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November 22, 2016

Question:What's the trading cost(commissions) of Index CFDs on HotForex MT4 (MetaTrader4)?

Answer:

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

There will be 3 types of trading costs(or charges) when you trade Index CFDs on HotForex MT4.

1. Fixed Spread

Spread for Index CFDs is fixed during normal trading hours, although it is subject to change at anytime depending on the liquidity provider’s decisions.

The typical spread for Index CFDs is as follows:

AUS2002
FRA401
GER302
SHCOMP20
SPA3510
UK1001
USA1002
USA304
USA5000
USDIndex11
The unit is USD for all Index CFDs, except SHCOMP is CNH.

HotForex Official Website

2. Trading Commissions

Other than the spread, you need to cover the trading commissions for HotForex.

The extra commission is $2 per 1 round turn lot.

The spread and this commission are two inevitable trading cost that you need to cover.

3. Swap Points (Overnight Financing)

Every single symbol on HotForex MT4 has each swap points.

It could be negative or positive for your trading account, and it will be added/charged on your account at midnight in MT4 server time.

No swap points will be incurred if you don’t hold an open position overnight.

Swap points changes often, and you can check the latest swaps directly from HotForex MT4 or HotForex Official Website.

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