IFC Markets announced the changed trading conditions of Stock CFDs
From 22nd of February 2016, the trading conditions(including swaps) of Stock CFDs will be updated.
The changes are as follows:
Trading Commission
Trading commissions will be charged for both opening and closing a position, but the total commission will be less.
For American Stock CFDs the commission is 2 cents per 1 stock.
For other Stock CFDs the minimum commission is $0.01 per one deal.
Swap
Small swaps will be calculated for Stock CFD positions overnight.
If you have opened a Stock CFD position prior to 22.02.2016 with the old commission system, but closed it with new system conditions, please contact IFC Markets’ support desk and request for a compensation equal to the extra commission size.