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CFD Costs

CFD commissions and pricing

CFD trading is very similar to normal share dealing in two respects. You deal at the cash price of the share, and pay a commission on both the open and close, which is calculated as a percentage of the value of the transaction. 

Our commission rate on equities ranges from 0.2% to 0.5% depending on account size. For commission rates and charges related to other instruments please contact Galvan for further information.


Trading can be conducted over the telephone or through the online trading platform. You will not be charged any additional cost for trading over the telephone.


Galvan does not charge any hidden costs such as administration, compliance or management fees and we do not widen the spread of shares.



When you trade CFDs you may incur financing charges on positions held overnight.


If you are long, you'll have to pay interest; if you are short, you may receive interest. On equity positions, long positions will be debited a financing charge of LIBOR + 3%, while short positions will be credited finance of LIBOR - 3%.

For example, if a client was holding a long CFD position in a share, they would pay financing at 3% over LIBOR. If LIBOR was say 0.5%, the client would be paying a funding rate of 3.5% per annum. If the total contract value was 10,000 the funding charge would be around 0.95 for every day the contract was maintained (350 per annum divided by 365 days).


The funding charge is only incurred if the position is held overnight. These amounts will be credited or debited on the next trading day.


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Trading in Contracts for Difference may not be suitable for all investors due to the high risk nature of the product. You may lose all or more of your initial deposit through the use of leverage and may be required to make additional payments by way of margin on a frequent and sometimes daily basis. Failure to do so can result in the closure of part or all of your position. Please refer to Galvan’s risk warning.