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Oil commodities charge


frank386

Question

HI,

I'M WONDERING ABOUT THE Daily Commodities Interest for 1 day Oil  CHARGES.

HOW ARE THEY CALCULATED ?

WHAT TIME DO THEY KICK IN ?

IS IT CHARGED ONLY WHEN YOU HOLD A TRADE OVERNIGHT ?

THANKS,

FRANK

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9 minutes ago, frank386 said:

HI,

I'M WONDERING ABOUT THE Daily Commodities Interest for 1 day Oil  CHARGES.

HOW ARE THEY CALCULATED ?

WHAT TIME DO THEY KICK IN ?

IS IT CHARGED ONLY WHEN YOU HOLD A TRADE OVERNIGHT ?

THANKS,

FRANK

CHARGE APPLIES IF YOU HOLD A TRADE THROUGH 10PM.

CHARGES DO NOT APPLY TO FUTURES CONTRACTS, ONLY DFBs.

FOR CALCS SEE HERE.

https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated-

 

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