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CFD brokerage and fees


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hi eveyone, new bloke here trading Australian shares with leverage CFD account. i am having trouble trying to understand the brokerage cost for my CFD account. with shares its easy as the ticket will show to cost of brokerage but with the CFD it does not but only when i go through a statement i cant help but think im being overcharged. what is the formula to calculate the brokerage or other fees per transaction? and does it cost more to go long or go short? thanks for your help!

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I don't trade on these, but in theory you can check other brokers and see how much they charge for the same trades.

I did that for my trades, and concluded my previous broker offered much worse prices and a lot less market liquidity, plus possibly a lot of taxation.

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    • I am a relatively newbie. I have seen similar and also have seen automated closed position has a loss though the close price I have set was above the price I have bought. After about 6 months with a lot of mysterious losses though my closing price was above the opening price, I discovered this was because of the amount charged for opening/closing a position. This is right below BUY and SELL boxes on the right in very small font. This amount vary from  0.9 to 33 or more depending on the level of trading at the time you open or close. As a result, I delete all my automated BUY/SELL values before I stop trading for the day. Remember, the the software is set up to favor the IG, not the retail seller. That is why 70% or more end up in loss.  
    • oh thank you, as a complete beginner it was interesting + useful! https://www.investopedia.com/terms/p/price-change.asp can i read this site and take it as the truth?
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