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Cable fees in spread bet account


BASA

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Hello, 

I have had a look at the formulas for fees but it’s somewhat confusing, can someone simply tell me roughly what fees I am likely to encounter if I open a position on cable in my spreadbet account and keep it long term, ie months.

 

Thanks

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7 minutes ago, Caseynotes said:

Hi, if you intend to hold the position open for more than a week or two then the most cost affective means is by using the Forwards (Futures) chart (see dropdown arrow next to asset name top left corner.

On a Forwards contract there are no overnight interest fees so you only pay the spread (a bit higher than the DFB spread) which is repaid every rollover (normally 3 months).

Thank you so much, re the spread, do you mean the size of spread is re-adjusted every three 3 months?

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