Natgas Apr-21

[SunnyD]

Hey guys,

Basic question lol. So I've opened a position on Natgas Apr-21 spreadbet contract. There's a 20 pip spread on it. My question is if I hold it overnight will I be charge 20 pips again each day or does the Apr-21 part mean that I don't pay any commissions/fees on it till it rolls over in April?

Thanks

S

[CharlotteIG]

21 hours ago, SunnyD said:

Hey guys,

Basic question lol. So I've opened a position on Natgas Apr-21 spreadbet contract. There's a 20 pip spread on it. My question is if I hold it overnight will I be charge 20 pips again each day or does the Apr-21 part mean that I don't pay any commissions/fees on it till it rolls over in April?

Thanks

S

Hey @SunnyD,

Thanks for your post, 

If you buy a future contract it usually has a slightly larger spread however you're not  subject to overnight funding like you are for cash price/ DFB. 

You will not be charged 20 pts per night it's just the initial 20 points spread when you open the position. If you leave it there (and have enough on your account to cover your margin) there aren't any other fees. 

Just as a heads up the April contract actually expires in March. You can find details on the platform in the get info section: 

All the best