Our Fees and Charges

Trading & Transaction Costs

• What is spread?

  Spread is the difference between the bid (sell) price and the ask (buy) price for a specific trade. It is, therefore, your cost of opening and closing a specific position.

• What is margin?

  Margin is the amount you are contributing to a certain trade and it is also the amount you stand to lose should the markets move against you.

• What is a pip?

  PIP stands for Percentage in Point and it is a standardised unit and is the smallest amount by which a currency quote can change. It is usually $0.0001 for U.S. Dollar-related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point.

• What is leverage?

  Leverage involves borrowing a certain amount of the money needed to invest in something. If you wish to trade with a larger amount than what you own, you set your leverage accordingly. It is important to remember that the higher the leverage the higher your losses or profits will be. When using leverage, it is therefore important to understand that you are essentially increasing your risk of losing funds.

• What are overnight charges?

  For each position held overnight (ie, at or after 21:00 GMT), a rollover or swap fee is due. Rollover or swap fees vary based on the underlying asset. View our Full CFD Asset List & Charges here.

• What are Conversion Fees?

  Conversion fees apply when your account currency is different than the quoted currency of the underlying asset you are trading.

• What is an Inactivity Fee?

  An inactivity fee as its name suggests is a fee charged when your account remains inactive for a certain amount of time. Trading accounts that are inactive for more than 90 consecutive days will be subject to a monthly fee of $30 or base trading account currency equivalent.

• What is a Withdrawal Fee?

  A withdrawal fee is the fee you incur when placing a withdrawal. Please note that BDSwiss does not charge any withdrawal fees but you may be charged bank transfer fees.