What are the typical charges for CFD trading on City Index's digital currency options?

1 answers

• Soo KuJan 03, 2024 · 2 years ago
  When it comes to CFD trading on City Index's digital currency options, you can expect to encounter charges such as spreads, overnight financing fees, and potentially commission fees. Spreads refer to the difference between the buy and sell prices, and they can vary depending on market conditions and the specific digital currency being traded. Overnight financing fees are charged if you hold positions overnight, and they are calculated based on the size of your position and the relevant interest rates. Commission fees may also be applicable, but this depends on the specific account type you have with City Index. It's important to note that the charges may vary, so it's recommended to review City Index's fee schedule or contact their customer support for the most accurate and up-to-date information.
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