CFDS TO BEST PRICE TRADE

Here you will get an overview of the most important prices for trading stock CFDs, index CFDs as well as Forex CFDs at CapTrader.

Trading CFDs through CapTrader offers you the following advantages:

• Transparent, favorable commissions and financing conditions
• Simultaneous trading of CFDs and the underlying shares
• Margin efficiency
• Efficient CFD reference price system

Stock Lending Fee:

An additional lending fee is charged on short CFD positions, which is determined individually for each stock based on market lending rates. IB provides non-binding indicative lending fee rates for clients. Lending fee rates are subject to change without notice during the life of the short position depending on market conditions.

Financing costs for CFDs:

For open long positions, interest will be charged to your account. For open short positions, interest is usually credited to your account, except in cases where there is a negative contract interest rate. If the contract interest rate is negative, your account will be debited with this interest.

With index CFDs at CapTrader you can achieve a broader position on the market easier than with other financial instruments.

• Flexible engagement in global markets
• Favorable commissions and financing conditions
• Transparent price quotations

Example of a European Index CFD

Purchase: 5 CFDs Germany30 (code: IBDE50) at a price of 12,000
Calculation: 5 CFDs x 12,000 (price of the index)= €60,000
Result: 60.000 x 0,01 % (commission) = 6,00 € order fee

Financing costs for CFDs:

Interest will be charged to your account for open long positions. For open short positions, interest is usually credited to your account, except in cases where there is a negative contract interest rate. If the contract interest rate is negative, your account will be debited with this interest.

Advantages of Forex CFDs at CapTrader for you:

• Direct access to interbank rates
• Favorable commissions starting from 0.30 basis points multiplied by the trading volume
• Automatic position extension overnight

IB owes its tight spreads and strong liquidity to the combination of quote streams from 14 of the world's leading forex dealers, which together hold over 78%¹ of the global interbank market. This allows quotes to be displayed with an accuracy of sometimes as little as 0.1 PIP. IB displays quotes as they are received from foreign exchange dealers and separately charges a small commission. This method was chosen to provide the most transparent fee structure possible, rather than adding markups to our quotes and not charging commissions for them, as is common with many other forex brokers.

Below you will find an overview of our conditions for Forex CFDs and the associated daily interest calculation. Below the two tables you will find a transparent, detailed explanation for the calculated interest rates.

¹) Source: Euromoney FX Survey FX Poll 2016: The Euromoney FX Survey is the largest global survey of foreign exchange service providers.

Holding interest is calculated daily for all open CFD positions held at the close of trading.

Interest on forex CFD balances is calculated on a contract-by-contract basis and is not combined or netted with other currency positions, including spot FX. While IB/CapTrader does not use a direct reference for swap rates, IB/CapTrader reserves the right to apply higher spreads in extraordinary market conditions, e.g. during peak swap rate periods that may occur at the end of the financial year. The interest rate charged or received is calculated daily from the difference between the interest rates of the two currencies traded against each other and is subject to a premium or discount. This premium/discount is usually 2 % for all standard currency pairs ("Major Currency Pairs") and 2.5 % for less liquid pairs at CapTrader.

Example: on December 14, 2022, the USD benchmark interest rate was 3.830 % and the CHF rate was 0.374 %. The prime rate for the USD.CHF is therefore:

For a long position in USD.CHF you will receive this interest rate minus the spread of 2 %. You will therefore be credited daily with an interest payment of 3.456 % - 2 % = 1.456 % on a pro rata basis on the value of your position in the quote currency (here: CHF). For a short position, you will be charged the interest rate plus the spread of 2 %. So in this case you would be charged and proportionally debited 3.456 % + 2 % = 5.456 % daily.

Note: A positive interest rate value on a long position (pair BM minus spread) corresponds to an interest credit, while a negative rate means an interest debit. For short positions, a positive interest rate (pair BM plus spread) means an interest debit, while a negative rate means an interest credit.