CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
63.7% of retail investor accounts lose money when trading CFDs with IBKR.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Balance Cutoffs | Contract Interest Charged/Paid on Open CFD Positions | |||||
---|---|---|---|---|---|---|
Currency | Position | Tier I | Tier II | Share CFDs Below Tier I | Share CFDs Between Tier I and Tier II |
Share CFDs Above Tier II |
AUD | Long/Short 1 | 140,000 | 1,400,000 |
2.753% /
-0.247% (BM +/- 1.5%) |
2.753% /
-0.247% (BM +/- 1.5%) |
2.753% /
-0.247% (BM +/- 1.5%) |
BRL2 | Long/Short 1 | 500,000 | 5,000,000 |
15.15% /
10.65% (BM + 2%/-2.5%) |
14.9% /
11.15% (BM + 1.75%/-2.0%) |
14.65% /
11.65% (BM + 1.5%/-1.5%) |
CHF | Long/Short 1 | 90,000 | 900,000 |
1.5% /
-1.835% (BM +/- 1.5%) |
1% /
-1.335% (BM +/- 1%) |
0.5% /
-0.835% (BM +/- .5%) |
CZK | Long/Short 1 | N/A | N/A |
9% /
3% (BM +/- 3%) |
9% /
3% (BM +/- 3%) |
9% /
3% (BM +/- 3%) |
DKK | Long/Short 1 | N/A | N/A |
1.5% /
-2.195% (BM +/- 1.5%) |
1.5% /
-2.195% (BM +/- 1.5%) |
1.5% /
-2.195% (BM +/- 1.5%) |
EUR | Long/Short 1 | 90,000 | 900,000 |
1.5% /
-2.119% (BM +/- 1.5%) |
1% /
-1.619% (BM +/- 1%) |
0.5% /
-1.119% (BM +/- .5%) |
GBP | Long/Short 1 | 80,000 | 800,000 |
2.643% /
-0.357% (BM +/- 1.5%) |
2.143% /
0.143% (BM +/- 1%) |
1.643% /
0.643% (BM +/- .5%) |
HKD | Long/Short 1 | 780,000 | 7,800,000 |
1.697% /
-1.303% (BM +/- 1.5%) |
1.697% /
-1.303% (BM +/- 1.5%) |
1.697% /
-1.303% (BM +/- 1.5%) |
JPY | Long/Short 1 | N/A | N/A |
1.5% /
-1.673% (BM +/- 1.5%) |
1.5% /
-1.673% (BM +/- 1.5%) |
1.5% /
-1.673% (BM +/- 1.5%) |
NOK | Long/Short 1 | 900,000 | 9,000,000 |
2.684% /
-0.316% (BM +/- 1.5%) |
2.184% /
0.184% (BM +/- 1%) |
1.684% /
0.684% (BM +/- .5%) |
RUB | Long | N/A | N/A |
13.86% (BM + 5%) |
13.86% (BM + 5%) |
13.86% (BM + 5%) |
SEK | Long/Short 1 | 900,000 | 9,000,000 |
1.527% /
-1.473% (BM +/- 1.5%) |
1.027% /
-0.973% (BM +/- 1%) |
0.527% /
-0.473% (BM +/- .5%) |
SGD | Long/Short 1 | 140,000 | 1,400,000 |
3.404% /
-0.596% (BM +/- 2%) |
3.404% /
-0.596% (BM +/- 2%) |
3.404% /
-0.596% (BM +/- 2%) |
USD | Long/Short 1 | 100,000 | 1,000,000 |
3.076% /
0.076% (BM +/- 1.5%) |
2.576% /
0.576% (BM +/- 1%) |
2.076% /
1.076% (BM +/- .5%) |
ZAR | Long/Short 1 | 1,500,000 | 15,000,000 |
7.119% /
2.619% (BM + 2% / -2.5%) |
6.869% /
3.119% (BM +1.75% / -2%) |
6.619% /
3.619% (BM +1.5% / -1.5%) |
An additional borrow charge is levied on short CFD Positions, determined for each stock individually based on market borrow rates. IBKR will provide non-binding, indicative borrow rates to clients. Borrow rates may change without notice over the life of the short position based on market conditions.
Pursuant to the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.
Product Disclosure Statements are also available for each of these products. You should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.