Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

# Costs and Associated Charges

This page of our website provides information about the costs and associated charges applicable when trading CFDs with GWG. The description of each cost, the methodology used for the calculation of the fees and scenario-based examples can be found in the following sections of this page in order to understand how the fees apply to your account in practice.

*This section is applicable to Retail and Professional Clients. There is no discrimination in the fee calculation methodology between client categorisation.

NOTE: Total trading costs increase proportionally to the volume of the transaction; the higher the trading volume, the higher the cost.

One-Off Costs
Ongoing Charges
Incidental Costs

### 4. SCENARIO-BASED EXAMPLES

CFDs on Forex
CFDs on Commodities
CFDs on Indices
CFDs on Cryptocurrencies
CFDs on Stocks
###### Cost and Associated Charges:

Spread: (1.20352 – 1.20355) x 100,000 = -USD 3.00 => -EUR 2.49

Commission: -EUR 3 x 1 Lot = -EUR 3.00

Swap (1st Day): -2.34 x 1 x 100,000 x 0.00001 x 1 = -USD 2.34 => -EUR 1.94 (-USD 2.34/1.20485)

Swap (2nd Day): -2.34 x 1 x 100,000 x 0.00001 x 1 = -USD 2.34 => -EUR 1.94 (-USD 2.34/1.20485)

Swap (3rd Day – triple swap day): -2.34 x 1 x 100,000 x 0.00001 x 3 = -USD 7.02 => -EUR 5.82 (-USD 7.02/1.20485)

Total Swap Fee = (-1.94) + (-1.94) + (-5.82) = -EUR 9.7

Total Cost of the transaction = (-2.49) + (-3.00) + (-9.7) = -EUR 15.19

###### Important Notes:
• The spread and commission is one-off cost and charged upon opening of the transaction at once for both operations (open and close).

• The results shown in the calculation been converted from USD to EUR which is the denominated currency of the trading account.

• For the purpose of this example, we assume that the end of day exchange rate is the same for all days.

• The cumulative swap fee will be deducted from Client's equity upon closing the position.

###### Cost and Associated Charges:

Spread: (1459.72– 1459.89) x 100 = -USD 14

Commission: -USD 0 x 1 Lot = -USD 0

Swap (1st Day): -3.82 x 1 x 100 x 0.01 x 1 = -USD 3.82

Swap (2st Day): -3.82 x 1 x 100 x 0.01 x 1 = -USD 3.82

Swap (3rd Day – triple swap day): -3.82 x 1 x 100 x 0.01 x 3 = -USD 11.46

Total Swap Fee = (-3.82) + (-3.82) + (-11.46) = -USD 19.1

Total Cost of the transaction = (-14) + (-0) + (-19.1) = -USD 33.1

###### Important Notes:
• The spread and commission is one-off cost and charged upon opening of the transaction at once for both operations (open and close).

• The cumulative swap fee will be deducted from Client's equity upon closing the position.

###### Cost and Associated Charges:

Spread: (30,103.8 – 30,105.9) x 1 (1lot * 1 contract size) = -USD 2.1 => -EUR 1.74 (2.1/(current spot EURUSD) 1.20385

Commission: -0.0035% x 30,103.800 x 1 Lot = -USD 1.05 => -1.87 (1.05/(current spot EURUSD) 1.20385

Swap (1st Day): -65 x 1 x 1 x 0.001 x 1 = -USD 0.065 => -EUR 0.053 (-USD 0.065 /1.20485)

Swap (2nd Day): -65 x 1 x 1 x 0.001 x 1 = -USD 0.065 => -EUR 0.053 (-USD 0.065 /1.20485)

Swap (3rd Day – triple swap day): --65 x 1 x 1 x 0.001 x 3 = -USD 0.195 => -EUR 0.161 (-USD 0.195/1.20485)

Total Swap Fee = (-0.053) + (-0.053) + (-0.161) = -EUR

Total Cost of the transaction = (-1.22) + (-0.2) + (-2.69) = -EUR 0.26

###### Important Notes:
• The spread and commission is one-off cost and charged upon opening of the transaction at once for both operations (open and close).

• The results shown in the calculation been converted from USD to EUR which is the denominated currency of the trading account.

• For the purpose of this example, we assume that the end of day exchange rate is the same for all days.

• The cumulative swap fee will be deducted from Client's equity upon closing the position.

###### Cost and Associated Charges:

Spread: (44,915.67 – 45,064.32) x 0.1 = -USD 14.87

Commission: USD 45,064.32 x -0.25% x 0.1 Lot = -USD 11.266

Swap (1st Day): -1500 x 0.1 x 1 x 0.01 x 1 = -USD 1.5

Swap (2nd Day): -1500 x 0.1 x 1 x 0.01 x 1 = -USD 1.5

Swap (3rd Day – triple swap day): -6.5 x 0.1 x 1 x 0.1 x 3 = -USD -4.5

Total Swap Fee = (-1.5) + (-1.5) + (-4.5) = -USD 7.5

Total Cost of the transaction = (-14.87) + (-11.266) + (-7.5) = -USD 33.636

###### Important Notes:
• The spread and commission is one-off cost and charged upon opening of the transaction at once for both operations (open and close).

• The cumulative swap fee will be deducted from Client's equity upon closing the position.

###### Cost and Associated Charges:

Spread: (250.72 – 250.52) x 100 = -USD 20

Commission: -USD 0.06% x 1 Lot(100) * 250.72(Open Price) = -USD 15.04

Swap (1st Day): -2.34 x 1 x 100 x 0.01 x 1 = -USD 2.34

Swap (2nd Day): -2.34 x 1 x 100 x 0.01 x 1 = -USD 2.34

Swap (3rd Day – triple swap day): -2.34 x 1 x 100 x 0.01 x 3 = -USD 7.02

Total Swap Fee = (-2.34) + (-2.34) + (-7.02) = -USD 11.7

Total Cost of the transaction = (-20) + (-15.04) + (-11.7) = -USD 46.74

###### Important Notes:
• The spread and commission is one-off cost and charged upon opening of the transaction at once for both operations (open and close).

• The cumulative swap fee will be deducted from Client's equity upon closing the position.

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