For every trade you make, we charge a small amount of money. At BUX X we have three different trading-related fees:
- Opening fee: The opening fee is calculated as a percentage of the total trade value at the moment you open the position. This percentage is dependent on the type of trade you make. For larger trades, we charge a relatively lower opening fee. The fee will be deducted from your account value at the opening of the trade.
- Closing fee: The closing fee is calculated following the same pattern as the opening fee and is deducted when you close the trade. It is therefore calculated as a % of your total trade value at the moment you close the position.
- Financing fee: Charged when you are trading with a Multiplier and when you keep your position open overnight. The fee is calculated based on the total trade value. You can read more about it here.
- Inactivity Fee: Charged to the accounts that have been inactive for the last 90 days. There are a few conditions that define an inactive account. You can read more about it here.
The minimum fee for opening and closing a position with BUX X is GBP 0,30.* You can check out the complete BUX X price list here.
Before you confirm your trade, you will always see an exact overview of the trading fees for your position. This way, there are no surprises. Moreover, you can also view the present net value of your open positions (= value - fees) when you click on "Net (Σ)".
Questions? Contact us.
*or €0.30, 2.40 DKK, 3.00 SEK