Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please refer to the trading platform.

Swap is a type of commission applied to trading positions held overnight. To help you estimate your swap costs, you can use our handy calculator. On Wednesdays, a triple swap rate applies for positions in gold, silver, platinum, and other metal pairs to account for the market close over the weekend where no swaps are charged.

If you have Extended swap-free status, you won’t be charged any swaps for the instruments marked in the table above. To check your swap status, simply log in to your Personal Area, go to Settings, and then to the Trading Conditions tab.

If you are a resident of a Muslim country, all accounts are automatically swap-free.

Margin requirements are tied to the rate of leverage you use. Changing your leverage will cause margin requirements on XAU (gold) and XAG (silver) pairs to change. Just as spreads change depending on conditions, the leverage available to you can also vary. You can read more about the changes in margin requirements in the FAQ section below.

Margin requirements for the following commodities always remain fixed, regardless of the maximum leverage set on your account:

• For XAL (aluminum), XCU (copper), XNI (nickel), XPB (lead), XPT (platinum), XPD (palladium) and XZN (zinc) leverage is set at 1:100

• For XNGUSD (natural gas), leverage is set at 1:20

Margin requirements for USOIL and UKOIL always remain fixed with a leverage of 1:200, except for specific periods of higher margin requirements. During the following higher margin requirements periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage):

• USOIL: from 16:45 (GMT+0) on Friday to 22:59 (GMT+0) on Sunday

• UKOIL: from 08:00 (GMT+0) on Friday to 00:30 (GMT+0) on Monday

Please note that the stop level values in the table above are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.

• XAU: Sunday 23:05:00 – Friday 21:57:59 (daily break 21:58:00-23:01:00, close only 21:49:00-21:57:59)

• XAG: Sunday 23:05:00 – Friday 21:58:00 (daily break 21:58:00-23:01:00)

• XPDUSD, XPTUSD: Sunday 23:10:00 – Friday 21:58:00 (daily break 21:58:00-23:05:00)

• XALUSD, XCUUSD, XPBUSD, XZNUSD: daily 01:00:00 – 18:54:59 (daily break 18:54:59-01:00:00)

• XNIUSD: daily 08:00:00 – 18:54:59 (daily break 18:54:59-08:00:00)

• USOIL, XNGUSD: Sunday 23:10:00 – Friday 21:44:00 (daily break 21:45:00-23:10:00)

• UKOIL: Monday 01:10:00 – Friday 21:54:00 (daily break 21:55:00-01:10:00)

All timings are in server time (GMT+0).