Our revenue comes from spreads, overnight funding, guaranteed stop-loss order premiums (when activated) and other regional fees. No commission are charged on positions.
Spreads
The spread is the difference between the buy and sell price of an asset. It is the primary way Capital·com generates revenue. The size varies depending on the asset and market conditions.
In highly liquid markets such as EUR/USD or gold, spreads are typically lower than in less liquid markets. Less liquid markets may carry higher costs and greater volatility.
The spread on the deal ticket before opening a position shows the exact cost at that moment.
CFD spread example
- One UK 100 CFD contract representing £1 per point. Spread of 2 points — total spread cost: £2.
- At 10 contracts, the spread cost is £10.
- A GBP/USD position with a notional value of £10,000 (mini-lot). Spread of 0.00013 (1.3 pips).
- Spread cost: 0.00013 × 10,000 = $1.30 to open and close the position.
Guaranteed stop-loss orders
A standard stop-loss order closes a position at a specified level. It is not guaranteed to execute at exactly that price — during a market gap, execution may occur at the next available price. Slippage can occur in volatile or low-liquidity conditions.
A guaranteed stop-loss order (GSL) closes a position at exactly the specified price, regardless of slippage or market gaps. A fee — the GSL premium — applies if the order is triggered.
Overnight funding
Overnight funding is a daily charge applied to leveraged positions held past the daily rollover time. It reflects the cost of maintaining exposure outside standard market hours. In some cases — typically for short positions — a credit is applied rather than a charge.
The calculation varies by asset class:
- Indices and shares: relevant interest rate benchmark (such as SONIA or SOFR) plus Capital·com's daily fee.
- Forex: underlying market adjustment (TomNext), plus or minus Capital·com's daily fee.
- Commodities: underlying market adjustment (futures basis), plus or minus Capital·com's daily fee.
- Bonds/interest rates: underlying market adjustment (futures basis) plus or minus Capital.com's daily fee (0.01096%).
More information is available on the Charges and fees page.
Currency conversion
Applies when a transaction is in a different currency to the account's base currency. The fee is built into the exchange rate used for the conversion — not charged separately. Retail clients pay a 0.7% mark-up.
Applies to:
- Realised profit and loss
- Overnight funding adjustments
- Guaranteed stop-loss order fees
- Dividends
- Standalone currency conversions (manual conversions of account balance)
Currency conversion example
Account base currency: USD. A UK stock trade (priced in GBP) closes with a profit of £10. At the spot rate of 1.24077, £10 converts to $12.41.
With the FX conversion fee included in the exchange rate:
- $12.32 for retail clients
- $12.35 for professional clients
1× OneX spread
1x positions carry a spread as the only cost. No overnight funding applies. No leverage is used. The spread is the difference between the buy and sell price and applies on opening and closing, split equally between the two.
The spread varies by instrument and is shown on the deal ticket before the position opens.
Spread rates for 1× positions are available in the instrument table below. Filter by 1× to see the relevant rates.