Trading
Trading costs
We work hard to keep trading costs down for you.
If you choose to trade on our proprietary platform TN Trader, you can access low cost fixed-spreads on certain markets. This gives you increased certainty, in an uncertain world with volatile markets.
We also offer complete transparency with our overnight funding charges.
Low cost fixed-spreads
Controlling trading costs is key to maximising your profits. Few things take the shine off a successful trade more than hidden costs eating into your funds. That’s why, when you trade with us, you can forget about commission, deposit fees and withdrawal charges.
In a volatile market, trading costs can escalate terrifyingly quickly. It’s not helped when some platforms ramp up costs during busy trading times. Not on our watch. On our proprietary platform TN Trader, we offer low cost fixed-spreads on some of our markets - meaning regular traders can really rack up worthwhile savings.
Overnight financing
With us, you can control a significant position in a financial market with a relatively small percentage of this as a deposit, or initial margin. This means that you’re trading with leverage which boosts your potential profit, but equally can magnify any losses.
When holding a position overnight, you pay a small amount of interest on all long positions or you may receive a credit on short positions, depending on the market and interest rates at the time.
Slippage
Slippage, or gapping, is where there is a price movement on a financial instrument in which no trade occurs. This can result in an order being executed at a different price than the one originally seen on your trade ticket.
Slippage is a natural part of the trading process and can be positive or negative. Typically it is most noticeable on markets where there are overnight trading breaks, such as individual stocks. But slippage can occur in any market, and can be caused by a variety of factors including unexpected news, an economic data release, or a geopolitical event.
Dividends
When trading stock indices and individual equities, there are times when your position may be subject to a dividend adjustment. When a dividend is payable on a company share, then anyone who is long of the relevant financial instrument will receive a credit on their account equal to the dividend payment. If that company is included in a stock index, then that index will also be subject to an adjustment.
Customers who hold short positions in the relevant financial instrument will see a corresponding debit on their account.