Trading

How this firm is paid.

No commission is charged on positions. Revenue comes from spreads, overnight funding, guaranteed stop-loss order premiums when activated, and other regional fees.

Spread

The spread is the gap between the price at which you can sell and the price at which you can buy. On USTEC it is quoted in index points. A 0.8 point typical spread, on a contract where one point is worth one unit of account currency per lot, costs 0.8 units per lot to cross. You pay it by dealing, not by a separate invoice.

Typical spreads on the market pages are medians from liquid hours. They are not a cap. News, the cash open, and the daily break can widen them. The ticket shows the live spread before you confirm.

Overnight funding

Cash CFDs held past the daily roll carry a financing adjustment. For an index, the long charge generally reflects the relevant interest benchmark plus an administration mark; the short side can receive a credit smaller than that mark, or a charge, depending on rates. Figures on the market card are indicative points per standard lot and are updated when benchmarks move.

Triple funding can apply on a Wednesday for forex, to account for weekend settlement. Index cards state their own convention on the platform specification sheet issued at account opening.

Guaranteed stop premium

If you attach a guaranteed stop-loss and it is later activated, a premium is charged. If you cancel the order, or the position is closed another way, the premium is not charged. The premium is a small number of points, wider than the minimum distance, and shown before you place the order.

Regional fees

Some jurisdictions levy a stamp, a transaction tax, or a conversion cost on funding and withdrawal. Where one applies to your residency, it is itemised on the statement. It is not folded into the spread.

What you will not see

No commission per side. No inactivity fee in the first year. No deposit bonus that rewrites withdrawal rules.