Interest is calculated daily on the open CFD positions held. Share CFDs, Index CFDs and Forex CFDs are charged interest separately using the tables provided on the IBKR website under the Pricing menu followed by Margin Rates listed below. IBKR CFD contract interest is charged on the full notional amount of a CFD position. Interest is charged from settlement date, not trade date.
- IBUK Margin Rates & Finance
- IBIE Margin Rates & Finance
- IBA Margin Rates & Finance
- IBSG Margin Rates & Finance
Please Note
- Long positions are generally charged interest whereas short positions will generally receive interest.
- IBKR operates a Direct Market Access (DMA) CFD model. In this model, the provider hedges the CFD order immediately in the underlying physical market and the CFD is executed at the price of the hedge.
- IBKR cannot use client margin money to finance the hedge, so clients pay interest on the full notional amount.
Additional Information