Trading Fees (Commissions)
TradFi contract trading fees depend on the contract type and the number of lots traded. Trading fees are deducted directly from your balance once the order is successfully placed. Please refer to the table below for detailed trading fees by contract type.
| Contract Type | Leverage | Commission per Lot (VIP < 5) | Commission per Lot (VIP ≥ 5) |
|---|---|---|---|
| Forex | Up to 500:1 | 6 | 5.4 |
| Metals | Up to 500:1 | 6 | 5.4 |
| Commodities | 20:1 | 3 | 2.7 |
| Oil | Up to 500:1 | 3 | 2.7 |
| Indices (Nikkei225) | Up to 500:1 | 0.1 | 0.09 |
| Indices (HK50) | Up to 500:1 | 1.5 | 1.35 |
| Indices (HKTECH) | Up to 500:1 | 0.5 | 0.45 |
| Other Indices | Up to 500:1 | 3 | 2.7 |
| U.S. Stock CFDs | Up to 5:1 | 0.02 (min 0.2 per order) | 0.018 (min 0.18 per order) |
Swap (Overnight) Fee Calculation
TradFi contracts are not traded 24/7 and are subject to market close periods. If you hold positions during market closure, swap (also known as overnight) fees will be charged based on the holding duration and applicable swap rates. Depending on the contract type, swap fees are calculated using one of the following methods:
- Swap Rate Expressed in Basis Points
Formula: Swap = Position Size (Lots) × Contract Size × Tick Size × Swap Rate × Swap Multiplier
Example: The swap rate for a long Gas position is -21.9 basis points. User A holds 1 lot with a contract size of 42,000 and a tick size of 0.0001. Swap = 1 × 42,000 × (−21.9) × 0.0001 = −91.98 - Swap Rate Denominated in Settlement Currency
Formula: Swap = Position Size (Lots) × Swap Rate × Swap Multiplier
Example: The swap rate for a long DJ30 position is −10.4485. User B holds 2 lots for 3 days. Swap = 2 × (−10.4485) × 3 = −62.691 - Swap Rate Expressed as a Percentage
Formula: Swap = Position Size (Lots) × Contract Size × Counterparty Price × Swap Rate / 360 × Swap Multiplier
Example: The swap rate for AAPL is −6%. User C holds 10 lots with a contract size of 1 and the counterparty price is 351.44. Swap = 10 × 1 × 351.44 × (−6%) / 360 = −0.5857
What Is a Triple Swap?
In most financial markets (such as forex, commodities, and indices), trading does not take place over the weekend. However, financing or interest costs for Saturday and Sunday still apply to overnight positions. A triple swap (also known as a 3-day swap) refers to the practice of charging three days' worth of swap interest on a specific trading day to account for weekend holding costs. To ensure clarity and transparency, Gate applies a triple swap to positions held on the designated settlement day each week, so that financing costs incurred over the weekend are properly reflected.
How It Works
- Daily Swap: At the end of each trading day, swap fees are applied based on the asset's swap rate.
- Triple Swap: On the designated settlement day each week (typically Wednesday, subject to platform settlement time), the swap fee is multiplied by three to cover the holding costs of Saturday and Sunday.
- Weekend Swap Settlement: Because markets are closed on Saturdays and Sundays, swap charges cannot be applied on those days. To account for this, the triple swap rule is applied on Wednesday, when swap charges for three days are applied in a single settlement.
- Aligned with the T+2 Settlement Convention: Since trades executed on Wednesday are typically settled on Friday under the T+2 settlement cycle, applying triple swap on Wednesday ensures that swap charges for positions held over the weekend are correctly reflected.
Dividend Adjustment
When a constituent stock of an index pays a dividend, the index price will naturally decrease. To ensure a fair environment for all traders, the platform applies a USDT adjustment to offset this impact.
How does the adjustment affect my account?
- If you hold a long position:
You will receive a USDT credit. - If you hold a short position:
The corresponding amount will be deducted from your account.
Example
Assume the dividend adjustment is $5 per lot, and you hold 0.2 lots:
- Long position: Account + $1.00 ($5 × 0.2)
- Short position: Account – $1.00 ($5 × 0.2)
Notes
- Applies only to open positions: Adjustments are applied only if you hold a position on the ex-dividend date.
- Processed automatically: The adjustment will be automatically reflected in your account balance. You can view it in your transaction history under "Dividend Adjustment."
Reminder
- Swap rules and rates may vary by asset. Please refer to the swap details shown on the relevant trading pair page.
- The actual settlement time is subject to the platform's settlement schedule. If necessary, please check before trading or contact customer support to confirm.
- If you have questions about swap charges, you can review the details in your position or trade history, or contact Gate customer support for assistance.
