Trading Fees (Commission)
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 Fees)
TradFi contracts are not traded 24/7 and include 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 Quoted in Basis Points
Formula: Swap = Position Size (Lots) × Contract Size × Tick Size × Swap Rate × Swap Multiplier
Example: For a long Gas position with a swap rate of −21.9 basis points, holding 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 Quoted in Settlement Currency
Formula: Swap = Position Size (Lots) × Swap Rate × Swap Multiplier
Example: For a long DJ30 position with a swap rate of −10.4485, holding 2 lots for 3 days. Swap = 2 × (−10.4485) × 3 = −62.691 - Swap Rate Quoted as a Percentage
Formula: Swap = Position Size (Lots) × Contract Size × Counterparty Price × Swap Rate / 360 × Swap Multiplier
Example: For AAPL with a swap rate of −6%, holding 10 lots with a contract size of 1 and a counterparty price of 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 product'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.
- Aligned with T+2 Settlement Conventions: Since many trades executed on Wednesday settle on Friday under T+2 rules, applying a triple swap on Wednesday ensures weekend interest is properly accounted for.
Notes
- Swap rules and rates may vary by product. Please refer to the swap details shown on the relevant trading pair page.
- Actual settlement times are subject to the platform's system and 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.
