INTERTRADER BLACK MARKET PRICING

With an Intertrader Black account you can trade DMA equities and equity options, indices, FX and commodities. Please contact us at cs.black@intertrader.com or +44 203 617 5560 for further information.

Please note that the markets listed below are available for spread betting or CFD trading. All margin rates are indicative only and are intended for professional traders. All times are UK time unless otherwise stated.

DMA equities

RegionCommission:
daily contract
Margin rate
UK (FTSE 100)from 0.10%from 10%
UK (other)from 0.10%from 25%
UK (market maker)from 0.25%from 25%
US (major)from 1 cent per sharefrom 10%
US (other)from 2 cents per sharefrom 15%
Europe (major)from 0.10%from 10%
Europe (other)from 0.25%from 10%
Canada (major)from 3 cents per sharefrom 20%
Canada (other)from 3 cents per sharefrom 50%

Indices: daily

MarketSpreadTrading hoursMargin rate
UK 1002
1
2
4
3
07.00-08.00
08.00-16.30
16.30-21.00
21.00-01.00
01.00-07.00
1%
Wall Street2.4
1.6
9.8
9.8
3.8
08.00-14.30
14.30-21.00
21.15-21.30
22.00-23.00
other times
1%
US 5000.4
0.6
1.5
1.5
14.30-21.00
21.00-14.30
21.15-21.30
22.00-23.00
1%
US Tech 1001
2
5
5
14.30-21.00
21.00-14.30
21.15-21.30
22.00-23.00
1%
US Russell 20000.8
0.8
0.3
21.15-21.30
22.00-23.00
other times
1%
EU Stocks 501.5
3
2
07.00-21.00
21.00-00.15
00.15-07.00
1%
France 403
2
1
2
4
00.15-07.00
07.00-08.00
08.00-16.30
16.30-21.00
21.00-00.15
1%
Germany 304
2
1
2
5
00.15-07.00
07.00-08.00
08.00-16.30
16.30-21.00
21.00-00.15
1%
Italy 408
8*
38
08.00-16.50
16.50-19.30
19.30-08.00
1%
Spain 355*
5
5*
12
07.00-08.00
08.00-16.30
16.30-19.00
19.00-07.00
1.5%
Switzerland Blue-Chip2*
6
07.01-20.59
20.59-07.01
1%

Note: all spreads are fixed unless otherwise indicated by an asterisk (in which case variable spreads are added to the underlying market spread).

FX: spot

Please contact us at cs.black@intertrader.com or +44 203 617 5560 if the FX instrument you wish to trade does not appear below.

MarketSpread from (in pips)Trading hoursUnit riskMargin rate
CAD/CHF2.524 hrs0.00015%
CAD/JPY224 hrs0.012%
CHF/JPY224 hrs0.015%
EUR/CAD2.524 hrs0.00012%
EUR/CHF224 hrs0.00015%
EUR/GBP0.924 hrs0.00012%
EUR/JPY1.524 hrs0.012%
EUR/USD0.624 hrs0.00012%
GBP/CAD324 hrs0.00012%
GBP/CHF324 hrs0.00015%
GBP/JPY2.524 hrs0.012%
GBP/USD0.924 hrs0.00015%
USD/CAD1.324 hrs0.00012%
USD/CHF1.524 hrs0.00015%
USD/JPY0.724 hrs0.012%
AUD/CAD1.524 hrs0.00012%
AUD/CHF224 hrs0.015%
AUD/JPY1.324 hrs0.012%
AUD/NZD2.524 hrs0.00012%
AUD/USD0.624 hrs0.00015%
EUR/AUD1.824 hrs0.00012%
EUR/NZD324 hrs0.00012%
GBP/AUD1.924 hrs0.00012%
GBP/NZD524 hrs0.00012%
NZD/CHF424 hrs0.00015%
NZD/JPY224 hrs0.015%
EUR/SGD424 hrs0.00012%
EUR/ZAR15024 hrs0.00012.5%
GBP/SGD524 hrs0.012%
GBP/ZAR20024 hrs0.012.5%
USD/SGD324 hrs0.012%
EUR/DKK1024 hrs0.00015%
EUR/NOK2524 hrs0.00012%
EUR/SEK3024 hrs0.00012%
USD/DKK1524 hrs0.00015%
USD/NOK2524 hrs0.00012%
USD/SEK2524 hrs0.00012%
EUR/CZK2524 hrs0.015%
EUR/HUF2024 hrs0.012%
EUR/MXN10024 hrs0.00012.5%
EUR/PLN2524 hrs0.00012%
GBP/CZK3024 hrs0.015%
USD/CZK2524 hrs0.015%
USD/MXN5024 hrs0.00012.5%

FX: forward

Available on request. Please contact us at cs.black@intertrader.com or +44 203 617 5560 for further details.

Commodities: spot

MarketSpreadTrading hours (electronic trading)Trading hours (phone broking)Trade size = one contractMargin rate
Gold0.324 hrs (except 22.00-23.00)07.30-22.00$1003%
High-Grade Copper2024 hrs (except 22.00-23.00)07.30-22.00$2.503%
Palladium1.224 hrs (except 22.00-23.00)07.30-22.00$1005%
Platinum1.824 hrs (except 22.00-23.00)07.30-22.00$503%
Silver224 hrs (except 22.00-23.00)07.30-22.00$503%
Crude Oil (Brent)2.801.00-23.0007.30-22.00$10Exchange
Crude Oil (US)2.824 hrs (except 22.00-23.00)07.30-22.00$10Exchange
Heating Oil2024 hrs (except 22.00-23.00)07.30-22.00$4.20Exchange
London Gas Oil0.601.00-23.0007.30-22.00$100Exchange
Natural Gas324 hrs (except 22.00-23.00)07.30-22.00$10Exchange
Cocoa (London)309.30-16.5009.30-16.50£10Exchange
Cocoa (New York)409.45-18.3009.45-18.30$10Exchange
Coffee Arabica (New York)2009.15-18.3009.15-18.30$3.75Exchange
Coffee Robusta (London)309.00-17.3009.00-17.30$10Exchange
Corn0.601.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$50Exchange
Cotton (New York) 1502.00-19.2007.30-19.20$5Exchange
Feeder Cattle1414.30-19.0514.30-19.05$5Exchange
Lean Hogs1014.30-19.0514.30-19.05$4Exchange
Orange Juice2413.00-19.0013.00-19.00$1.50Exchange
Live Cattle1214.30-19.0514.30-19.05$4Exchange
Lumber6015.00-22.0015.00-22.00$1.10Exchange
Oats0.601.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$50Exchange
Rough Rice2001.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$2Exchange
Soyabean Meal4001.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$1Exchange
Soyabean Oil601.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$6Exchange
Soyabeans1.201.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$50Exchange
Sugar (London No. 5)0.608.45-17.5508.45-17.55$50Exchange
Sugar (New York No. 11)308.30-18.0008.30-18.00$11.20Exchange
Wheat (Chicago)0.601.00-13.45
14.30-19.20
07.30-13.45
14.30-19.20
$50Exchange
Wheat (London)0.409.30-17.2809.30-17.28£100Exchange
US Dollar Basket (Undated)501.00-22.0007.30-22.00$10Exchange
US Dollar Basket801.00-22.0007.30-22.00$10Exchange

Options: indices

Options marketSpread rangeTrading hours (electronic trading)Trading hours (phone broking)Trade size = one contract
UK 100 daily3-624 hrs with gaps07.30-22.00£10
Wall Street daily4-724 hrs with gaps07.30-22.00$10
US 500 daily0.3-1.024 hrs with gaps07.30-22.00$100
France 40 daily3-608.00-16.3008.00-16.30€10
Germany 30 daily3-624 hrs07.30-22.00€5
Italy 40 daily12-1608.00-16.3008.00-16.30€5
Spain 35 daily5-1208.00-16.3008.00-16.30€10

Options: shares

Available on request. Please contact us at cs.black@intertrader.com or +44 203 617 5560 for further details.

Notes

  1. Spreads are subject to variation, especially in volatile market conditions. If the underlying market spread increases significantly, our spread may likewise increase.
  2. All daily or cash contracts are subject to funding adjustments, if your position is kept open overnight (after 10pm UK time). Please contact us for more details of how these adjustments are calculated. For all futures and forwards, funding charges are built into the dealing spread.
  3. We operate a tiered margin structure, which means that you may be subject to higher deposit requirements for larger position sizes. Please contact us for more information on our tiered margins.
  4. These margin rates only apply to professional clients. The Intertrader Black account is only available to clients who successfully apply for professional classification.