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
All 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
All 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 fromTrading hoursUnit riskMargin rate
CAD/CHF2.524 hours0.00015%
CAD/JPY224 hours0.012%
CHF/JPY224 hours0.015%
EUR/CAD2.524 hours0.00012%
EUR/CHF224 hours0.00015%
EUR/GBP0.924 hours0.00012%
EUR/JPY1.524 hours0.012%
EUR/USD0.624 hours0.00012%
GBP/CAD324 hours0.00012%
GBP/CHF324 hours0.00015%
GBP/JPY2.524 hours0.012%
GBP/USD0.924 hours0.00015%
USD/CAD1.324 hours0.00012%
USD/CHF1.524 hours0.00015%
USD/JPY0.724 hours0.012%
AUD/CAD1.524 hours0.00012%
AUD/CHF224 hours0.015%
AUD/JPY1.324 hours0.012%
AUD/NZD2.524 hours0.00012%
AUD/USD0.624 hours0.00015%
EUR/AUD1.824 hours0.00012%
EUR/NZD324 hours0.00012%
GBP/AUD1.924 hours0.00012%
GBP/NZD524 hours0.00012%
NZD/CHF424 hours0.00015%
NZD/JPY224 hours0.015%
EUR/SGD424 hours0.00012%
EUR/ZAR15024 hours0.00012.5%
GBP/SGD524 hours0.012%
GBP/ZAR20024 hours0.012.5%
USD/SGD324 hours0.012%
EUR/DKK1024 hours0.00015%
EUR/NOK2524 hours0.00012%
EUR/SEK3024 hours0.00012%
USD/DKK1524 hours0.00015%
USD/NOK2524 hours0.00012%
USD/SEK2524 hours0.00012%
EUR/CZK2524 hours0.015%
EUR/HUF2024 hours0.012%
EUR/MXN10024 hours0.00012.5%
EUR/PLN2524 hours0.00012%
GBP/CZK3024 hours0.015%
USD/CZK2524 hours0.015%
USD/MXN5024 hours0.00012.5%

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 hours (except 22.00-23.00)07.30-22.00$1003%
High-Grade Copper2024 hours (except 22.00-23.00)07.30-22.00$2.503%
Palladium1.224 hours (except 22.00-23.00)07.30-22.00$1005%
Platinum1.824 hours (except 22.00-23.00)07.30-22.00$503%
Silver224 hours (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 hours (except 22.00-23.00)07.30-22.00$10Exchange
Heating Oil2024 hours (except 22.00-23.00)07.30-22.00$4.20Exchange
London Gas Oil0.601.00-23.0007.30-22.00$100Exchange
Natural Gas324 hours (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 hours with gaps07.30-22.00£10
Wall Street daily4-724 hours with gaps07.30-22.00$10
US 500 daily0.3-1.024 hours with gaps07.30-22.00$100
France 40 daily3-608.00-16.3008.00-16.30€10
Germany 30 daily3-624 hours07.30-22.00€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.

Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading these products with this provider.
You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.