ICC Intercertus Capital Limited, trading as Axiance (formerly EverFX), is not permitted to provide regulated financial services to residents of the United Kingdom.

Spreads & Swaps

Swaps

A swap, also known as “overnight rollover”, is the interest charged or earned for positions that are held overnight, depending on the interest rate of the currencies held or the interest rate of the currency any asset is denominated.

Each asset has different swap rate, and it is charged in points per lot. Axiance, does not close and re-open positions as there is no physical delivery in CFD trading but performs the rollover process automatically every night at 00:00 (GMT + 2) by simply debiting or crediting trading accounts for positions held overnight.

Check the examples below to see how Axiance calculates its rates:

Rollover Fee (in quote currency) per day = Number of Lots * Contract Size * Long or Short Points (for the given day) * Point Size
The above formula is applied on Forex pairs, Metals, Energies and Cryptos
EXAMPLES
1 lot SHORT on EURUSD with account currency in USD:
1 * 100,000 * 0.39 * 0.00001 = $0.39
1 lot LONG on XAUUSD with account currency in USD:
1 * 100 * -4.976 * 0.01 = $ -4.98
1 lot LONG on USOILCash with account currency in USD:
1 * 1000 * -4.52 * 0.001 = $ -4.52
1 lot LONG on BTCUSD with account currency in USD:
1 * 1* -1593.45 * 0.01 = $ -15.93

Note: The swaps are applied at 00:00 GMT+3 time when a position is rolled over.

Triple Swap takes place on Wednesdays for FX, Metals, Shares and Cryptos.

Triple Swap takes place on Fridays for Indices, Energies and Futures.

Triple swap occurs to take account the weekend when market is closed.

Rollover Fee (in quote currency) per day = Lots * Contract Size * Closing Price (at the end of the given day) * Interest /100 /360
The above formula is applied on Shares and Futures
EXAMPLES
1 Lot LONG on TESLA:
1 * 100 * 700.38 * -30 /100 / 360 = $ -58.37
1 Lot LONG on COCCOA:
1 * 10 * 2400 * -4.522 / 100 / 360 = $ -3.01

Note: The swaps are applied at 00:00 GMT+3 time when a position is rolled over.

Triple Swap takes place on Wednesdays for FX, Metals, Shares and Cryptos.

Triple Swap takes place on Fridays for Indices, Energies and Futures.

Triple swap occurs to take account the weekend when market is closed.

Rollover Fee (in margin currency) per day = Lots * Long or Short charge in Margin Currency (for the given day)
The above formula is applied on Indices
EXAMPLES
1 LOT on DAX 30:
1 * -1.5125 = €-1.51

Note: The swaps are applied at 00:00 GMT+3 time when a position is rolled over.

Triple Swap takes place on Wednesdays for FX, Metals, Shares and Cryptos.

Triple Swap takes place on Fridays for Indices, Energies and Futures.

Triple swap occurs to take account the weekend when market is closed.

Spreads

Trade with Axiance and benefit from competitive spreads.

For every trade you make, you’re given a “bid” and an “ask” price. The “bid” is the price at which you sell a security and the “ask” at which you buy it. Spread is simply the difference between these two prices.

Third parties like liquidity providers or banks bear the risk of loss when facilitating your trade, which is why they keep a part of each trade also known as spread.

Our spreads are calculated in “points”. For example, if the bid price for a stock is 2100 and the ask price is 2101, then the bid-ask spread for the stock in question will be referred to as 1 point.

As a generally accepted rule, you can minimise points by trading only during favourable hours, when many buyers and sellers are in the market. The more buyers and sellers trade for a given asset the more market makers narrow their spreads.

The tables below show our minimum spreads.

*The spreads in the table have been taken from a VIP account. For live spread information, please refer to your trading terminal.

Currencies Min Spread in Points
AUDCAD 4
AUDCHF 4
AUDJPY 4
AUDNZD 4
AUDUSD 1
CADCHF 4
CADJPY 4
CHFJPY 4
EURAUD 5
EURCAD 4
EURCHF 1
EURGBP 1
EURHUF 150
EURJPY 1
EURMXN 250
EURNOK 12
EURNZD 4
EURPLN 200
EURSEK 12
EURTRY 1000
EURUSD 1
EURZAR 900
GBPAUD 1
GBPCAD 2
GBPCHF 1
GBPJPY 1
GBPNZD 2
GBPUSD 1
GBPZAR 1300
HKDJPY 10
NOKSEK 40
NZDCAD 4
NZDCHF 4
NZDJPY 4
NZDUSD 1
USDCAD 1
USDCHF 1
USDCNH 10
USDCZK 45
USDDKK 310
USDHKD 4
USDHUF 130
USDJPY 1
USDMXN 150
USDNOK 170
USDPLN 100
USDRUB 16000
USDSEK 150
USDSGD 120
USDTRY 850
USDZAR 400
Energy Min Spread in Points
BRENTCash 35
USOILCash 20
Metals Min Spread in Points
XAGEUR 20
XAGUSD 10
XAUEUR 34
XAUUSD 15
XPDUSD 2600
XPTUSD 550
Indices Min Spread in Points
AUD200 150
DE30 70
ESP35 400
F40 80
HK40 500
IT40 50
JP225 700
N25 20
STOXX50 100
SWI20 400
UK100 80
US30 100
US500 40
USTEC 50
Stocks Min Spread in Points
AA.US 20
AAL.UK 200
AAL.US 32
AAPL.US 150
ABT.US 23
ACA.FRA 32
ADBE.US 32
ADEN.SWI 20
ADSd.GER 32
AFXG.GER 20
AIR.FRA 30
ALB.US 20
ALV.GER 32
AMD.US 20
AMGN.US 32
AMZN.US 44
ATVI.US 32
AURORA.US 19
AVGO.US 32
AXP.US 36
AZN.US 30
B4B.GER 32
BA.US 90
BABA.US 72
BAC.US 24
BASFn.GER 26
BATS.UK 200
BAX.US 32
BAYNd.GER 26
BCS.US 24
BE.US 32
Beig.GER 20
BHPB.UK 200
BIDU.US 32
BIIB.US 20
BK.US 32
BMEAT.US 32
BMWd.GER 20
BMY.US 32
BN.FRA 32
BNP.FRA 32
BOSS.GER 20
BP.US 19
BRKb.US 22
C.US 24
CABKe.ESP 20
CANO.US 18
CARR.FRA 18
CAT.US 32
CBK.GER 32
CCI.US 32
CCL.UK 200
CDI.FRA 32
CL.US 32
COST.US 32
CRM.US 32
CRO.US 19
CSCO.US 32
CSGN.SWI 20
CVX.US 20
DAId.GER 44
DAL.US 32
DB1Gn.GER 20
DBKd.GER 34
DGE.UK 200
DIS.US 30
DISCK.US 32
DPWd.GER 24
DVMT.US 20
EBAY.US 24
EON.GER 20
EVR.UK 200
EVTG.GER 280
EZJ.UK 200
F.US 19
FB.US 34
FCAm.ITA 20
FDX.US 32
FNV.US 32
FTNT.US 20
GE.US 32
GFI.US 32
GILD.US 23
GM.US 20
GOLD.US 32
GOOGL.US 126
GPRO.US 14
GS.US 36
GSK.UK 400
HD.US 32
HLT.US 32
HMC.US 20
HNKG.GER 20
HPE.US 19
HPQ.US 18
HSBA.UK 200
IAG.UK 200
IBM.US 32
IHG.UK 200
iMSCIEM.US 20
iMSCISA.US 18
INTC.US 24
ISRG.US 20
ITXe.ESP 20
JD.US 34
JNJ.US 20
JPM.US 34
KHC.US 32
KL.US 32
KNIN.SWI 20
KO.US 14
LHAd.GER 20
LLY.US 32
LMT.US 32
LOGN.SWI 20
LVS.US 32
MA.US 18
MANUTD.US 18
MAR.US 32
MCD.US 28
MDLZ.US 32
MET.US 32
MMM.US 32
MNST.US 32
MRK.US 32
MRNA.US 76
MS.US 20
MSFT.US 50
MU.US 32
MUV2d.GER 20
NESTLE.SWI 20
NFLX.US 70
NIO.US 34
NKE.US 20
NKLA.US 32
NVDA.US 92
NVS.US 32
NYT.US 21
OR.FRA 32
ORCL.US 32
PEP.US 24
PFE.US 32
PG.US 24
PM.US 32
PORSCHE.GER 20
PUMA.GER 20
PYPL.US 20
QCOM.US 32
RACE.US 24
RDSA.UK 200
REPe.ESP 20
RGLD.US 32
RIO.UK 200
RNO.FRA 32
ROG.SWI 20
RR.UK 200
RRTL.GER 20
RTN.US 32
SANe.ESP 20
SAP.US 16
SASY.FRA 320
SBUX.US 32
SHOPIFY.US 282
SIE.GER 32
SNE.US 20
SOGN.FRA 18
SPOT.US 32
SQ.US 32
STZ.US 32
TDOC.US 23
TEFe.ESP 20
TEGG.GER 20
TENCENT.HKD 20
TGT.US 32
TITm.ITA 20
TM.US 20
TMUS.US 32
TRIP.US 32
TSLA.US 420
TUIGn.GER 20
TWTR.US 34
UA.US 32
UBER.US 16
UBSG.SWI 20
UHR.SWI 20
ULVR.UK 200
UNH.US 32
UPS.US 32
V.US 32
VMW.US 32
VODFN.US 34
VOW3d.GER 45
VZ.US 32
W.US 20
WFC.US 16
WMT.US 18
WPM.US 32
XIAOMI.HKD 20
XOM.US 19
XPEV.US 32
YNDX.US 19
ZALG.GER 20
ZM.US 20
Crypto Min Spread in Points
BCHUSD 150
BTCEUR 15000
BTCUSD 15000
DASHUSD 100
EDOUSD 100
ETHEUR 2000
ETHUSD 1500
ETPUSD 100
IOTAUSD 100
LTCEUR 100
LTCUSD 100
NEOUSD 150
OMGUSD 1500
SANUSD 850
XMRUSD 100
XRPUSD 1000
ZECUSD 100
Futures Min Spread in Points
COCOA 650
COFFEE 30
COPPER 210
CORN 80
COTTON 16
NGAS 100
SOYBEAN 150
SUGAR 6
USIDX 7
WHEAT 380