nextmarkets commission and other fees

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Overview of nextmarkets fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

As nextmarkets focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.

Disclaimer: 43.26% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Now, let's dive into the details and see what commissions, spreads, and financing rates nextmarkets charges.

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43.26% of retail CFD accounts lose money

nextmarkets

4.2/5

Minimum deposit

Stock fee

Low

Index CFD fee

Low

Withdrawal fee

Account opening

1 day

Visit nextmarkets

43.26% of retail CFD accounts lose money

nextmarkets commission and other trading fees

The good news is that nextmarkets has low trading fees in general. We ranked the fees of nextmarkets as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether nextmarkets commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of nextmarkets trading fees
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
Stock and ETF	Low	Low	Low
Forex	Low	Low	High
CFD	Low	Average	Low
Financing rate	Low	Average	High

Now let's go over the trading fees for each asset class one by one.

nextmarkets stock and ETF commissions, spreads

nextmarkets stock and ETF commissions are low. nextmarkets stock and ETF commissions are charged as per the table below.

nextmarkets stock and ETF commission
	nextmarkets nextmarkets
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	0.05% per trade, min. €2, max. €29
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	Not available
German stock Estimated commission of a $2,000 trade	0.025% of trade value with a minimum of €4.99
Indian stock	Not available

You can compare nextmarkets stock and ETF fees with the two closest competitors.

nextmarkets stock and ETF commission, spreads vs competitors
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$2.2 0.05% per trade, min. €2, max. €29	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks	$0.0 Commission-free
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	- Not available	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks	$0.0 Commission-free
German stock Estimated commission of a $2,000 trade	$5.4 0.025% of trade value with a minimum of €4.99	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks	$0.0 Commission-free
Indian stock	- Not available	- Not available	- Not available

Stock and ETF commissions are calculated for a $2,000 trade

nextmarkets forex commissions and spreads

nextmarkets forex fees are low. nextmarkets forex commissions and spreads for individual currency pairs are charged as per the table below.

nextmarkets forex commissions and spreads
	nextmarkets nextmarkets
EURUSD fee description	The fees are built into the spread, 0.6 pips is the average spread cost during peak trading hours.
GBPUSD fee description	The fees are built into the spread, 0.6 pips is the average spread cost during peak trading hours.

Check out how nextmarkets forex fees compare to its two closest competitors.

nextmarkets forex fees vs competitors
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
EURUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$8.6	$11.4	$28.3
GBPUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$9.6	$7.9	$23.4
AUDUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$11.1	$12.1	$16.4
EURCHF benchmark fee	$0.0	$6.0	$18.1
EURGBP benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$3.8	$15.2	$27.2

Forex fees are calculated for a $20,000 trade using 30:1 leverage

nextmarkets CFD commissions and spreads

nextmarkets CFD fees are low. nextmarkets CFD commissions and spreads for different assets are charged as per the table below.

nextmarkets CFD commissions and spreads
	nextmarkets nextmarkets
S&P 500 CFD fee	The fees are built into the spread, 0.5 points is the average spread cost during peak trading hours.
Europe 50 CFD fee	The fees are built into the spread, 1 point is the average spread cost during peak trading hours.
Apple CFD Commission for a $2,000 stock CFD trade	The fees are built into the spread
Vodafone CFD Commission for a $2,000 stock CFD trade	Only EUR-denominated asset is available

Below you can see how nextmarkets CFD fees compare with those of eToro and Trading 212.

nextmarkets CFD fees vs competitors
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$3.3	$3.7	$1.4
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$3.1	$4.4	$2.0
Apple CFD Commission for a $2,000 stock CFD trade	$1.1 The fees are built into the spread	$2.0 0.15% spread per side	$0.2 The fees are built into the spread, 0.03 is the average spread cost during peak trading hours.
Vodafone CFD Commission for a $2,000 stock CFD trade	- Only EUR-denominated asset is available	- Vodafone CFD is available only through NASDAQ and not LSE	$0.4 The fees are built into the spread, 0.03 is the average spread cost.

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

nextmarkets financing rates

nextmarkets financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how nextmarkets financing rates compare with those of eToro and Trading 212.

nextmarkets financing rates vs competitors
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
EURUSD financing rate Yearly financing rate	2.0% Calculated as yearly percentage	2.5% Calculated as daily swap costs in USD	6.9% Calculated as swap points
GBPUSD financing rate	2.3% Calculated as yearly percentage	1.2% Calculated as daily swap costs in USD	5.6% Calculated as swap points
S&P 500 CFD financing rate	8.0% Calculated as yearly percentage	8.7% Calculated as daily swap costs in USD	2.5% Calculated as daily overnight cost (in USD)
Euro Stoxx 50 CFD financing rate	7.0% Calculated as yearly percentage	7.9% Calculated as daily swap costs in USD	2.5% Calculated as daily overnight cost (in EUR)
Apple CFD financing rate Yearly financing rate	12.4% Calculated as yearly percentage	11.9% 1-month USD LIBOR and mark-up	37.3% Calculated as daily overnight cost (in USD)
Vodafone CFD financing rate Yearly financing rate	- Vodafone CFD is not available	- Vodafone CFD is not available	36.4% Calculated as daily overnight cost (in GBP)

nextmarkets non-trading fees

In addition to trading fees, it's important to see if nextmarkets charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by nextmarkets with its two closest competitors.

nextmarkets non-trading fees vs competitors
	nextmarkets nextmarkets	eToro eToro	Trading 212 Trading 212
Deposit fee	$0 No deposit fee	$0 Free deposit	$0 Most options are free of charge, but 0.7% fee charged if you deposit more than €2,000 in total on your Invest using Credit/Debit cards or electronic wallets
Withdrawal fee Fee for withdrawing money from the broker account. It is zero if you can withdraw money for free via any method, e.g. credit/debit card or bank transfer.	$5 €5 per withdrawal	$5 $5 withdrawal fee - eToro Money users can avoid this fee.	$0 Free withdrawal
Account fee Monthly account fee	No No account fee.	No No account fee	No No account fee
Inactivity fee Fee applied if a customer does not trade for a certain length of time	Yes €5 monthly when there was no transaction within the last 6 month.	Yes $10 per month after one year inactivity. eToro defines inactivity as not logging into your account.	No No inactivity fee

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by nextmarkets and its closest competitors. To learn more about nextmarkets, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.