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: 52.55% 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.

Visit broker
52.55% of retail CFD accounts lose money

nextmarkets commission and other fees
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 eToro Trading 212
Stock and ETF Low Low Low
Forex Low Low High
CFD Low Low Low
Financing rate Average 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
US stock Commission-free stock trading for orders above €250
UK stock Not available
German stock Commission-free stock trading for orders above €250
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 eToro Trading 212
US stock $0.0 $0.0 $0.0
UK stock - $0.0 $0.0
German stock $0.0 $0.0 $0.0
Indian stock - - -

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
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, 0.5 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 eToro Trading 212
EURUSD benchmark fee $13.9 $15.6 $15.2
GBPUSD benchmark fee $7.6 $4.5 $23.5
AUDUSD benchmark fee $7.3 $9.6 $17.0
EURCHF benchmark fee $3.5 $12.5 $17.9
EURGBP benchmark fee $11.2 $16.4 $26.8

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
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 The fees are built into the spread
Vodafone CFD 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 eToro Trading 212
S&P 500 index CFD fee $2.3 $3.1 $1.5
Europe 50 index CFD fee $1.7 $3.2 $2.2
Apple CFD $1.4 $1.2 $0.2
Vodafone CFD - - $0.3

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 average. 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 eToro Trading 212
EURUSD financing rate 3.3% 3.5% 3.4%
GBPUSD financing rate 1.7% 0.2% 5.6%
S&P 500 CFD financing rate 5.4% 7.0% 2.5%
Europe 50 CFD financing rate 3.1% 4.0% 2.5%
Apple CFD financing rate 9.9% 10.3% 36.0%
Vodafone CFD financing rate - - 38.3%

nextmarkets commission and other fees
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 eToro Trading 212
Deposit fee $0 $0 $0
Withdrawal fee $0 $5 $0
Account fee No No No
Inactivity fee No Yes No

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 commission and other fees
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.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

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

Visit nextmarkets
52.55% of retail CFD accounts lose money

Share

Comments

×