Are Apple CFD fees low at XTB as of December 2024?
Good news! Apple CFD fees are low at XTB, compared to all the brokers we have reviewed.
- CFD fees cover three components: the spread, commissions, and the financing rates charged by the broker.
- Among these, what you will pay in spread and commission is determined by the frequency of your trades, whereas your costs from the financing rate depend on the duration of your position. In other words, the longer you keep your position open, the more you will have to pay in financing charges.
- Brokers usually offer two types of fee structures: one with low or no commission but a wider spread, and the other with a commission but a narrower spread.
- It is worth noting that when you open a CFD position, you will initially experience a loss due to the spread.
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76% of retail CFD accounts lose money
If you want to see what other CFD brokers might work for you, see our current top recommendations for the best CFD brokers!
What are CFD fees?
CFD stands for "contract for difference" and it is a type of financial product that can provide traders with the opportunity to speculate on the price movements of a wide range of underlying assets, including stocks, commodities, currencies, and stock indexes.
CFDs are often traded with leverage, which means that traders can control a larger position than what they would be able to with their available capital. However, it's important to note that trading with leverage carries risks and not only can boost your profits but also can magnify potential losses.
Additionally, CFDs allow traders to take short positions, meaning they can potentially profit from a decrease in the price of the underlying asset.
If you're curious to know more about CFDs, check out our main article on what exactly CFDs are and how they work!
How are CFD fees calculated?
When it comes to trading CFDs, there are a few main fees you'll need to keep in mind:
- Spread: The spread is the difference between the buying and selling price of a CFD and represents the fee that the broker charges for executing the trade. Spreads can vary based on both the broker and the specific type of CFD being traded.
- Financing rate (also called an overnight rate or swap fee): CFDs are often leveraged products, which means that holding a position overnight could result in you being charged an overnight financing rate (sometimes called a swap fee). This fee is closely tied to the market and can be affected by factors like interest rates. Additionally, the financing rate is charged on a daily basis, so holding a position for an extended period can significantly increase your costs.
- Commission: Some brokers may charge a commission for trading CFDs in addition to the spread. The commission can be either a fixed fee or a percentage of the trade size. Typically, brokers with narrower spreads may charge higher commission fees, while brokers with wider spreads may charge lower commission fees or no commission at all.
Now, let's move on and see the specific costs of trading an Apple CFD at XTB!
How much are Apple CFD fees at XTB?
Apple CFDs enable you to speculate on the price movements of Apple shares without actually owning any of the underlying stocks. When you trade Apple CFDs, you're essentially entering into a contract with your broker based on the current market value of Apple. By buying and selling an Apple CFD, you have the potential to profit (or suffer a loss) based on changes in the company's share price.
💰 Apple CFD benchmark fee | $8.1 | |
📈 Apple CFD spread | 0.6 | Usual spread in trading time |
💸 Apple CFD financing rate | 9.2% | Calculated as yearly percentage |
Data updated on December 12, 2024
In addition to trading fees, brokers may also have non-trading fees that can increase your overall costs. These fees are not directly related to trading and can include account maintenance fees, deposit and withdrawal fees, and inactivity fees. You should be aware of these fees and factor them into your trading costs when evaluating different brokers.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
If you plan to invest for the long term, or hold a trading position for a longer period of time, CFDs might not be the best for you and you might be better off trading the underlying asset itself rather than a CFD. If you are interested in buying Apple stocks directly, we suggest taking a look at our overview on how to buy Apple shares.
Additionally, you can also check out our list of the best stock brokers for brokerages that offer the option to buy Apple shares.
Looking for a CFD broker?
If you are looking for the brokers that offer the best CFD trading conditions, check our top recommendations of the best CFD brokers in the world.
Our expert team here at BrokerChooser specializes in helping you find a broker that best suits your needs. We have reviewed over 100 brokers based on BrokerChooser's unique methodology.
If you have any feedback or questions, feel free to contact us via email!
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- How to buy natural gas at XTB?
- XTB CFD trading conditions explained
- XTB S&P 500 CFD spreads explained
- S&P 500 CFD fees at XTB explained
- Euro Stoxx 50 CFD fees at XTB explained
- CFD fees at XTB explained
- CFD financing rates at XTB
- CFD risk warning at XTB explained
- Stop loss orders & risk management at XTB for CFDs
- Long position for CFDs at XTB explained
- Maximum leverage for CFDs at XTB explained
- Apple stock CFDs for $1,000 at XTB
- Short position for CFDs at XTB explained
- Apple CFD leverage at XTB explained
- Can you short at XTB?
- Is CFD trading tax-free at XTB?
- XTB stock CFD trading conditions explained
- Negative balance protection for CFDs at XTB
- XTB crypto CFD trading conditions explained
- XTB commodity CFD trading conditions explained
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.