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What commission is charged on ASX share CFDs?

Key takeaways

  • Pepperstone share CFD commission per side: ASX 0.07%, US $0.02 per share, UK and Germany 0.10%, Hong Kong 0.15%–0.20%.
  • AUD 10,000 ASX share CFD: AUD 14 commission round trip.
  • Funding on that long at an assumed 3.6% reference rate: about AUD 1.69 a night.
  • Share CFDs pay or debit a cash adjustment for dividends; you do not get franking credits.
  • Retail leverage 5:1: AUD 10,000 needs AUD 2,000 margin.

What does a share CFD trade cost at Pepperstone?

Commission rates are from Pepperstone's Australian cost page; prices are assumptions. Spread is extra, and so is overnight funding if you hold.

Pepperstone share CFD commission, round trip (assumed prices)
TradeValueRate per sideRound trip
ASX share CFD (e.g. BHP)AUD 10,0000.07%AUD 14.00
50 Nvidia at $180USD 9,000$0.02 per shareUSD 2.00
UK share CFDGBP 5,0000.10%GBP 10.00

how brokers handle corporate actions for stock cfds

Brokers adjust positions so their value is unchanged by splits, consolidations and similar events, and make cash adjustments for dividends. Rights issues and takeovers can be handled case by case; check the provider's corporate-actions policy in its PDS.

Best broker for share CFDs in Australia

Pepperstone for low ASX commission (0.07%) and US shares at $0.02 a share; Capital.com for commission-free share CFDs with a guaranteed stop-loss option.

Can I trade ASX share CFDs?

Yes, Pepperstone lists Australian share CFDs, including large caps such as BHP, CBA and CSL, at 0.07% per side.

How do I trade US share CFDs from Australia?

Open a CFD account, choose the US stock, and size from your stop. Pepperstone charges $0.02 per share per side and offers 24-hour trading on major US shares, so you can react to earnings in Australian daytime.

What leverage can I use on share CFDs in Australia?

5:1 for retail clients (20% margin); up to 20:1 for Pepperstone Pro clients.

Can I short sell ASX shares as CFDs?

Yes, CFDs let you short without borrowing shares. Shorts at Pepperstone receive the reference rate minus 2.5% a year in funding, which can be a charge when rates are low, and a short squeeze can cost far more than planned.

Do you get dividends on share CFDs?

You get a cash adjustment equal to the dividend on a long held past the ex-date, and a debit on a short. You do not receive franking credits, because you do not own the shares.

Which Australian broker offers ETF CFDs?

Pepperstone offers ETF CFDs, with US ETFs at $0.02 per share per side; Capital.com lists 1,300+ ETF markets. For long-term holding, buying the ETF itself avoids nightly funding.

How many share CFDs does an Australian broker offer?

Capital.com lists around 4,500 share markets by its own count. Pepperstone covers US, ASX, UK, European and Hong Kong shares; search your stocks in the demo.

Risk warning and disclosure

Shares gap on results and announcements; leveraged positions can lose a large part of their margin overnight.

This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Read each provider's Product Disclosure Statement (PDS) and Target Market Determination (TMD). Spread figures are minimums or averages the providers publish and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.

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