Fees for Derivatives Services on the Swyftx Platform

The fees described on this page apply to your use of the Derivatives Services on the Swyftx Platform, subject to the Terms and Conditions.

Derivatives Services on the Swyftx Platform are currently only available to Wholesale customers. For more information, please contact our customer support team.

A fee charged by Eightcap for the execution of a Transaction of the Derivatives Product. Commission may be applied per contract, at the time of entering into the Transaction by you, charged as a percentage of the notional value of the Transaction.

0.30% of the Transaction value

Spread refers to the variance between the highest price a buyer is willing to pay for a cryptocurrency derivative and the lowest price a seller is willing to accept at any given time. The Spread is applied by Eightcap and is applied via the price that is displayed on the Platform for a particular Derivative Product.

The Spread is a dynamic value that fluctuates based on market conditions, including but not limited to, trading volume, volatility, and order book depth.

Refers to the interest added or deducted for holding a Derivative Product during a rollover period, which occurs at a defined time, every 24 hours.

An Overnight Rate is calculated using wholesale reference rates provided by Liquidity Providers. Eightcap may add a fee or mark-up to these wholesale reference rates.

Eightcap may also alter the level of the rate applied to each type of Derivative Product at any given time.

A fee charged for holding a Derivative Product position open for a period greater than twenty-one (21) days.

Eightcap reserves the right to determine and vary the value of the Long Hold Fee chargeable, at any time, without prior notice to you.