Buy or Sell? Your First Few Minutes at Admirals
DAX30 CFD trade (1:20 leverage) | Traditional trade | |
Your deposit | EUR 500 | EUR 10,000 |
DAX opens at 10,000 and rises to 10,050 | You make EUR 50, or 10% | You make EUR 50, or 0.5% |
DAX opens at 10,000 and drops to 9,050 | You lose EUR 50, or 10% | You lose EUR 50, or 0.5% |
What is the Cost of Trading?
There are three main costs of trading - spreads, swaps and commissions.
- Spreads: The spread is the difference between the buy and sell price of a financial instrument. Learn more about spreads in our beginner's guide.
- Swaps: If you keep trades open overnight, an interest fee ('adjustment') gets charged at 23:59 in the platform's time zone.
- Commissions: Some instruments are also charged a commission for opening and closing trades, such as Share and ETF CFDs.
When trading, any costs will eat into your profits, which is why it's best to choose a broker that offers competitive spreads, swaps and commissions. Smaller costs means you could make a higher profit!
Want more? Then take a look at our ultimate beginner's guide to Forex trading.
INFORMATION ABOUT ANALYTICAL MATERIALS:
The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admiral Markets investment firms operating under the Admiral Markets and Admirals trademarks (hereinafter “Admirals”). Before making any investment decisions please pay close attention to the following:
1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.
3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.
4. The Analysis is prepared by an independent analyst (hereinafter “Author”) based on the personal estimations of Alexandros Theophanopoulos (SEO and Content Specialist).
5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.
6. Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.
7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved.