Fees & Legal Documents

Forex and CFD trading accounts are leveraged, meaning you can open a position with a small deposit (margin) instead of paying the full value of your position upfront. As a result, you can get greater market exposure, which magnifies profits and losses.

Applicable fees and costs may differ depending on your investment choices, including how long you hold your position open.
Each fee or cost is explained below:

To calculate the total spread cost, you can simply multiply the monetary value of the position per point by the spread. It’s important to note that CFD position sizes are based on contracts or lots, which means the calculation involves an extra step.

Spread: The spread is expressed in ‘points’ and is the difference between the bid and ask price. It varies depending on the market conditions, time of day, and instrument you wish to trade. Large trades may be subject to wider spreads. In most cases, we add our spread on top of the underlying market spread as our charge for the trade. Our spread charges apply to trades for all markets except CFD share trading, where a commission is charged instead of adding our spread to the market spread.

Please note: spreads aren’t charged as a separate fee and won’t be shown in your trade history, but rather included in your purchase or selling price. Immediately after opening your trade, you’ll notice that your position will start at a loss equal to the spread at the time you placed your trade.
Usually spreads will be tighter during market hours and wider during off-market hours. Before placing a trade, you can view the spread on the trading platform.

Example: Say you wish to purchase 1 contract of the FTSE 100 (1 contract is valued at £10 per point), and the full spread between the bid and ask price is 1 point.*
The spread cost of this trade would be 1 contract x £10 per point (value of the contract) x 1 point spread = £10
Overnight funding
Forex and CFD trading uses a leveraged, derivative product. This means capital will need to be lent and managed when holding these positions – which leads to overnight funding. Overnight funding is a daily interest fee applicable when daily funded positions are held through 10pm (UK time).


Deposits and withdrawals fees OGM does not charge for deposits or withdrawals if funded using a Credit or debit card.
If withdrawing using wire transfer OGM charges 15 pounds per wire.
Please be aware your bank may charge you upon transactions, especially if an international transfer is required. It’s advised to check with your provider before making any deposits or withdrawals.