Please contact us via live chat or call us on: What does DFT mean? All spread bet instruments on the new platform have. DFT after them as opposed to. You will be able to fund your account from within the Trading platform. You will see four links:. Select the appropriate link to initiate payment. You can also fund your account by direct bank transfer. Please note that we are unable to accept payments from third parties, any such transfers will be rejected and returned to the original source.
Please note that we do not accept cash payments paid directly into our bank account. You will be able to withdraw funds your account from within the Trading platform. In order to transfer funds out of your account, please visit the 'Account' section of the trading platform. All other markets will be traded as CFDs. Spread Bet accounts will continue to trade in the base currency of your account per point movement of a market.
We encourage you to use the margin calculator built into the deal ticket to view the notional value of a trade. Tradefair Trader operates on a position-based FX basis meaning that positions are only settled when you take action to close or they are triggered by an order.
The settlement to base currency is done immediately and posted to a client's account. All clients who are on net-based FX in Tradefair will be moving to the industry standard position-based FX format. The current charge for this is 40 basis points for every back-to-base conversion. On the new platform, we offer tight fixed spreads on selected FX, Index and Commodity markets during the main trading hours of the day.
Outside of market hours most other markets, except equities, have capped variable or variable spreads. To view details on spreads please log into the platform, search for the market you are looking for, and open the ibox. For UK and most European equities the charge is 0. This information is available in the Market Information sheets for each market. You can access these via the Advantage trading platform; you can find the icon next to the name of the contract in the market search results.
This information is available in the iBox for each market. We will now use interest rate differentials for the two currencies traded to calculate overnight financing. We then apply the market rate premium or discount, together with our overnight charge, which will have a minimum or maximum amount.
In the Market Information box you can view the FX financing information where it will show details of the last financing event for that market. Overnight financing charges are the same as Tradefair today and may be applied to positions that have no set expiry.
Under normal circumstances, long positions will incur a small charge whilst short positions will be credited overnight financing. You are charged overnight financing on the total value of your positions, and competitive rates are applied across all of our markets to ensure financing costs are kept to a minimum.
Daily financing charges or credits are associated with any Daily Funded Trade which is open at our market close. This is calculated using the following formula: There may be instances when a Daily Financing Fee is charged to you on Short Positions, rather than paid to you. The daily financing fee will be applied to your account each day that you hold an open position including weekend days. The Financing Rates used are outlined in the table below.
Price Tolerance is the price level within which the Tradefair trading platform may execute your trade immediately even if at the time of execution the price has moved away from that specified by you. Those markets where Price Tolerance applies will have default tolerance levels set, but they may be altered by you on the trading platform.
If you don't want any slippage in execution price, you can manually set your Price Tolerance level to '0' for each market. This will mean that if a trade request is received and the price is different, the trade will be rejected and a new trade must be requested. If you want to change your Price Tolerance level, you can do so by amending the Tolerance levels set within the Market Information for each market affected by Price Tolerance. If however you want to remove Price Tolerance completely, you can do so by setting the Price Tolerance level to '0' for the relevant market.
This will mean that should our trade execution price move, you will need to submit a new trade request. Your Tradefair Advantage account by default is set to non-hedging. However, if you tick the hedging button, it will create a hedge trade, meaning you will have two open trades in the same market, in opposite directions.
Step Margin is the process by which the amount of initial margin charged per trade may increase depending on the size of your spread bet or CFD trade. As the size of your total position in a particular market increases, so may the amount of initial margin charged for any additional trades [within the same market]. These occur at specified Step Margin levels. To find out more about the Step Margin levels for a particular market, refer to the market information area within the trading platform.
You can also view our example below using the indicative step margin levels for a fictional example, Company ABC:. Tradefair Web is our new flagship platform which allows you to change and save layouts, colours, styles, font sizes, price updates, watchlists and inactivity timeout.
Tradefair Web is an intuitive platform and most features of the platform have inbuilt tips to help you get the most from your trading experience. Tradefair's deal ticket has an inbuilt margin calculator allowing you to see your potential margin requirement before you place a trade. The Customer Service Team is available 24 hours a day Monday to Friday to answer any queries you may have once your new account has been opened.
See the table below for a list of our major FX spread changes, you can view a full list of our FX prices within the platform. This data is updated regularly but please see our website and market information sheets for the latest information. Spreads may widen depending on market volatility. As it is variable, it can fluctuate during the trading day depending on liquidity and volatility. How do I log in?
After installing Tradefair PRO, click on the desktop icon. Enter your login name and password, then choose either demo or live from the system dropdown depending on your account type. Your login and password should have been sent to you in an email when you open an account. If you have problems or receive an error when logging in, start a live chat with us for help. Click here for more information.
If you have more than one Tradefair PRO account, you can switch between accounts at any time using the Account drop-down menu in the New Order window. If you switch between accounts while trading, make sure the right account is selected in the Account drop-down menu before you enter your trade.
Your accounts may use different settings for size or base currency or different account types position-based or net-based. All of these factors may have an effect on the outcome of your trade. Here is the link to the login screen for Tradefair WEB. This link will allow you to log in to your live or practice account: Enter your username and password, then choose either demo or live from the server field depending on your account type.
Tap the Login button. Your username and password should have been sent to you in an email when you open an account. You will see four links: All orders placed on the same deal ticket as a trade will be linked. Please see table below for details on our commission rates for CFD Equities: You can also view our example below using the indicative step margin levels for a fictional example, Company ABC: New account Open a demo account.More...