A spread is the difference between the bid (buy) price and the ask (sell) price for a specific trade. It is, therefore, your cost of opening and closing a specific position..

PIP stands for Percentage in Point and it is a standardized unit and is the smallest amount by which a currency quote can change. It is usually $0.0001 for U.S.-dollar related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point.

Leverage involves borrowing a certain amount of the money needed to invest in something. If you wish to trade with a larger amount than that which you own, you set your leverage accordingly. It is important to remember that the higher the leverage the higher your losses or profits will be. When using leverage, it is therefore important to understand that you are essentially increasing your risk.

For each position held overnight (ie, at or after 21:00 GMT), a rollover or swap fee is due. Rollover or swap fees vary based on the underlying asset. View our Full CFD Asset List & Charges here.

A withdrawal fee is the fee you incur when placing a withdrawal. Please note that BDSwiss does not charge any withdrawal fees but you may be charged bank transfer fees.