Dear Users,

When trading CFDs on BingX, understanding fee structures is key to managing your trading costs effectively.This article explains the main types of CFD fees, how they're calculated, and related rules to help you make more informed trading decisions.

1) Main Cost Components of CFDs

Trading costs for BingX CFDs mainly consist of the following two parts:

• Spread cost: The difference between the ask price and the bid price, charged each time you open or close a position
• Swap fee (Swap/Rollover): Financing interest charged for holding a position overnight, settled daily at 00:00 server time

The spread is one of the main costs when you trade.Each time you open or close a position, the difference between the filled price and the mid price is half of the spread cost.

Spread = best ask price (Ask 1) − best bid price (Bid 1)

BingX offers two trading modes with different spread structures:

• Zero fee mode: Standard spread (includes trading costs), no commission charged
• Ultra-low spread mode: Tighter spread (a smaller bid-ask spread), commission charged per lot

2) Trading Commission (Ultra-Low Spread Mode Only)

If you trade using ultra-low spread mode, commission is charged based on the following standards (refer to the actual figures shown on the platform):

Commission formula:

Commission = Number of contracts (lots) x Commission per lot

Example:

User A trades 0.5 lots of XAUUSD (metals) in ultra-low spread mode. The commission is calculated as follows:

Commission = 0.5 x 6 USDx/lot = 3 USDx

Important note: 

When you open a position, the system only checks whether your account balance covers the required margin. The commission is deducted directly from your balance.Make sure you have enough funds to cover both the margin and the commission to avoid forced liquidation due to insufficient balance.

3) Definition and Calculation Logic of Swap Fees (Swap/Rollover)

1. What is a swap fee?

A swap fee refers to the fee the platform charges or pays you, based on differences in market interest rates, when your position rolls over from 23:59:59 to 00:00:00 server time (GMT+3 during daylight saving time / GMT+2 during standard time) and remains open.

Core logic: CFDs are leveraged trading products. Holding a position overnight is equivalent to borrowing funds from a liquidity provider, so you need to pay (or receive) the corresponding financing interest.

2. Swap fee accounting mechanism

• While a position is open: The swap fee is included in your account equity as a floating amount
• Daily settlement: After each GMT+3 calendar day cutoff, if a swap fee is deducted or paid, the system adds an entry to "Fund Flow"
• Position close summary: When you close a position, the "cumulative swap fee" is shown in Position History

3. Swap fee calculation method

BingX CFDs use different calculation methods depending on the instrument type:

Method 1: Calculated by Amount (Stock Indices)

The backend directly sets a fixed daily swap amount per lot (in USDx), which doesn't depend on the settlement price or a points-based conversion.

Swap fee = Lots x Swap amount (USDx) x Number of days

Example: DJ30 stock index

A user holds a 2-lot long position in DJ30 for 2 days.

• Long swap amount: -10.3341 USDx/lot/day
• Calculation: 2 x (-10.3341) x 2 = -41.33 USDx

Method 2: Calculated by Points (Forex, Metals, Commodities)

This model does not rely directly on the daily settlement price. Instead, it is based on the point value.

Swap fee = lots x swap fee rate (points) x point value x number of days

Of which,

Point value = contract unit x minimum price change unit

Example: EURUSD Forex

A user holds a 1-lot EURUSD buy (Long) position for 1 day.

• Contract unit: 100,000
• Minimum price change unit: 0.00001
• Point value: 100,000 x 0.00001 = 1
• Buy swap fee rate: -5.2 points
• Calculation: 1 x (-5.2) x 1 x 1 = -5.20 USDx

Example: XAUUSD Metals

A user holds a 0.5-lot XAUUSD buy (Long) position for 1 day.

• Contract unit: 100 (ounces)
• Minimum price change unit: 0.01
• Point value: 100 x 0.01 = 1
• Buy swap fee rate: -38.5 points
• Calculation: 0.5 x (-38.5) x 1 x 1 = -19.25 USDx

4) Buy/Sell Swap Fee Direction Explained

Whether the swap fee is positive or negative depends on your position direction and the interest rate difference of the underlying asset:

• Buy (Long): Charged when the rate is negative, credited when the rate is positive
• Sell (Short): Charged when the rate is negative, credited when the rate is positive

1. Key Points

• Buy and sell swap fee rates are usually different, and may even be in opposite directions
• In most cases, the buy swap fee is negative (you pay), and the sell swap fee may also be negative
• Under certain market conditions, the swap fee for one direction may be positive (you receive interest)
• Swap fee rates are adjusted dynamically by liquidity providers based on market interest rates and are not fixed values

2. How to View Swap Fee Rates

In the Market Watch window of the MT5 client, right-click the contract and select "Specification," then scroll down to view the real-time rates for "Long Swap" and "Short Swap."

3. Fee Deduction Mechanism

Once charged, the swap fee is immediately reflected in your account equity as a floating amount.The accumulated swap fee is only reflected in your account balance after the position is closed.

5) Triple Swap Fee Rule

1. What Is the Triple Swap Fee?

Financial markets (forex, metals, stock indices, commodities, etc.) usually do not operate on weekends, but weekend interest still needs to be accounted for.To compensate for the position interest on Saturday and Sunday, the platform charges 3 days' worth of swap fees on one day of the week.

2. Charging Rules

• Forex: Wednesday (due to the T+2 settlement rule, weekend interest is settled early on Wednesday)
• Metals: Wednesday
• Commodities: usually Wednesday (subject to the MT5 contract specifications)
• Stock indices: Wednesday or Friday (some stock index CFDs are charged on Friday, subject to the MT5 contract specifications)

How it works: If you hold a position before 23:59 server time on the triple swap fee charge day and the position remains open, 3 days' worth of swap fees (instead of the usual 1 day) will be charged during that night's settlement.

3. Calculation Examples

Forex Trading: EURUSD

Suppose you hold a 1-lot EURUSD buy (Long) position with a daily swap fee rate of -5.2 points.

• Regular daily swap fee: 1 x (-5.2) x 1 x 1 = -5.20 USDx
• Wednesday swap fee: -5.20 x 3 = -15.60 USDx

Metals Trading: XAUUSD

Suppose you hold a 1-lot XAUUSD sell (Short) position with a daily swap fee rate of +2.1 points.

• Regular daily swap fee: 1 x 2.1 x 1 x 1 = +2.10 USDx
• Wednesday swap fee: +2.10 x 3 = +6.30 USDx

* Triple swap fees can significantly increase your position cost.We recommend reviewing your positions before the charge date and planning your trades accordingly.

6) Dividend adjustments when holding stock index CFDs

1. What is a dividend adjustment?

A stock index is made up of multiple component stocks.When a component company pays a dividend, the index price is affected.The platform applies dividend adjustments to the accounts of traders holding positions, to keep trading fair.

2. Dividend adjustment rules

• Buy (Long): Receive the dividend adjustment amount (equivalent to holding the underlying asset and earning dividend income)
• Sell (Short): Have the dividend adjustment amount deducted (equivalent to lending out the underlying asset and paying a dividend fee)

3. Calculation method

Dividend adjustment amount = dividend points x lots x contract unit

4. Calculation example

Assume a component stock in the SP500 index goes ex-dividend, with a dividend adjustment of 1.5 points.

Buy 2 lots of SP500 (dividend adjustment of 1.5 points):

1.5 x 2 x 1 = +3.00 USDx (credited to your account)

Sell 2 lots of SP500:

1.5 x 2 x 1 = -3.00 USDx (deducted from your account)

Please Note:

• For the actual contract unit of each asset, refer to the MT5 contract specifications.
• Dividend adjustments apply only to stock index CFDs.
• The date and amount of a dividend adjustment depend on the actual dividend payment schedule of the index's component stocks.
• Dividend adjustments are executed at 00:00 server time on the ex-dividend date.
• The adjustment amount is reflected directly in your account equity.

7) Swap fee rate reference table by instrument

The following is a reference for the swap fee rate structure of each instrument type.Actual rates are based on the real-time data in the contract specifications on the MT5 client.

• Forex: Calculated in points. Unit: points (Points). Triple swap fee day: Wednesday.
• Metals: Calculated in points. Unit: points (Points). Triple swap fee day: Wednesday.
• Stock indices: Calculated as an amount. Unit: USDx. Triple swap fee day: Wednesday or Friday.
• Commodities: Calculated in points. Unit: points (Points). Triple swap fee day: Wednesday.

How to check the latest rates:

• Open the MT5 client
• Find the target contract in the "Market Watch" window
• Right-click → select "Specification"
• Check the "Swap Long" and "Swap Short" fields

8) Fee summary and cost management tips

1. Full fee structure overview

• Spread cost: Zero fee mode offers a standard spread, and ultra-low spread mode offers a tighter spread. Charged on every trade.
• Commission: Not charged in zero fee mode. In ultra-low spread mode, commission is charged per lot on every trade.
• Swap fee: Charged in both modes based on market rates, at 00:00 daily (for overnight positions).
• Dividend adjustment: Applies to stock index instruments in both modes, charged on the ex-dividend date.

2. Net PnL formula

Net PnL = Closed PnL + cumulative swap fees − fees (if any)

• Closed PnL: Calculated based on the difference between the average open price and the average close price
• Cumulative swap fees: The total of daily swap fees accumulated from position opening to closing (usually negative)
• Fees: Only apply in ultra-low spread mode. In zero fee mode, this is 0.

3. Cost management tips

• Short-term traders: Spread cost is the main consideration. We recommend trading during periods of ample liquidity, such as when the London and New York trading sessions overlap.
• Medium- to long-term position holders: Swap fees are the main consideration. We recommend monitoring the direction of swap fee rates and avoiding long-term positions in the direction with high swap fees.
• Triple swap fee day: Pay special attention to the impact of the triple swap fee and assess whether it's worth holding a position across the fee collection date
• Stock index traders: Watch the ex-dividend date calendar for component stocks to understand how dividend adjustments affect your positions

9) FAQ

Q1: Is the swap fee charged every day?

A: The swap fee is only charged if you still hold an open position when server time rolls over from 23:59:59 to 00:00:00 (GMT+3 during daylight saving time / GMT+2 during standard time).If you open a position on the same day and close it before the day rolls over (i.e., an intraday trade), no swap fee applies.

Q2: Why is the swap fee tripled on some days?

A: Financial markets are closed on weekends, but interest still needs to be calculated.The platform charges 3 days of swap fees on one day of the week (usually Wednesday for forex, metals, and commodities, and Friday for some stock indices) to cover the two weekend days.This is a common practice in global forex markets, stemming from the T+2 settlement rule.

Q3: Is the swap fee rate fixed?

A: No.The swap fee rate is dynamically adjusted by liquidity providers based on factors such as central bank benchmark rates and market supply and demand.We recommend checking the latest rates in the MT5 client before holding a position.

Q4: Which has lower costs, zero fee mode or ultra-low spread mode?

A: It depends on your trading frequency and style.For high-frequency traders, ultra-low spread mode (tight spreads plus a fixed commission) may result in lower overall costs due to the higher number of trades. For users who trade less frequently, zero fee mode (standard spreads, no commission) may offer more of an advantage.

Q5: Why do buy and sell swap fees go in different directions?

A: The swap fee reflects the interest rate difference between two currencies (or assets).For example, in forex, buying a high-interest-rate currency and selling a low-interest-rate currency may earn positive interest, while doing the opposite requires paying interest.The specific positive or negative direction depends on the current market interest rate environment.

Q6: How does a dividend adjustment affect my PnL?

A: A dividend adjustment does not change the PnL of your trading strategy.Since the index price drops by an equal amount after the ex-dividend date, the price loss on long positions is offset by dividend income, and the price gain on short positions is offset by the dividend deduction.The purpose of the dividend adjustment is to ensure fair trading.

Q7: How is the swap fee calculated on holidays?

A: On non-trading days (such as public holidays), similar to the weekend rule, the platform may charge multiple days of swap fees in advance on a trading day to cover the holiday.Refer to the platform announcement for the specific arrangement.

Q8: Can the swap fee trigger forced liquidation?

A: Yes.The swap fee is deducted directly from your account equity when charged. If the equity falls below the maintenance margin level after the deduction, it may trigger forced liquidation.We recommend keeping sufficient margin if you hold a position overnight.

Q9: Where can I view my swap fee records?

A: Daily settled swap fees are recorded in "Fund Flow." After a position is closed, you can view the "Cumulative Swap Fee" for that trade in "Completed Orders."

Terms & Conditions

• The rates listed in this article are for reference only. Actual rates are subject to the real-time data in the contract specifications in the MT5 client.The platform reserves the right to adjust rates based on market conditions.The rate information above applies only to BingX CFD trading.
• Swap fee rates may be adjusted due to changes in market conditions. Adjustments are not announced individually, and the real-time data in the MT5 client applies.The swap fee settlement time is server time 23:59:59, rolling over to 00:00:00 (GMT+3 during daylight saving time / GMT+2 during standard time).
• No new swap fees are calculated while the market is closed, but fees already incurred before the market closed are still settled normally.
• When using a trigger price order, the filled price is based on the actual market quote after the order is triggered, and may deviate (slippage) from the set trigger price, especially during periods of high market volatility or insufficient liquidity.
• BingX CFD currently supports the following product types: metals, stock indices, forex, and commodities.For the specific contract specifications of each product, refer to the MT5 client.
• To ensure stable system operation, the MT5 trading server undergoes scheduled restart maintenance after market close every Friday.Trading functions will be temporarily unavailable during maintenance. We recommend planning your trades accordingly in advance.
• BingX reserves the right to final interpretation of this announcement, including any rule modifications, updates to terms, or cancellations.
• Multilingual translations of the product page rules may differ. If there is any discrepancy, the English original prevails.
• Any updates to the information above will be announced separately. If you still have questions about CFD, contact our customer support at any time. Thank you for your understanding and support.

Risk Warning:

Cryptocurrencies are highly volatile and may involve various risks, including market risk, project risk, technical risk, and compliance risk. You may incur investment losses. Note the risks and invest cautiously. BingX will continue improving its trading experience and product services. Thank you for your support and understanding.

BingX Operation Team

2026-08-05

BingX Official Channels

BingX Web: https://bingx.com

BingX Blog: https://blog.bingx.com

Telegram: https://t.me/BingXTWChinese

X: https://x.com/BingXOfficial

YouTube: https://www.youtube.com/@bingx

Risk Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. Before investing, carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. Consult a professional independent investment advisor before making a decision. The information on this page is for reference only and should not be considered investment advice. Past performance is not a reliable indicator of future performance. You should be aware that the market value and returns of investment products may fluctuate. You may lose the entire amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.

BingX takes compliance seriously and strictly follows regulatory requirements in each region. Please follow the laws and regulations in your country or region. BingX reserves the right to amend, change, or cancel this announcement at any time and for any reason without prior notice.

For more information, please refer to the Terms of Use and Risk Warning.