Corporate News

20 Sep, 11:06

Reducing spreads for several asset classes on NDD and Sharp ECN accounts

Dear TeleTrade clients,

Please note that starting Monday, September 27th, 2021, spreads for several asset classes on NDD and Sharp ECN accounts will be reduced.

For NDD account, average spreads will be reduced by:

- 46% for major Forex instruments;
- 51% for exotic Forex instruments;
- 55% for CFDs on Indexes;
- 53% for CFDs on Energies, and;
- 56% for CFDs on Metals

For NDD account, you can find detailed information about average spread reductions for each instrument from the aforementioned asset classes in this file.

For Sharp ECN account, average spreads will be reduced by:

- 25% for major Forex instruments;
- 39% for exotic Forex instruments;
- 33% for CFDs on Indexes;
- 50% for CFDs on Energies, and;
- 58% for CFDs on Metals

For Sharp ECN account, you can find detailed information about average spread reductions for each instrument from the aforementioned asset classes in this file.

Commissions for the above asset classes will remain the same.

Disclaimer: values provided are indicative; actual spreads may still vary in accordance with market conditions (including instances of volatility).

Please check Trading Conditions on the Website as well as Product Specifications in the trading platform.

Kind regards,

TeleTrade

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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