FX Conversions
Currency conversion at a flat 0.30% across all major currency pairs — one of the most competitive FX conversion rates available to Australian investors.
0.30%
Flat rate across all major currency pairs
All majors
AUD, USD, EUR, GBP, JPY, CHF, CAD, NZD, HKD, SGD and more
| Product | Rate | Minimum |
|---|---|---|
| FX Conversion — All Major Currency Pairs | 0.30% | — |
The 0.30% conversion rate applies uniformly across all major currency pairs. No additional spread markups or hidden conversion fees apply.
Options
Listed options across ASX, US and major European and Asian exchanges at flat per-contract rates.
| Market / Exchange | Commission | Minimum |
|---|---|---|
| Australia | ||
| ASX Stock OptionsAll ASX-listed equity options | A$3.00 / contract | — |
| ASX Index OptionsAll ASX index options | A$3.00 / contract | — |
| North America | ||
| US Listed OptionsAll US exchange-listed equity and index options | USD$1.50 / contract | — |
| Montreal Exchange (MX) OptionsCanadian equity and index options | CAD$3.00 / contract | — |
| Europe | ||
| Eurex (Germany / Switzerland)European equity and index options | EUR€3.00 / contract | EUR€3.00 |
| Euronext Options (Amsterdam, Brussels, Paris) | EUR€3.00 / contract | EUR€3.00 |
| ICE / LIFFE (London)UK equity and index options | GBP£3.00 / contract | GBP£3.00 |
Available to all client types subject to suitability assessment. Exchange fees may apply in addition to commission on some markets.
Futures
Access listed futures markets across Australia, the US, Europe and Asia from a single account. ASX 24 rates are all-inclusive — no hidden exchange fees.
| Exchange / Product | Commission | Minimum |
|---|---|---|
| Australia — ASX 24 | ||
| SPI 200 Futures | A$7.50 / contract | — |
| 90-Day Bank Bill Futures | A$7.50 / contract | — |
| 3-Year Bond Futures | A$7.50 / contract | — |
| 10-Year Bond Futures | A$7.50 / contract | — |
| All other ASX 24 products | A$7.50 / contract | — |
| United States | ||
| CME — E-mini S&P 500, Nasdaq, Dow | USD$3.00 / contract | — |
| CME — FX Futures (AUD, EUR, GBP, JPY etc.) | USD$3.00 / contract | — |
| CME — Interest Rate Futures | USD$3.00 / contract | — |
| CBOT — Grain and Agricultural Futures | USD$3.00 / contract | — |
| NYMEX — Energy Futures (WTI Crude, Natural Gas) | USD$3.00 / contract | — |
| COMEX — Metals Futures (Gold, Silver, Copper) | USD$3.00 / contract | — |
| Europe | ||
| Eurex — DAX, Euro Stoxx 50, Bund Futures | EUR€5.00 / contract | — |
| Euronext — CAC 40, AEX Futures | EUR€5.00 / contract | — |
| ICE / LIFFE — FTSE 100, Short Sterling, Gilt Futures | GBP£5.00 / contract | — |
| Asia Pacific | ||
| SGX — Nikkei 225, MSCI Asia Futures | USD$5.00 / contract | — |
| HKEX — Hang Seng Futures | HKD$40.00 / contract | — |
ASX 24 Futures rates are all-inclusive of exchange fees — no additional charges apply. No GST applies to offshore futures products. Exchange fees may apply on non-ASX futures markets in addition to the commission shown.
Bonds & Fixed Income
Access Australian and international fixed income markets, from government bonds to corporate and municipal securities.
| Product | Commission | Minimum |
|---|---|---|
| ASX Treasury BondsAustralian Government Securities listed on ASX | 0.10% | A$10.00 |
| US TreasuriesUS Government bonds and notes | 0.004% (0.4bps) | USD$10.00 |
| US Corporate BondsInvestment grade and high yield | 0.20% / 0.05% above USD$10,000 | USD$2.00 |
| US Municipal Bonds | 0.10% / 0.025% above USD$10,000 | USD$2.00 |
| Global & OTC BondsInternational government and corporate bonds | 0.20% / 0.05% above USD$10,000 | USD$10.00 |
CFDs & Margin FX
Contracts for Difference and Margin FX for clients seeking leveraged exposure to shares, indices and currencies.
| Product | Commission | Minimum |
|---|---|---|
| Share CFDs — Australia | ||
| ASX Share CFDs | 0.10% | A$8.00 |
| Share CFDs — North America | ||
| US Share CFDs | USD$0.02 / share | USD$3.00 |
| Canadian Share CFDs (TSX / TSXV) | CAD$0.03 / share | CAD$3.00 |
| Share CFDs — United Kingdom | ||
| UK Share CFDs (LSE) | 0.10% | GBP£5.00 |
| Share CFDs — Europe | ||
| Euronext Share CFDs | 0.10% | EUR€6.00 |
| Xetra Share CFDs | 0.10% | EUR€6.00 |
| SIX Share CFDs | 0.10% | CHF6.00 |
| Borsa Italiana Share CFDs | 0.10% | EUR€6.00 |
| BME Share CFDs | 0.10% | EUR€6.00 |
| Share CFDs — Asia Pacific | ||
| HKEX Share CFDs | 0.10% | HKD$25.00 |
| Tokyo Share CFDs | 0.10% | JPY¥100.00 |
| SGX Share CFDs | 0.10% | SGD$5.00 |
| Index CFDs & Margin FX | ||
| Index CFDsAll major indices | 0.015% (1.5bps) | — |
| Margin FXAll major and minor currency pairs | 0.50bps | — |
CFD Overnight Financing
Financing charges apply to all CFD positions held open overnight. Charged nightly on the notional value of open positions.
All Share & Index CFDsCharged nightly on open positions
Benchmark + 2.00% p.a.
CFDs and Margin FX are available to Wholesale and Professional clients only. To enquire about wholesale client classification, please contact us. Leverage involves significant risk and may not be suitable for all investors.
Margin Lending
Interest rates on margin loan balances, tiered by loan size and client type. Rates are indicative and subject to change in line with prevailing benchmark rates.
Retail Individual
| Currency | Rate p.a. |
|---|---|
| AUDMaximum loan balance A$150,000 | 8.42% |
| USDMaximum loan balance USD$100,000 | 8.63% |
| EUR, GBP, JPY, CHF, CAD, HKD, SGDAll other margin currencies | Available upon request |
Wholesale / Corporate & Trust
| Currency & Balance Tier | Rate p.a. |
|---|---|
| AUD | |
| Tier IUp to A$150,000 | 7.42% |
| Tier IIA$150,001 – A$1,500,000 | 6.92% |
| Tier IIIOver A$1,500,000 | 6.67% |
| USD | |
| Tier IUp to USD$100,000 | 6.63% |
| Tier IIUSD$100,001 – USD$1,000,000 | 6.13% |
| Tier IIIOver USD$1,000,000 | 5.88% |
| Other Currencies | |
| EUR, GBP, JPY, CHF, CAD, HKD, SGDAll other margin currencies | Available upon request |
Wholesale / Corporate & Trust rates are tiered — each tier rate applies to the portion of the balance within that tier. Retail individual accounts are subject to maximum loan balances of A$150,000 (AUD) and USD$100,000 (USD). Margin lending is available to eligible clients only. Please refer to the relevant disclosure documents.
Cash Yield
Interest earned on uninvested cash balances held in your account. Credited monthly on qualifying balances above the thresholds below.
| Currency | Rate | Minimum Balance |
|---|---|---|
| AUD Cash Balances | 3.10% p.a. | A$10,000 |
| USD Cash Balances | 2.30% p.a. | USD$10,000 |
Cash interest is credited monthly on qualifying balances. Rates are linked to prevailing benchmark rates and updated periodically. Balances below the minimum threshold do not earn interest.
Other
A single annual custody fee applies to equity holdings held in your account. Cash balances are excluded.
| Product | Fee | Applies To |
|---|---|---|
| Custody Fee | 0.10% p.a. (10bps) | Equity holdings only |
The custody fee is calculated on the market value of equity holdings and charged annually. Cash balances are excluded from the custody fee calculation.
Important information: All fees and rates shown are indicative and subject to change without notice. Exchange fees, local taxes (including UK Stamp Duty 0.5%, French Financial Transaction Tax 0.3%, and similar levies) and currency conversion costs may apply in addition to commissions shown. This pricing schedule does not constitute a Financial Services Guide, Product Disclosure Statement or financial advice. Cygnus Global Markets Pty Ltd is a Corporate Authorised Representative of Trend Capital Pty Ltd (AFSL [number]). Please read the relevant disclosure documents before making any investment decision. Some products are available to Wholesale or Professional clients only as defined under the Corporations Act 2001 (Cth).
