To view more information on how Net Free Equity is calculated, please refer to our costs & fees page
How is NFE calculated:
- Value-dated cash balance from your main account, adjusted for sub-account balances in the same currency.
- Unrealised profits or losses from open CFDs, FX Forwards, and Futures across your main and sub-accounts in the same currency.
- Market value of FX Options held in your main account and sub-accounts.
- Margin deduction for financing open positions, regardless of sub-account currency.
- Onshore interest on NFE:
- ZAR Fixed 6% p.a. (Accrued daily and booked monthly)
Offshore interest on NFE:
- USD Fixed 1% p.a. (Accrued daily and booked monthly)GBP Floating (Please review account interest details in-platform)EUR Floating (Please review account interest details in-platform)
Negative NFE balances
- DMA always encourages clients to maintain a positive NFE balance in order to avoid negative interest. Cash can be moved between sub-accounts in-platform. If you require any assistance, please reach out to us.