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Libertex Forex Club

Bond fees

Libertex bond fees

Bond exposure on Libertex is offered as CFDs on three iShares US Treasury Bond ETFs — short (SHY), medium (IEF) and long duration (TLT). Not government bond futures directly. Flat 0.03% commission, 1:20 multiplier cap. This page covers the cost mechanics and the full bond ETF table.

3 Treasury ETFs0.03% commissionUp to 1:20
Practice on the demoCost mechanics ↓

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Featured instruments

All bond instruments on Libertex

All 3 bond ETF CFDs offered on Libertex with their multiplier ceiling and 0.03% uniform commission. SHY for short-duration rates exposure; IEF for medium; TLT for long-duration plays.

ETFSymbolMax multiplierCommissionMin trade

These three ETFs together form a Treasury duration ladder usable for rates views, yield-curve trades, or risk-off positioning. Bonds are NOT government bond futures (no Bund, BTP, JGB futures); the underlying is the BlackRock iShares Treasury ETF family.

Cost mechanics

What you pay on a bond ETF trade

Four mechanics on every bond CFD position. Treasury bond ETFs are sensitive to interest-rate news; cost mechanics mirror stock CFDs but the underlying behaviour is quite different.

  1. Spread tight on US session

    Per entry

    SHY, IEF and TLT trade most actively during US cash hours. TLT (20+ year) has the widest typical spread because it's most price-sensitive to rate moves; SHY (1–3 year) tightest. FOMC days move spreads materially in the minutes around the rate announcement.

  2. 0.03% opening commission

    Per trade

    Uniform per-trade fee on multiplied position size. On a $2,000 TLT notional ($100 margin × 1:20): 0.03% = $0.60 commission. Visible on the ticket.

  3. Overnight financing on leveraged holds

    Per night held

    Per-night charge on leveraged bond ETF positions. Multi-week positions accumulate financing meaningfully — for rate-curve positioning across months, a cash-equity brokerage holding the underlying ETF is structurally cheaper than the CFD.

  4. Monthly distribution adjustment

    Per month

    Treasury bond ETFs pay monthly interest distributions. Long CFD positions receive a credit on ex-date, shorts are debited. CFD-specific adjustment, not a real distribution. The credit partially offsets overnight financing on long positions.

Related

Where to read next

Three pages cover the surrounding context — fees hub, ETF mechanics (bond ETFs follow the same model), and the demo.

  • Fees hub

    Cross-category cost overview — bonds sit in the 0.03% commission band with stocks, indices, ETFs and commodities.

    Fees hub

  • ETF fees

    ETF CFD mechanics — same commission rate, same multiplier ceiling, same distribution-adjustment treatment. Bond ETFs are a subset of the broader ETF catalogue.

    ETF fees

  • Demo account

    $50,000 virtual, real-time TLT and IEF pricing. Test bond ETF CFD execution and rate-sensitivity on the order ticket.

    Demo

FAQ

Bond fee questions

Trading in financial instruments is a risky activity and can bring not only profits, but also losses. The amount of possible losses is limited by the amount of the deposit.