How to calculate overnight commissions for CFD on InteractiveBrokers?
Overnight financing rates start at only 1.5%
But when I look at Commissions for North America there is no clue about how to calculate it. There is only one mysterious sentence I do not understand very well:
Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
Does it mean that every night I have to pay the same commission as I paid when entering the order?
My terminology is really bad. As order I meant fulfilled order so as @Victor says it is trade.