What is a CFD?
Contracts for difference (CFDs) are a form of derivative trading that enable you to attempt to net a potential profit by speculating on the rising or falling prices of fast-moving global financial markets (or products) such as shares, indices, commodities, currencies and treasuries.
How do CFDs work?
There is no actual ownership of the underlying asset of reference. Since the product is not exchange traded, it is said to be traded over-the-counter (OTC). CFDs are traded on margin and can be sold short, making it possible to profit in falling markets. We offer CFDs on hunderds of global markets and you can buy or sell a number of units for a particular product or instrument depending on whether you think prices will go up or down. Our wide range of products includes, treasuries, currency pairs, commodities and stock indices, such as the DAX, which aggregates the price movements of all the stocks listed on the German respective stock index. For every point the price of the instrument moves in your favour, you gain multiples of the number of units you have bought or sold. For every point the price moves against you, you will make a loss. Please remember that losses can exceed your deposits
What is margin and leverage?
CFDs are a leveraged product, which means that you only need to deposit a small percentage of the full value of the trade in order to open a position. This is called ‘trading on margin’ (or margin requirement). While trading on margin allows you to magnify your returns, your losses will also be magnified as they are based on the full value of the position, meaning you could lose more than any capital deposited
|Instrument||Symbol||Bloomberg Code||Currency||Contract Size Per 1 Lot||Commission (EUR/USD)*||Min Spread||Margin Requirement||Min Deal Size In Lots||Market Hours|
|Euro 50||Euro50||SX5E||EUR||1||0.5||1.6||5%||1||09:00 - 23:00, Monday to Friday|
|Germany 30||Germany30||DAX||EUR||1||0.5||0.7||5%||1||01:02 (Sundays 01:05) - 23:15, 23:30 - 00:00, Monday to Friday|
|Australia 200||Aus200||AS51||AUD||1||0.5||4||5%||1||2:50 - 9:30, 10:10 - 00:00, Monday to Friday|
|Spain 35||Spain35||IBEX||EUR||1||0.5||5||5%||1||09:00 - 21:00, Monday to Friday|
|France 40||France40||CAC||EUR||1||0.5||1||5%||1||09:00 - 23:00, Monday to Friday|
|UK 100||UK100||UKX||GBP||1||0.5||1||5%||1||01:02 (Sundays 01:05) - 23:15, 23:30 - 00:00, Monday to Friday|
|Hong Kong 50||HK43||HSI||HKD||1||0.5||5||5%||1||4:15 - 07:00, 08 - 11:30, 12:15 - 20:00, Monday to Friday|
|S&P 500||SP500||SPX||USD||1||1.5||0.6||5%||1||01:00-00:00 Monday to Friday|
|Nasdaq||NSD||CCMP||USD||1||1.5||1||5%||1||01:00 - 23:15, 23:30 - 00:00, Monday to Friday|
|Dow Jones 30||DJ30||INDU||USD||1||1.5||2||5%||1||01:00 - 23:15, 23:30 - 00:00, Monday to Friday|
|Nikkei 225||225JPY||NKY||JPY||1||0.5||8||0.05||2:00 - 23:15, Monday to Friday|
* based on account currency. PLN accounts equivalent commissions is 2 or 0.05
Risk Warning:CFDs are complex leveraged products and involve a high level of risk. 66% of retail investor accounts lose money when trading CFDs with this provider. You should ensure that you understand the risks involved and that you can afford the possible risk of losing all your money. Seek independent advice if necessary.