What are CFDs?

Contracts for difference (CFDs) are derivative products which enable you to trade on the price movement of underlying financial assets (such as indices, shares and commodities).

A CFD is an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time at which it's closed. With a CFD you never actually own the asset or instrument you have chosen to trade, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.

CFD trading is 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’. While trading on margin allows you to magnify your returns, 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.

Award-winning platform

Our platform combines innovative trading tools with an intuitive interface and
native mobile apps for iPad, iPhone and Android

Trade CFDs on thousands
of instruments

Our award-winning CFD trading platform provides access to over 12,000 global instruments, at competitive spreads and margin rates. Trade CFDs on major forex pairs from 0.7 points and popular indices from 1 point.

Asset
class
Number of
instruments
Minimum
spreads
Margins rates from
Forex 330+ 0.7 points 3.3%
Indices 80+ 0.3 points 5%
Cryptocurrencies 21 0.5 points 50%
Commodities 100+ 0.3 points 5%
Shares 10,000+ 0.10%1 20%
Exchange-traded funds 1,000+ 0.10%1 20%
Treasuries 50+ 1 point 20%

Risk management

Our extensive range of risk management tools include regular, trailing and guaranteed stop-loss orders (GSLOs). These tools enable you to manage risk, helping to secure potential profits and minimise losses. Unlike other stop-loss order types, GSLOs offer 100% certainty that a trade will close at an exact price, for a premium. If the GSLO is not triggered, we refund the premium charge in full.

Potential CFD trading costs

Your approach to risk management and how long you hold a position for can affect your potential CFD trading costs. There's a charge to hold a position overnight and for placing a GSLO. For share CFD trading, there is also a market data fee and commission charge.

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