All our CFD accounts can be opened quickly and provide you with access to genuine market data including Direct Market Access pricing and order-book visibility for faster execution and no dealer intervention.
Contracts for difference (CFDs) are derivative products which allow you to trade on the price movement of financial assets such as indices, shares and commodities. When you trade CFDs you don’t own the instrument or asset you are trading, but you benefit or make a loss depending on whether the market moves in your favour or against you.
Because CFDs are a leveraged product, you can open a position with only a small percentage of the full value of the trade. It allows the buyer or seller to gain full market exposure while only outlaying part of the full notional value of the instrument.
CFDs therefore offer the potential to make a higher return from a smaller initial outlay compared to investing directly in the underlying security.
Leverage usually involves more risks than a direct investment in the underlying instrument. It is important you understand that leverage has the potential to work against as well as for you as using leverage magnifies your trading profits and losses.
CFDs have been used by professional investors for over twenty years and emerged first in the over-the counter (OTC) or equity SWAP market. Equity swaps were used by institutions to cost effectively hedge their equity exposure.
CFDs have become one of the most popular derivative products in the Australian and European financial markets.
The popularity of CFDs has been driven by:
CFDs provide all the benefits of share trading combined with added advantage of being able to utilise your unrealised profit, and only outlay part of the full notional value of your position.
Our customised accounts are suitable for both new and experienced traders.
|Minimum Opening Balance
||$ 1,000||$ 25,000||$ 50,000|
|Brokerage Rate||$10 minimum, then 0.1%||$9 min, then 0.09%||No min. then 0.08%|
|Financing||RBA +3.5%||RBA +3.0%||RBA +2.5%|
|IRESS Trader& Fee
||$55 inc. GST fee is waived if you generate $150 in commission/month.||$55 inc. GST fee is waived if you generate $150 in commission/month.||Platform fee is waived.|
|IRESS Investor & Fee
|ASX Live Data fee
||$22 ASX Inc GST fee is waived if you generate $50 in comm/month||$22 ASX Inc GST fee is waived if you generate $50 in comm/month||ASX royalty fee is waived|
|ASX Delayed Data
|Telephone Trades & Fee||No additional charge||No additional charge||No additional charge|
|Account Description & Fee||Our professional account provides access to competitive DMA commission and margin rates with our professional trading platform options.||The platinum account offers even lower commission and financing rates on our professional trading platform.||For the professional trader, we offer no platform fees and no minimum brokerage charge.|
Trade on real market data transparently with Contracts for Difference (CFDs) across 4 different continents and more than 10000 stocks. Choose between leveraged and non-leveraged trading accounts for higher position sizes and competitive financing rates.
Trade major stock indices with competitive leverage by trading Zero Index CFDs. Trade price movements of the real futures contract and select the contract expiry you want using live exchange data. Margins start at 1% (SPI 200 Futures start at USD $25 per point. USD 200 cash indexes are USD $1 per point available on our MT4 platform).