EDUCATION CENTRE

CFD CONTRACT DETAILS

The CFD Contract that USGFX offers is based on the futures price of the underlying index. Based on the underlying market spread, our spreads may vary from those specified in the Contract Details below.

NameExchangeContract SizeCurrencyCommission
S&P500e
Standard & Poor's 500
Chicago Mercantile Exchange50USD10
NAQ100
NASDAQ-100
Chicago Mercantile Exchange20USD10
FR_40e
Cotation Assistée en Continu 40
Euronext Paris10EUR10
UK_100e
FTSE 100 Index
London Stock Exchange10GBP10
JP225e
Nikkei 225
Chicago Mercantile Exchange500JPY10
HSIe
Hang Seng Index
Hong Kong Stock Exchange20HKD10
AUS200
S&P/ASX 200
Australian Securities Exchange10AUD10
OILUSe
Light, Sweet Crude Oil Futures
New York Mercantile Exchange1000USD10
OILUK
Brent Crude
Intercontinental Exchange, Inc.1000USD10
SPX35
IBEX 35
Madrid Stock Exchange5EUR10
US_30e
Dow 30
Chicago Mercantile Exchange5USD10
DE_30
German stock index
Frankfurt Stock Exchange5EUR10
EURO50EUREX10EUR10
BTCUSDBITCOIN1USD10

CFD Trading Time

NameTrading Time
(System Time)
Min lotsLots step
S&P500e
Standard & Poor's 500
24:000.10.1
NAQ100
NASDAQ-100
24:000.10.1
FR_40e
Cotation Assistée en Continu 40
09:00-23:000.10.1
UK_100e
FTSE 100 Index
09:00-23:000.10.1
JP225e
Nikkei 225
02:00-22:150.10.1
HSIe
Hang Seng Index
04:15-07:00 ; 08:00-11:150.10.1
AUS200
S&P/ASX 200
02:50-09:30 ; 10:10-24:000.10.1
OILUSe
Light, Sweet Crude Oil Futures
01:00-00:000.10.1
OILUK
Brent Crude
03:00-00:000.10.1
SPX35
IBEX 35
10:00-18:300.10.1
US_30e
Dow 30
24:000.20.2
DE_30
German stock index
09:00-23:000.20.2
EURO5009:00-23:000.10.1
BTCUSD00:00-24:0011

Notes to Tables

Clients may speculate on price movements in the value of stock by trading our CFDs on stock indices. Please note that CFDs are settled in cash only.

  • The trading hours above are in accordance with Platform time.
  • Spreads are subject to variation, especially in volatile market conditions. USGFX reserves the right to alter spreads at any time.
  • The minimum transaction size per lot is 1/10 of a contract.
  • When you trade in a currency other than your base currency, your profit or loss will be realised in that currency and will be credited to your account in that currency. By default, we will automatically convert any positive or negative balance on your account to your base currency on a daily basis.
  • CFDs on indices are undated transactions that do not expire. For each day that a position is held, adjustments are calculated to reflect the effect of interest and dividends. A daily interest adjustment is calculated for any position that is opened before 23:00 (GMT) and that is still open after 23:00 (GMT). These adjustments are posted daily to the client's account.

Rollover rates are calculated as follows:
S = L*P*D*V
Where:

  • S = rollover amount
  • L = contract lot size
  • P = rollover rate (pips) of CFD products
  • D = days of calculated rollover rates
  • V = the value of each pip for a CFD product

NOTE: For any position opened before 23:59 on Wednesday that is still open after 23:59 on Wednesday, the daily interest credit or debit will be made for three days as opposed to one day. This three-day adjustment covers settlement of trades over the weekend.

Investors can see trading rollover rates on the MT4 trading platform, as follows:

Place your mouse on the symbol within the MT4 market watch window→Right-click→Specification to see the rollover rates for related commodities.

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