What is a CFD?
Contracts for Difference, also known as CFD’s are contractual agreements between two parties to exchange the difference between the opening and closing price of a contract, allowing the movement to be speculated on. Trading heavily in CFDs began in the early 1990s in London, as a form of equity swap which could be leveraged, and traded on margin. Institutional traders and hedge fund managers used them as a cost effective hedges against stock market exposure in their portfolios. With no physical shares actual being purchased, CFDs have been made popular in recent years by online investors seeking to create more robust, well rounded investment portfolios.
At NSFX clients are able to trade popular commodities such as Gold, Silver, & Oil, or Indices such as NASDAQ, FTSE, DAX without compromising on trading conditions. With some of the most flexible, and competitive trading conditions, trading with NSFX as your partner gives you an excellent trading package for CFDs.
* Please Note: As with currency pairing swaps, when commodity or indices positions are held by clients overnight there is a rate charged as follows from the 21st of May 2013.
Long: Long: Index value * Number of CFDs * (relevant interbank rate + 2.5%) * (Actual Number of days/360 or Actual Number of days/365)
Short: Short: Index value * Number of CFDs * (relevant interbank rate - 2%) * (Actual Number of days/360 or Actual Number of days/365)
There will be a commission levied against each CFD trade equivalent to 0.0065% of the the nominal trade value subject to a minimum fee.
Trade Gold in your investment
portfolio with NSFX
Trade Crude Oil and take advantage of the
benefits of CFD trading with NSFX
Trade leading Indices including:
Nasdaq, FTSE, DAX using
our wide variety of different platforms
Understand the math involved in
trading through real live examples