EDUCATION CENTRE
CFD CONTRACT DETAILS
The CFD Contract that USG 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.
| Name | Exchange | Contract Size | Currency | Commission |
|---|---|---|---|---|
| S&P500e Standard & Poor's 500 | Chicago Mercantile Exchange | 50 | USD | 10 |
| NAQ100 NASDAQ-100 | Chicago Mercantile Exchange | 20 | USD | 10 |
| UK_100e FTSE 100 Index | London Stock Exchange | 10 | GBP | 10 |
| JP225e Nikkei 225 | Chicago Mercantile Exchange | 500 | JPY | 10 |
| HSIe Hang Seng Index | Hong Kong Stock Exchange | 20 | HKD | 10 |
| AUS200 S&P/ASX 200 | Australian Securities Exchange | 10 | AUD | 10 |
| OILUSe Light, Sweet Crude Oil Futures | New York Mercantile Exchange | 1000 | USD | 10 |
| OILUK Brent Crude | Intercontinental Exchange, Inc. | 1000 | USD | 10 |
| SPX35 IBEX 35 | Madrid Stock Exchange | 5 | EUR | 10 |
| US_30e Dow 30 | Chicago Mercantile Exchange | 5 | USD | 10 |
| DE_30 German stock index | Frankfurt Stock Exchange | 5 | EUR | 10 |
| EURO50 | EUREX | 10 | EUR | 10 |
| BTCUSD | BITCOIN | 1 | USD | 10 |
| XNGUSD | NYMEX | 20000 | USD | 10 |
CFD Trading Time
| Name | Trading Time (System Time) | Min lots | Lots step |
|---|---|---|---|
| S&P500e Standard & Poor's 500 | 01:00-23:15 ; 23:30-24:00 | 0.01 | 0.01 |
| NAQ100 NASDAQ-100 | 01:00-23:15 ; 23:30-24:00 | 0.01 | 0.01 |
| UK_100e FTSE 100 Index | 09:00-23:00 | 0.01 | 0.01 |
| JP225e Nikkei 225 | 02:00-22:15 | 0.01 | 0.01 |
| HSIe Hang Seng Index | 04:15-07:00 ; 08:00-11:15 | 0.01 | 0.01 |
| AUS200 S&P/ASX 200 | 02:50-09:30 ; 10:10-24:00 | 0.01 | 0.01 |
| OILUSe Light, Sweet Crude Oil Futures | 01:00-23:55 | 0.01 | 0.01 |
| OILUK Brent Crude | 03:00-23:55 | 0.01 | 0.01 |
| SPX35 IBEX 35 | 10:00-18:30 | 0.01 | 0.01 |
| US_30e Dow 30 | 01:00-23:15 ; 23:30-24:00 | 0.01 | 0.01 |
| DE_30 German stock index | 09:00-23:00 | 0.01 | 0.01 |
| EURO50 | 09:00-23:00 | 0.01 | 0.01 |
| BTCUSD | 00:00-24:00 | 0.01 | 0.01 |
| XNGUSD | 01:00-24:00 | 0.01 | 0.01 |
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. USG 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.
- CFD commodities is based on the futures price of the underlying index, hence, swap rates for CFDs will be relatively higher when corresponding shares and indexes go ex-dividend. As swap rates are float values and charged according to that of our Liquidity Providers, the daily swap rate may vary greatly and notification of swap rate changes will not be made in advance.
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
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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