CFD Trading Conditions

With Finotec, you can trade CFDs on 7 major stock indices from 5 different countries (USA, France, Germany, United Kingdom and Israel). To learn about the CFD Trading conditions offered at Finotec – including spreads, trading hours, leverage and margin requirements, minimum and maximum size contract – take a look at the table below.

Leverage

Please note that with Finotec, CFDs on indices may be traded on a 5% margin basis (20:1 leverage). This means that you need only invest 5% of the transaction size as collateral.
* Refers to the minimum/maximum size contract available at Finotec.
** Refers to the cost of 1 pip for a minimum transaction.
*** Time is according to GMT (EST=GMT-5)
CFD (Contract for Difference) is a contract defined as an agreement for the difference between the opening and the closing price of a financial instrument of a traded asset – in this case stock indices. CFDs allow investors to trade stock indices on margin and are a great way to take part in the financial market. With CFDs, short selling stock indices is as easy as buying stock indices.
This type of contract gives you access to real-time price variations and values of world indices without having to actually own them. CFDs are an ideal instrument for hedging as well as for speculating with low margin requirements.

Rollover

On the day of the rollover, the transaction is closed out at a middle rate between the last bid/ask prices and immediately reopened for a new middle rate. This entails that on rollover days, the client pays half of the spread.