CFD
What are CFDs
CFD is an agreement between two parties to settle the difference between the opening and closing prices of the contract. CFDs allow customers to participate in the price movement of an underlying product, such as indices, commodities and shares, without actually owning the asset.
Features
- Trade in both the bull and the bear markets
The ability to enter a long and/or short position allow traders to take advantage of both rising and falling markets. - Smaller barrier to entry
CFDs typically have flexible and smaller contract sizes. This means that traders will be able to enter into a CFD contract with a modest amount of capital. - No expiration date or risk of delivery
Unlike futures which commonly have a fixed expiration date, CFDs allow traders to perpetually hold the position(s). CFDs are cash settled, no need to worry about the delivery of the underlying asset.
Benefits
Powerful Phillip MetaTrader 5 platform with access to advanced pattern recognition tools like Autochartist and Trading Central
Free live prices, data and real-time charting with sophisticated charting tools
24/5 service support
Zero commission and competitive spreads
Types of Shares CFD Available
NYSE
| 3M | Ford Motor Company | Snap Inc. |
| Abbott Labs | General Electric Co. | Twitter Inc. |
| American Express | Goldman Sachs | Verizon Communications |
| AT&T | IBM | Visa |
| Bank of America Merrill Lynch | J.P. Morgan Chase | WalMart |
| Bank of New York Mellon | McDonald’s | Walt Disney |
| Baxter International | Merck and Co. | Wells Fargo and Co. |
| Boeing Co. | MGM Resorts | |
| Caterpillar | Nokia US | |
| Citigroup | Oracle | |
| Coca-Cola Co. | Pfizer Inc. |
| Ascendas REIT | CapitaLand | CapitaLand Commercial Trust |
| CapitaLand Mall Trust | City Developments | ComfortDelgro |
| DBS | Frasers Centrepoint Trust  |
Genting Singapore |
| Keppel Corp | Keppel REIT |
Mapletree Commercial Trust |
| Mapletree Industrial Trust | Mapletree Logistics Trust | Mapletree North Asia Commercial Trust |
| OCBC | Raffles Medical Group |
SATS |
| Sembcorp Industries | SGX | Sheng Siong Group |
| SIA | Singapore Post |
Singapore Press Holdings |
| Singtel | ST Engineering | Starhub |
| Suntec REIT | Thai Beverage | UOB |
| UOL Group | Venture Corporation | Wilmar International |
| Yangzijiang Shipbuilding |
| Tencent Holdings | Bank of China | Henderson Land Development |
| Industrial & Comm Bank of China | China Mobile | Sands China |
| Ping An Insurance | China Resources Land | Sino Biopharmaceutical |
| HSBC Holdings | Galaxy Entertainment | |
| China Construction Bank Corp | Geely Automobile |
Types of Indices CFD Available
| CFD Spot AU S&P ASX (AUS200) | CFD Spot HK Hang Seng (HKG50) | CFD Spot FR CAC 40 Index (CAC40) |
| CFD Spot SG MSCI Singapore (SG100) | CFD Spot UK FTSE (UK100) | CFD Spot NL AEX 25 Index (AEX25) |
| CFD Spot CN FTSE China A50 (CN50) | CFD Spot US DJIA (US30) | CFD Spot ES IBEX 35 Index (IBEX35) |
| CFD Spot DE DAX (GER30) | CFD Spot US Nasdaq (NAS100) | CFD Spot CH SMI 20 Index (SMI20) |
| CFD Spot EU Stoxx (EUSTX50) |
Types of Commodities CFD Available
| CFD Spot Brent Crude Oil (UKOIL) |
Types of Cryptocurrencies CFD Available
| BITCOIN | ETHEREUM |
| LITECOIN | RIPPLE |
Note: Similar to the underlying Cryptocurrencies, Cryptocurrencies CFD are also highly volatile and come with high-risk. Hence, the prices of Cryptocurrencies CFD are subject to sudden fluctuations due to market sentiments or unexpected market events. As CFDs are leveraged, market volatility and leverage may result in increased profits or significant losses depending on how the market moves. Cryptocurrencies are not legal tender are currently not subjected to any regulatory requirements or supervisory oversight by the Monetary Authority of Singapore (MAS). Hence, the safeguards afforded under MAS’ regulatory framework will not apply to consumers dealing with unregulated products, such as CFDs on Cryptocurrencies.
Customers are advised to trade Cryptocurrencies CFD only after gaining the relevant knowledge and fully understanding the risks associated with the product. To ensure that you fully understand the risks and the costs involved, please refer to the Risk Fact Sheet and Risk Disclosure Statement.
Relevant information on CFD Trading
Get Started on CFD Trading
For more information on CFD trading, please give us a call at (65) 6538 0500 or send an email to our Client Service Desk at futures@phillip.com.sg.
