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

Phillip MT5 Desktop

Powerful Phillip MetaTrader 5 platform with access to advanced pattern recognition tools like Autochartist and Trading Central

Phillip MT5 Desktop

Free live prices, data and real-time charting with sophisticated charting tools

Phillip MT5 Desktop

24/5 service support

0 Commission

Zero commission and competitive spreads

Types of Shares CFD Available

NYSE

3MFord Motor CompanySnap Inc.
Abbott LabsGeneral Electric Co.Twitter Inc.
American ExpressGoldman SachsVerizon Communications
AT&TIBMVisa
Bank of America Merrill LynchJ.P. Morgan ChaseWalMart
Bank of New York MellonMcDonald’sWalt Disney
Baxter InternationalMerck and Co.Wells Fargo and Co.
Boeing Co.MGM Resorts 
CaterpillarNokia US 
CitigroupOracle 
Coca-Cola Co.Pfizer Inc. 
Ascendas REIT CapitaLand CapitaLand Commercial Trust
CapitaLand Mall Trust City Developments ComfortDelgro
DBS Frasers Centrepoint Trust New Genting Singapore
Keppel Corp Keppel REIT New Mapletree Commercial Trust
Mapletree Industrial Trust Mapletree Logistics Trust Mapletree North Asia Commercial Trust New
OCBC Raffles Medical Group New SATS
Sembcorp Industries SGX Sheng Siong Group New
SIA Singapore Post New Singapore Press Holdings New
Singtel ST Engineering Starhub New
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

BITCOINETHEREUM
LITECOINRIPPLE

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

Click here to view the full CFD Contract Specifications.

Click here to view the CFD Product Information Sheet.

Click here to for more information on the CKA assessment to trade CFDs.

Click here to view the Risk Fact Sheet for CFDs. For existing clients, you may view the Risk Fact Sheet on the Client Portal here.

Click here to view the CFD FAQ.

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

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