CFD Index Trading
Trade the following indices commission free on our GNI touch trading platform.
FTSE - DAX - CAC - DOW - S&P - NASDAQ
European Index CFDs trade from 8.00am – 5.30pm.
US Index CFDs trade from 8.00am – 9.00pm
Contract Value:
Each CFD’s contract value is equivalent to the relevant index. For example, the FTSE100 trades at 4,500. You purchase one FTSE index CFD at a price of £4,500. For every one point movement in the index CFD your profit and loss moves by £1. Each index CFD trades in the underlying currency of the associated index.
Initial Margin:
Initial Margin is calculated as a percentage of the marked to market value of an open position. For example, you purchase one FTSE Index CFD at a price of £4,500. The initial margin required would be 6%* of £4,500 or £270.
Commission and Funding:
There is no commission charged on Index CFDs. Funding interest is charged on any positions held overnight. This is charged at your normal funding rate.
Trading:
All of our Index CFDs are tradable through GNI touch or over the phone with your personal account handler.
Dividends:
Dividends will be treated in the same way as single stock CFDs. A separate cash adjustment will be made on ex-date, crediting your account if you are long and debiting your account if short.
*subject to change
