CFD (Contract for Difference) Trading

The swissDirekt trading platform enables you to trade Stock and CFDs together with all our other investment products from a single integrated platform. In addition you benefit of live prices, live charts and live news.

• CFDs from 19 and stocks from 14 major exchanges
• Index-tracking CFDs with low entry prices
• Efficient intra-day stock trading through CFDs
• Tight Bid/Ask spreads with no commissions for CFD's
• Limit, Stop Loss, OCO and Conditional Orders

Contract For Difference (CFD) stock derivatives offer a more efficient way of investing in stocks and stock indexes, particularly for aggressive intra-day investors. CFD prices are linked directly to their underlying stock price. You can also trade index-tracking CFD' s that are linked to the performance of entire stock indices

Stock Trading on Margin
CFDs are traded on margin enabling you to gear your stock investments for much greater market effect. Our margin requirements are some of the lowest available — for our normal margin rates, an investment of only $10,000 can be used to command a CFD position of up to $100,000; leveraging your investment by a factor of 10.

Index-tracking CFDs
swissDirekt offers a number of index-tracking CFDs where the price of the CFD is linked to the performance of a stock index. Index-tracking CFDs enable you to spread investment risks across an entire stock index instead of being based on a single stock. Index CFDs are currently available that track the following indices:

• S&P 500 (US)
• NASDAQ 100 (US)
• Dow Jones Industrial Average (US)
• FTSE 100 (London Stock Exchange)
• DAX 30 (Frankfurt Stock Exchange)
• CAC 40 (Paris Stock Exchange)
• SMI (Swiss Market Index)
• OMX (Stockholm Stock Exchange)
• ASX S&P 200 (Australian Stock Exchange)

Stock CFDs are traded on a competitive market maker price +/- 0.10% included in the bid/ask spread, with no additional commissions (above 10000 $US).

The minimum account is Euro 10.000 or equivalent.

CFD Interest and Accrual Rates
As CFDs are a margined product, you finance the trade value and a financing fee or accrual for every day you hold the CFD will be charged.

• When you buy a CFD, you are subject to a financing charge at the Inter-Bank Offer Rate for the currency in which the share is traded (e.g. LIBOR plus 3%).
• When you short sell a CFD, you receive an interest accrual at the Inter-Bank Bid Rate for the currency in which the share is traded (e.g. LIBOR minus 2.5%).
  For intraday trades this does not apply.

CFD Margins
You must at all times maintain sufficient funds in your account to cover your CFD exposure:

• for stock CFDs, you must maintain a minimum of 10% of the investment value
• for index CFDs, you must maintain a minimum of 5% of the investment value

If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions — normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.