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BI clients can trade individual shares, indices, commodities and foreign exchange contracts - with zero commissions, low margin requirements, and state-of-the-art online software.
SHARE CFD TRADING DETAILS :
Account Opening Minimum: $3,000.00
Lot Size: 1,000 shares
Margin Requirement: Up to 400:1 Leverage on CFD products
Spreads: Click here for spreads of most-traded products.
Commissions: Zero (commission-free)
CFDS EXPLAINED
The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself. For example, instead of purchasing 1,000 shares of Microsoft from a stockbroker, a client could instead buy a CFD on Microsoft on the BI trading platform. A $5 per share rise in the price of Microsoft would confer to the client a $5,000 profit, just as if he had purchased the actual shares that are traded on the exchange. A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. BI can therefore offer CFDs with zero commissions and very attractive margin requirements. CFDs have grown in popularity dramatically over the past few years, and we believe that this will increasingly be the preferred way to trade the financial markets.
The other major benefit of trading a CFD is the fact that the client can trade on margin. CFD trading means clients can trade a full portfolio of shares, indices, or commodities without having to tie up large amounts of capital.
CFD PERFORMANCE
As with shares, CFD investors benefit from normal market movements. Clients' open positions are valued in real time, with every tick of the market. Profits or losses similarly are credited to or debited from the clients account equity in real time. |