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US SPX 500 Index -
Quote 1550.50 / 1551.00 Contract Size $10 per One Index Point Trading Unit 1 Index Point You believe the SPX 500 Index will go lower , you sell 1 contract at 1550.50 You believe the SPX 500 Index will go higher , you buy 1 contract at 1551.00 -
Opening SELL Opening BUY The quote means you can sell at: 1550.50 The quote means you can buy at: 1551.00 You need to have the required margin of $78 per contract available on your account You need to have the required margin of $78 per contract available on your account The Contract Size of 1 contract is $10 per One Index Point meaning your profit or loss per contract will be $10 per one Index Point price increment The Contract Size of 1 contract is $10 per One Index Point meaning your profit or loss per contract will be $10 per one Index Point price increment The value of 1 contract is Price x Contract Size (1550.50 x $10) = $15,505.00 The value of 1 contract is Price x Contract Size (1551.00 x $10) = $15,510.00 -
Two days later the market rises on better than expected Non-Farm Payroll Figures and the S&P price quote moves to 1554.50 / 1555.00. You decide to close your open trading position. -
Closing BUY Closing SELL You decide to close the position by placing an equal and opposite trade to the opening trade, in this case buying 1 contract at 1555.00 You decide to close the position by placing an equal and opposite trade to the opening trade, in this case by selling 1 contract at 1554.50 Your profit is calculated as follows: Closing Price - Opening Price / Trading Unit x Contract Size Your profit is calculated as follows: Closing Price - Opening Price / Trading Unit x Contract Size (1550.50 - 1555.00) / 1 x $10 = -$45.00(Loss) (1554.50 - 1551.00) / 1 x $10 = $35.00 (Profit) -
As this is a (expiring) CFD there is no commission or overnight financing charges, all costs are in the competitive dealing spread
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Commodity Future CFD XTIUSD -
Quote 81.990 / 82.110 Contract Size 1000 barrels Trading Unit 0.001 -
Opening SELL Opening BUY The quote means you can sell at: 81.990 The quote means you can buy at: 82.110 You believe the price of XTIUSD will go lower , you sell 1 contract at 81.990 You believe the price of Wheat will go higher , you buy 1 contract at 82.110 You need to have the required margin of about $820 per contract available on your account You need to have the required margin of about $820 per contract available on your account The Contract Size of 1 contract is 1000 barrels meaning your profit or loss per contract will be $1 per 0.001 price increment The Contract Size of 1 contract is 1000 barrels meaning your profit or loss per contract will be $1 per 0.001 price increment The value of 1 contract is Price x Contract Size (81.990 x 1000) = $81,990.00 The value of 1 contract is Price x Contract Size (82.110 x 1000) = $82,110.00 -
Due to international energy tensions, the oil prices have risen to 82.220 / 82.330 -
Closing BUY Closing SELL You decide to take your loss and close the position by buying 1 contract at 82.330 You decide to take your profit and close the position by selling 1 contract at 82.220 Your loss is calculated as follows: Value of sale in USD - Value of purchase in USD Your profit is calculated as follows: Value of sale in USD - Value of purchase in USD $81990.00 - $82330.00 = -$340.00(Loss) $82220.00 - $82110.00 = $110.00 (Profit) -
As this is a (expiring) CFD there is no commission or overnight financing charges, all costs are in the competitive dealing spread.
Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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