CFDs

Access over 10,000 CFDs across a wide range of markets

Single stocks select from over 10,000 single stock CFDs
Stock indices
Stock indices
Commodities
select from some of the most liquid commodity markets within energy, agriculture, metals, softs and emissions and get direct exposure to the underlying commodity with CFD benefits.
Options
select from 280 of the most liquid CFD options on single stocks and indices.
Forex
select from a broad range of major, minor and exotic CFD currency pairs.
Bonds
select from over 7,000 government and corporate bonds
ETFs & ETCs
select from a vast and growing number of CFD exchange-traded funds (ETFs) and exchange-traded commodities (ETCs).

You can use CFDs to speculate on the future movement of market prices or as a risk management tool.

Broaden your portfolio and speculate on the future movement of an underlying asset or financial market.

Protect your portfolio and potentially hedge (offset) any potential loss in its value.

What is a CFD

A CFD (Contract for Difference) is an agreement to exchange the difference in the value of a financial product from the time the contract is opened until the time at which it is closed. The difference in value is the contract for difference.

It is a derivative product that has a value based on an underlying asset and which mirrors its movements. As an investor, you never actually own the underlying asset, but rather receive payments (+ or -) based on the change in the market price of that asset.

A tradable instrument, you can use CFDs to trade on live market price movements and it allows you to take a position on the future value of an asset i.e. whether you think it will go up or down.

Being a margined product, unlike traditional equities, you only have to put down a small deposit of the total value of the investment. 

Key Features of a CFD

Go long or short

If you think a market is set to rise, you go long (buy) at the higher offer price. If you think
the market is set to fall, you go short (sell) at the lower bid price.

Direct Market Access (DMA)

Trade live prices and send orders directly to the underlying order book of an exchange.
You can trade inside the market spread and participate in opening and closing auctions.

Low dealing costs

Typically, when compared to traditional equities.

No stamp duty

A CFD is a derivative product with its value based on an underlying asset. This means you
never actually own the underlying asset and don’t have to pay stamp duty.

Suitable for short-term trading

Availability of margin and competitive dealing charges enhances the opportunity to take
advantage of short-term market volatility.

Wide range of markets

Trade CFDs on a wide range of markets: shares, indices, commodities, forex, interest rates and many more.

Risk management via multiple order types

Use stop losses, limit orders and contingent orders, such as ‘one cancels the other’ (OCO)
and ‘if done’.

No fixed time period

There is no expiry date so you can keep positions open as long as you want, provided the margin requirement is met at all times. Overnight funding charges apply

Trade on margin

Only put down a small deposit of the total value of the investment.

Tax efficient

Depending on your financial circumstances, you can offset incurred losses against your
capital gains tax (CGT) liabilities. Please seek independent financial advice.

Options

Access over 280 of the most liquid options on single stocks and indices and trade options on a wide range of markets: single stocks, indices, commodities, forex and interest rates.

Single stocks select from a wide range of single stock options across global markets.
Stock indices
select from a wide range of stock index options.
Commodities
select from some of the most liquid commodity markets within energy, agriculture, metals, softs and emissions and get direct exposure to the underlying commodity with option benefits.
Forex
select from a broad range of major, minor and exotic CFD currency pairs
ETFs & ETCs
select from a vast and growing number of option exchange-traded funds (ETFs) and exchange- traded commodities (ETCs).
Time to expiry
select from a wide range of daily, weekly, monthly and quarterly options.

What is an Option?

An option is a contract that gives the buyer (the holder) the right, but not the obligation, to buy (by buying a call option) or sell (by buying a put option) in an underlying asset or financial market at a certain
strike price, on or before a specified expiry date. 

It is a derivative product and contract that has a value based on an underlying asset.

A tradable instrument, you can use options to trade on live market price movements. Success depends on determining the direction of the underlying asset and both the magnitude and timeframe of the price move

When buying an option you have three choices:

The cost to buy the option is called the premium and represents the limited risk.

Options are used to speculate on the future value of an underlying asset or financial market or can be used as a risk management tool.

Broaden your portfolio and speculate on the future movement of an underlying asset or financial market. 

Protect your portfolio by buying put options against your equity investments and potentially hedge (offset) any potential loss in their value.

How Options Work

The price at which an underlying asset can be bought or sold is the strike price and the cost of an option is the premium.

Types of options:

A call option gives the buyer the right to buy an underlying asset at a certain strike price, on or before a specified expiry date. It is similar to having a long CFD position on an underlying asset. Buyers of call options hope that the
underlying asset will increase in value before the option expires.

Buyers of call options hope that the underlying asset will increase in value before the option expires. A call option would be exercised when the strike price is below the market price of the underlying asset.

A put option gives the buyer the right to sell an underlying asset at a certain strike price, on or before a specified expiry date. It is similar to having a short CFD position on an underlying asset. Buyers of put options hope that the underlying asset will decrease in value before the option expires.

A put option would be exercised when the strike price is above the market price of the underlying asset.

Types of options expiry:

If the option is exercised before expiry then the underlying asset is bought (a call) or sold (a put). The cost to the buyer is the premium plus dealing costs.


If the option expiration date passes then the option expires either in-the-money or out-the-money. In-the-money will result in a trade in the underlying stock being executed at the price which you have traded the option.
Out-the-money will result in our option expiring worthless.


The cost to the buyer is the premium plus dealing costs.

Key Features of a Options

Go long or short

If you think a market is set to rise, you can buy a call option. If you think a market is set to fall, you can buy a put option.

Live streaming prices

Trade live streaming prices.

Volume-based dealing costs

The more you trade the lower the cost-per-trade.

Trade on margin

Only put down a small deposit of the total value of the investment

Suitable for short-term trading

Availability of margin and low premium cost enhance the opportunity to take advantage
of short-term market volatility

Wide range of markets

Use options on a wide range of markets: shares, indices, commodities, forex, interest rates and many more.

Risk management tool

Use options to manage risk as part of a standalone strategy or to hedge against potential downside risk in your other investments.

Timeframes to suit you

Daily, weekly, quarterly options available.

No stamp duty

An option is a derivative product which has a value based on an underlying asset. This means you never actually own the underlying asset and don’t have to pay stamp duty.

Option rights

The option holder doesn’t have any rights associated with the underlying asset such as
voting or dividend rights.

Tax efficient

Depending on your financial circumstances, you can offset any incurred losses against your
capital gains tax (CGT) liabilities. Please seek independent financial advice.