iwan
Posts : 6 Join date : 2008-10-11
| Subject: more about cfd Sat Oct 11, 2008 6:44 pm | |
| http://en.wikipedia.org/wiki/Contract_for_difference
I still confused, I need more info about: - any interest fee - validity of contract
please share | |
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orangtua
Posts : 117 Join date : 2008-08-06
| Subject: Re: more about cfd Sun Oct 12, 2008 9:23 am | |
| - iwan wrote:
- http://en.wikipedia.org/wiki/Contract_for_difference
I still confused, I need more info about: - any interest fee - validity of contract
please share in cfd, u pay only a deposit of 5% to 40% for the position u open. therefore, the brokerage house will charge interest of libor plus some % per annum. % depends on brokerage house. your cfd contract has no time limit and therefore time decay. eg, if u buy 1 AAPL cfd share at $90, u pay $9only. if interest is libor (2%) plus 2.5%, your interest charge is $0.011 per day. 1 contract of cfd is 1share. you may get more information if u visit www.cityindexasia-com and to also come to our cfd course on 18th Oct, Sat, from 1pm to 4pm at Hotel Ciputra for Rp350,000only. I can also then help you to open your account in city index asia for free. Photocopy documents required are KTP and credit card bill/PLN bill. hope this information is useful. regards. | |
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iwan
Posts : 6 Join date : 2008-10-11
| Subject: advantages and disadvantages Sun Oct 12, 2008 1:27 pm | |
| Let share here: BENEFIT of CFD: - You could short/ naked sell share, indexes, oil (but not all share). - Margin - Leverage
DISADVANTAGES of CFD: - Risky ? why?
Please share your opinion, this will attract more traffics and live to our forum. | |
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andre313
Posts : 5 Join date : 2008-09-08
| Subject: CityindexAsia Fee Fri Oct 31, 2008 1:34 am | |
| For all of us who has been trading on US market , CFD commission is quite expensive , Like MON @ $75-90 cost about $ 25 -29 buy/sell ( 0.3 % ? ) , as compared to $1 with US brokers. Trading platform is not as good as US broker and execution is sometimes slow ( web based platform usually slow ), need to requote . Online trading is sometimes not available until you complain , live chat . I think CityindexAsia should do something to improve the platform in the future. | |
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| Subject: Re: more about cfd | |
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