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CFD Trading

What are the upcoming dividends for FXCM's Index CFDs?

How are Index CFD dividends? For information on Index CFD Dividends please click here. How can I see when future dividends may impact my positions? For…

What are the CFD Holiday Hours?

Due to the global nature of CFDs, traders should be aware of special holiday trading hours observed in each market. FXCM has provided a monthly calendar…

What are your trading hours?

FXCM's trading hours vary by product. For forex, trading opens on Sundays between 5:00 PM ET and 5:15 PM ET and closes on Fridays around 4:55 PM ET.…

What is the CFD financing cost?

At FXCM, the financing cost for your CFD trade is referred to as ‘rollover.' This is the interest paid for holding a position past 5 PM EST and…

What are Index CFD Dividends?

Dividends may impact the amount of overnight costs you pay or earn on your Index CFD position.  Index CFD's are made up of a group of stocks that…

When does oil expire?

Please refer to our CFD Expiration table: https://docs.fxcorporate.com/user-guide/FXCMCFDExpirations.pdf …

What is margin?

Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of…

How do I calculate the Notional Values for a CFD?

When you place a CFD Trade with FXCM, you are using leverage* to control more money than you actually have to put down for the trade (margin). For example,…

In what countries is CFD trading allowed?

CFDs currently trade in Australia, the United Kingdom, throughout the Euro Zone, Japan, Canada, South Africa, Switzerland, New Zealand, and other…

What are the costs and fees involved with trading CFDs?

FXCM is compensated by a markup which is added to the spreads it receives from its liquidity providers which is most traders' main cost of trading.…

Are there expirations for CFDs?

Energy CFDs, which include UK Oil, US Oil, NGAS and Cryptocurrency CFDs have a monthly expiration. Treasury CFDs, like Bund, have a quarterly expiration.…

Do margin requirements change for CFDs?

Yes, margin requirements can periodically change to account for changes in market volatility and currency exchange rates. Any margin changes will be shown…

What is a "pip" for CFDs?

A pip is the increment FXCM uses to account for profits and losses. It is the standard used in the Forex market, in place of "points" or "…

Are there requotes?

No, FXCM maintains a no re-quote policy for forex orders, indices, metals, and oil. Circumstances may exist based on order size, trading pattern, and/or…

Will my margin requirement be lowered should I attempt to hedge with similar products?

No. Due to the imperfect nature of hedging, hedging with different assets is still prone to considerable risk, and hence does not figure into margin…

What is the smallest amount a CFD price can move?

Under most conditions, the minimum price movement for each CFD is similar to the underlying. To see the full specifications for each asset, see the CFD…

Is there slippage for CFDs?

Like most markets, traders can experience slippage when trading CFDs. The level of slippage experienced will depend on liquidity in the market and the…

Are multiple accounts required to trade different types of CFDs?

No. An FXCM Ltd. Account provides access to trading in Forex, Equity Indices, and Commodities. …

CFD Rollover Calendar

The financing cost for your CFD trade is referred to as ‘Rollover.' Rollover is the interest paid or earned for holding a position overnight,…

Where can I find FTSE/DAX/SP500 etc. on my account?

FXCM's CFD Products are derivatives of stock index's and their relevant futures market. In order to learn more about which FXCM insturment…

Is CFD trading limited to certain hours?

The hours for each CFD are determined by FXCM's Trading Desk based on the schedule for trading on the exchange for the underlying market, commodity,…

What is the liquidity like in CFDs?

Liquidity for CFDs is comparable to the underlying. Different indices and commodities experience different levels of volatility and liquidity. To see the…

What is Fair Value?

Fair Value is a calculation that factors various things that tend to affect the price of a stock index futures contract, such as interest and dividends. A…

Who primarily trades CFDs? Small investors or large institutions?

Retail traders, speculators and hedge funds are the typical market participants for CFDs. CFDs are complex, leveraged products that can put clients at…

When I trade a CFD, how much am I trading?

FXCM uses a "lot-based" trading system. This allows our platform to aggregate all client positions into standardised trade sizes, simplifying…

What is the underlying asset?

The "underlying asset" is the instrument that a CFD is based on. For example, the underlying asset for the SPX500 is the S&P 500 Index of US…

How quick is CFD execution?

Execution in CFDs is comparable to the underlying market. …

Are CFD profits unlimited?

FXCM will impose no limits to profit. …

Are there certain hours where CFDs are more active?

Since a CFDs price is based on the price of the underlying asset, peak trading hours are typically the hours when the exchange for the underlying asset is…

Are there any benefits to trading a CFD over trading the underlying asset?

Yes, there are. CFDs give traders a lot of options that he would not otherwise have, allowing him to be flexible. CFDs are traded with leverage, allowing…

Is there more risk involved in trading a CFD over trading the underlying asset?

Trading with higher leverage means there is a greater risk of loss, as well as potential for profit. Depending on the amount of leverage used, small moves…

Do I have control of the underlying asset when trading CFDs?

No. The CFD merely tracks the underlying price. However, it does give the trader rights or dividends associated with the underlying asset. …

What are the benefits of using CFDs to hedge exposure to an underlying asset rather than using options or futures?

CFDs provide a linear payoff: a rise or decline in the underlying asset will result in an equivalent rise or decline in a trader's account balance.…

Are there different margin levels for CFDs?

Initial / Maintenance margin for each position can be seen in the Simple Dealing Rates window. Liquidation Margin can then be seen in the Accounts…

What are CFDs?

Clients of FXCM LTD. can trade Stock Indices, Oil, and Precious Metals from their FXCM Trading Station using CFDs. CFD stands for Contract for Difference.…

Is there a government regulator for CFDs?

Yes. CFDs are regulated in most countries in which they are traded. …