HOW TO TRADE CFDs
With our CFDs you get transparent pricing on the markets – including forex, shares, indices – in a flexible alternative to conventional trading.
Like conventional trading, if you think a market will rise, you buy at the offer price. If you think it will fall, you sell at the lower bid price.
Unlike conventional trading, your position is a contract with us – you never own the asset you are trading – and your initial margin is a fraction of your exposure to profit or loss.
How it works
To open a CFD or forex trade on our trading platform, you follow these steps:
Select your market, for example EUR/USD,
Singapore Blue Chip or Spot Gold.
Choose the size you wish to trade in.
Decide whether you think the market will rise or fall – 'buy' at the upper end of the quote if you feel the market will rise; or 'sell' at the lower end of our quote if you believe the market will fall.
Confirm your deal and open your CFD trade.
Monitor your trade, as you have the option to close it at any time.
When you close your trade, you perform the opposite action to when you opened the trade, i.e. if you chose to 'buy' originally, you would 'sell' in order to close. If you chose to 'sell' originally, you would 'buy' to close..
Ways to place a CFD trade
- Online: open, manage and monitor positions on our CFD trading platform
- Mobile: trade on your iPhone, Android, BlackBerry or Windows Phone 7 with our free CFD trading apps
- iPad: switch between multiple charts and customise your view on our tailored iPad app
- Insight centre: analyse, research and develop your trading
- Phone: speak directly to our dealers in Singapore
Risks of CFD trading
It is important to understand the risks involved before you begin. This is because CFDs are leveraged products which can result in losses which exceed your initial outlay. Find out more about the types of risk and how you can use effective risk management tools and products to help manage them.
If you're ready to start trading CFDs now, you can create an account with no minimum balance.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial investment, so please ensure that you fully understand the risks involved.