EDUCATION CENTRE

CFD CONTRACT DETAILS

The CFD Contract that USG offers is based on the futures price of the underlying index. Based on the underlying market spread, our spreads may vary from those specified in the Contract Details below.

NameExchangeContract SizeCurrencyCommission
S&P500e
Standard & Poor's 500
Chicago Mercantile Exchange50USD10
NAQ100
NASDAQ-100
Chicago Mercantile Exchange20USD10
UK_100e
FTSE 100 Index
London Stock Exchange10GBP10
JP225e
Nikkei 225
Chicago Mercantile Exchange500JPY10
HSIe
Hang Seng Index
Hong Kong Stock Exchange20HKD10
AUS200
S&P/ASX 200
Australian Securities Exchange10AUD10
OILUSe
Light, Sweet Crude Oil Futures
New York Mercantile Exchange1000USD10
OILUK
Brent Crude
Intercontinental Exchange, Inc.1000USD10
SPX35
IBEX 35
Madrid Stock Exchange5EUR10
US_30e
Dow 30
Chicago Mercantile Exchange5USD10
DE_30
German stock index
Frankfurt Stock Exchange5EUR10
EURO50EUREX10EUR10
BTCUSDBITCOIN1USD10
XNGUSDNYMEX20000USD10

CFD Trading Time

NameTrading Time
(System Time)
Min lotsLots step
S&P500e
Standard & Poor's 500
01:00-23:15 ; 23:30-24:000.010.01
NAQ100
NASDAQ-100
01:00-23:15 ; 23:30-24:000.010.01
UK_100e
FTSE 100 Index
09:00-23:000.010.01
JP225e
Nikkei 225
02:00-22:150.010.01
HSIe
Hang Seng Index
04:15-07:00 ; 08:00-11:150.010.01
AUS200
S&P/ASX 200
02:50-09:30 ; 10:10-24:000.010.01
OILUSe
Light, Sweet Crude Oil Futures
01:00-23:550.010.01
OILUK
Brent Crude
03:00-23:550.010.01
SPX35
IBEX 35
10:00-18:300.010.01
US_30e
Dow 30
01:00-23:15 ; 23:30-24:000.010.01
DE_30
German stock index
09:00-23:000.010.01
EURO5009:00-23:000.010.01
BTCUSD00:00-24:000.010.01
XNGUSD01:00-24:000.010.01

Notes to Tables

Clients may speculate on price movements in the value of stock by trading our CFDs on stock indices. Please note that CFDs are settled in cash only.

  • The trading hours above are in accordance with Platform time.
  • Spreads are subject to variation, especially in volatile market conditions. USG reserves the right to alter spreads at any time.
  • The minimum transaction size per lot is 1/10 of a contract.
  • When you trade in a currency other than your base currency, your profit or loss will be realised in that currency and will be credited to your account in that currency. By default, we will automatically convert any positive or negative balance on your account to your base currency on a daily basis.
  • CFDs on indices are undated transactions that do not expire. For each day that a position is held, adjustments are calculated to reflect the effect of interest and dividends. A daily interest adjustment is calculated for any position that is opened before 23:00 (GMT) and that is still open after 23:00 (GMT). These adjustments are posted daily to the client's account.
  • CFD commodities is based on the futures price of the underlying index, hence, swap rates for CFDs will be relatively higher when corresponding shares and indexes go ex-dividend. As swap rates are float values and charged according to that of our Liquidity Providers, the daily swap rate may vary greatly and notification of swap rate changes will not be made in advance.

Rollover rates are calculated as follows:
S = L*P*D*V
Where:

  • S = rollover amount
  • L = contract lot size
  • P = rollover rate (pips) of CFD products
  • D = days of calculated rollover rates
  • V = the value of each pip for a CFD product

Investors can see trading rollover rates on the MT4 trading platform, as follows:

Place your mouse on the symbol within the MT4 market watch window→Right-click→Specification to see the rollover rates for related commodities.

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