CFD Equities

CFD Stock Product Sheet and Trading Terms (United States Stock Market)
Product Symbol Initial Margin Minimum Contract / Trade Maximum NOP
Amazon #AMZN 5% 1 20
Google #GOOG 5% 1 20
Adobe #ADBE 5% 1 100
Netflix #NFLX 5% 1 100
NVIDIA #NVDA 10% 1 100
Tesla #TSLA 5% 1 100
Apple #AAPL 5% 1 100
Boeing #BA 5% 1 200
Berkshire Hathaway #BRK.B 5% 1 200
Caterpillar #CAT 5% 1 200
Facebook #FB 5% 1 200
Goldman Sachs Group #GS 5% 1 200
IBM #IBM 10% 1 200
Johnson & Johnson #JNJ 5% 1 200
McDonald’s #MCD 10% 1 200
3M #MMM 5% 1 200
Microsoft #MSFT 5% 1 200
Pepsi #PEP 5% 1 200
Procter & Gamble #PG 5% 1 200
Texas Instruments #TXN 5% 1 200
Visa #V 5% 1 200
Walmart #WMT 5% 1 200
Lockheed Martin Corporation #LMT 5% 1 200
Mastercard Incorporated #MA 5% 1 200
American Express #AXP 5% 1 400
Chevron #CVX 5% 1 400
Walt Disney #DIS 5% 1 400
Expedia #EXPE 10% 1 400
Intel #INTC 5% 1 400
JPMorgan Chase & Co #JPM 10% 1 400
Coca-Cola #KO 10% 1 400
Marriott International #MAR 5% 1 400
Nike #NKE 10% 1 400
Starbucks #SBUX 10% 1 400
China Petroleum & Chemical #SNP 10% 1 400
Taiwan Semiconductor #TSM 5% 1 400
Verizon Communications #VZ 5% 1 400
Wynn Resorts #WYNN 10% 1 400
Moderna #MRNA 20% 1 400
Cisco Systems #CSCO 5% 1 1000
eBay #EBAY 5% 1 1000
General Electric #GE 5% 1 1000
Morgan Stanley #MS 5% 1 1000
Pfizer #PFE 5% 1 1000
PetroChina #PTR 5% 1 1000
Twitter #TWTR 10% 1 1000
Wells Fargo & Company #WFC 5% 1 1000
Exxon Mobil #XOM 5% 1 1000
Dropbox #DBX 10% 1 1000
Inovio Pharmaceuticals #INO 20% 1 1000
Lyft #LYFT 10% 1 1000
AT&T #T 5% 1 1000
Ford Motor #F 5% 1 1000
Herbalife Nutrition Ltd #HLF 20% 1 1000
General Motors Company #GM 5% 1 1000
CFD Stock Product Sheet and Trading Terms (Germany Stock Market)
Product Symbol Initial Margin Minimum Contract / Trade Maximum NOP
Adidas #ADS 5% 1 200
Allianz SE #ALV 5% 1 200
Bayer Aktiengesellschaft #BAYN 5% 1 1000
Bayerische Motoren Werke Aktiengesellschaft #BMW 5% 1 1000
Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien #BVB 10% 1 1000
Daimler AG #DAI 5% 1 1000
Deutsche Bank Aktiengesellschaft #DBK 10% 1 1000
CFD Stock Product Sheet and Trading Terms (Hong Kong Stock Market)
Product Symbol Initial Margin Minimum Contract / Trade Maximum NOP
Tencent Holdings Limited #TENCENT 10% 1 300
Hong Kong Exchanges and Clearing Limited #HKEX 5% 1 400
Meituan #MEITUAN 10% 1 600
JD.com, Inc. #JDHK 5% 1 600
Kuaishou Technology #KUAISHOU 10% 1 600
Alibaba Group Holding Limited #ALIBABA 10% 1 800
Sunny Optical Technology (Group) Company Limited #SUNNYOPTIC 10% 1 1000
BYD Company Limited #BYD 10% 1 1000
ANTA Sports Products Limited #ANTASPORTS 5% 1 1500
Sun Hung Kai Properties Limited #SHKPPT 5% 1 1500
JD Health International Inc. #JDHEALTH 10% 1 1500
Ping An Healthcare and Technology Company Limited #PINGANHC 10% 1 1500
AIA Group Limited #AIA 5% 1 1500
Ping An Insurance (Group) Company of China, Ltd. #PINGAN 5% 1 2000
Galaxy Entertainment Group Limited #GALAXYENT 10% 1 2500
China Merchants Bank Co., Ltd. #CMBANK 5% 1 3000
China Mengniu Dairy Company Limited #MENGNIU 10% 1 4000
Sands China Ltd. #SANDSCN 10% 1 4000
Xiaomi Corporation #XIAOMI 5% 1 7000
Semiconductor Manufacturing International Corp. #SMIC 10% 1 7000
Geely Automobile Holdings Limited #GEELY 10% 1 7000
Alibaba Health Information Technology Limited #ALIHEALTH 10% 1 7000
China Life Insurance Company Limited #CHINALIFE 5% 1 8000
Shanghai Pharmaceuticals Holding Co., Ltd #SHPHAMA 10% 1 8000
Country Garden Holdings Company Limited #COUNTYGARD 10% 1 8000
Leverage

Each lot is one share, maximum leverage ratio 1:20, which is 5% equivalent to the contract value

The margin hedge is 10% of the new open position margin, which means the sum of one buy and one sell of the hedge position is 20% of one new open position margin

Leverage ratio of trading accounts does not apply to CFD stock products

Time Zone and Trading Session

Trading Platform Time Zone: GMT+2 (Daylight Saving Time GMT+3)

US Stock Trading Session: GMT+2/+3 16:30 to 22:59 GMT from Monday to Friday

German Stock Trading Session: GMT+2/+3 10:00 to 18:29 GMT from Monday to Friday

Hong Kong Stock Trading Session (Winter time) : GMT+2 : 03:30 – 06:00 / 07:00 – 10:00 GMT from Monday to Friday

Hong Kong Stock Trading Session (Summer time) : GMT+3 : 04:30 – 07:00 / 08:00 – 11:00 GMT from Monday to Friday

Transaction Fee

0.4% entry price of each contract, with USD10 minimum transaction fee for each round trip (The standard applies to all kinds of accounts)

For example, client buys 20 lots (20 shares) of Apple’s CFD stocks at a price of USD 200

The transaction fee is: 200 × 20 × 0.004 = USD 16

*The transaction fee of CFD stock products is fixed, which is different from the transaction fee of other products.

Calculation of Trading Profit and Loss

Calculation of Trading Profit and Loss = ( sell price – buy price ) × contract volume

For example, client buys 20 lots (20 shares) of Apple’s CFD stocks at a price of USD200 and closes the position at USD210

P&L is: (210 – 200) × 20 = USD 200

German CFD stock is calculated in market price euro, and will be converted to USD instantly.

Hong Kong CFD stock is calculated in market price euro, and will be converted to USD instantly.

Calculation of Swap

Daily Swap Calculation and Process Time: GMT +2/+3 23:59, 3-days-swap will be charged on every Friday.

Swap Amount per Trading Day = entry price × contract volume × buy or sell swap / 360

For example, cusomter buys 20 lots (20 shares) of Apple’s CFD stocks at a price of USD200, and holds the position for a day at a buying swap rate of -4.5%The swap of the day is: 200 × 20 × 4.5% / 360 = USD 0.5

The proportion of positions held by buyers and sellers in the market is considered when calculating the overnight swap of CFD stocks.For example, when 90% of the market participants bullish on a market or a stock, the swap to be paid by the buyers is significantly different from that to be paid by the sellers. The sellers may even have swap fee receivable.

Dividend and Other Calculations that Affect the CFD Stock Price

As this does not actually own the physical stocks when trading CFD, therefore this is not actually entitled to distribute any dividend on the stocks, issue any option or split any share.However, to ensure that there is no material impact on the position after the stock price rises/falls, such extra losses/profits will be automatically deposited/deducted from the account balance (depending on the direction of position).

Adjustment in relevant trading accounts will be reflected (deposit or deduction) after the closing of the trading day immediately before the calculation date on which the issue affecting the price of the individual stock is included.For example, if the ex-dividend date of an individual stock is March 20 and client still holds the CFD position of the stock after the closing of the stock market on March 19, it will be included in the calculation list of adjusting the balance of stock dividend.

Please refer to the announcements on the website of the specific exchange for information about the stock dividend adjustment and other issues related to the stock.

Pending Order

All limit orders are daily valid only or for the period of time specified by the client (whichever the earlier).

The minimum price gap between the limit orders’ placing and the market price: It varies with the price of the CFD stock.
Please refer to the detail data of relevant CFD stock in the trading platform.

Spread and Execution Type

Execution Type (pending orders included): Market price filling

Spread: Floating spread

NOP and Volume Limit

The NOP of each CFD stock product by each client (including all of the client’s adjunct accounts) is subject to the above list.

The volume range of per click is 1 – 1000 lots, and it needs to meet the maximum NOP requirement, subject to the above list.

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