Contracts for differences
Contracts for Difference (CFD) can reflect the price changes of stock or index and offer the profits or losses caused by price changes. Contracts for difference is the most familiar trading tool to Chinese residents and in Reuter's Financial Glossary it is defined as trading mode in which exchange of physical commodities or securities is not involved and only the balance between settlement price and contract price is used for cash settlement.
- Extensive products
ArgoFX offers the trading categories on global mainstream stock markets, including such mainstream stock index products as US Dollar Index, Nikkei and European blue chip index.
- High fund utilization rate
Margin level as low as 2% is offered
- Low threshold
The extremely low entry threshold enables investors to take part without the need of tens of thousands of dollars that are needed by stock index futures.
- Transparent quotation
ArgoFX provides quotation of top banks, thus helping investors achieve price discovering.
An investor of ArgoFX bought one lot of European blue chip index (eusbx50) around 10:00 am EST on October 22, platform time of ArgoFX at the position of 3260 by EUR 65.
On the second day, the trade was closed at the position of 3440 around 14:00 pm EST on October 23.The earnings obtained by the client is 3440 – 3260 = EUR180 the yield rate of which is 180/65/100% = 276%.
| Product code | Chinese name | Contract volume | Minimum contract unit (standard lot) | Maximum trading volume (lot) | Trading time | Quotation time | time zone | Product introduction |
|---|---|---|---|---|---|---|---|---|
| {{ item.symbol }} | {{ item.symbol_cn }} | {{ item.contract_size }} | {{ item.lot_min }} | {{ item.lot_max }} | {{ item.info_trade_session }} | {{ item.info_quote_session }} | {{ item.timezone }} | {{ lang.text('productInfo.cfd.' + item.symbol) === ('productInfo.cfd.' + item.symbol) ? '-' : lang.text('productInfo.cfd.' + item.symbol) }} |
