Trade CFDs on ETF Shares (Exchange Traded Funds)
IFC Markets is happy to announce that the broker has started offering new Financial Instruments, CFDs on ETF(Exchange Traded Fund).
CFDs on ETF is now available on both MetaTrader4 and NetTradeX trading platforms of IFC Markets.
Trading Conditions of CFDs on ETF(Exchange Traded Fund)
The CFDs on shares of ETF offered on IFC Markets’ MT4 and NetTradeX trading platforms are traded on the New York Stock Exchange (NYSE).
The trading commission is 0.015 USD per share which will be charged for both opening and closing positions(the minimum is 10 USD).
The dividend adjustment of CFD on ETF is equal to the dividend per ETF share. The holders of long positions on CFDs receive a dividend adjustment on account, while for the holders of short positions the adjustment is charged from account.
The general trading conditions of CFDs on ETF offered, are as follows.
|ETF Symbols||Company||Spread in pips||Order distance in pips||Minimum price change||Minimum volume||Margin in %|
|#ETF-GLD||SPDR Gold Trust (ETF)||5||10||0.01||1.00||20 %|
|#ETF-IYR||ISHARES U.S. REAL ESTATE ETF||3||6||0.01||1.00||20 %|
|#ETF-SPY||SPDR S&P 500 ETF TRUST||10||20||0.01||1.00||10 %|
|#ETF-TLT||ISHARES 20+ YEAR TREASURY BOND ETF||5||10||0.01||1.00||10 %|
To find the full trading conditions of CFDs on ETF, please visit the IFC Markets Official Website and go to “Trading”→”CFDs on ETF” as below.