Equities/Shares are one of the most popular Financial Instruments worldwide. HotForex offers Contracts for difference.

Trading shares through CFD’s allows trades to take either ‘Short’ or ‘Long’ positions for any single share without the need for owning the physical share.

By trading CFD’s on shares, via HotForex’s award winning services traders can enjoy many benefits such as:

  • Strong Liquidity and Reliable Execution
  • Short selling on any CFD
  • Access to the most liquid shares in the U.S. and the U.K.
  • Hedging Available
  • Trade Shares from the same account that you trade Forex, Commodities and Indices
  • Trade larger volumes through the use of leverage

Accurate Pricing

The prices offered on the Share CFD’s by HotForex closely track the actual prices of the shares traded on the exchanges. There is a commission charge of 0.10% and the margin requirements are 5%-10% of the underlying exposure.

Shares CFD€™s Trading Details


Description 1 Lot Size Used Margin Spreads Swap Short *** Swap Long *** Limit and Stop Levels Commission Point Value per Share in USD
NYSE*
Alcoa 100 Shares 10% 0.04 -0.08 -0.10 0.03 0.10% $0.01
American Express 100 Shares 10% 0.04 -0.58 -0.77 0.03 0.10% $0.01
ALIBABA**** 100 Shares 20% 0.04 -0.32 -0.41 0.03 0.10% $0.01
BANK OF AMERICA 100 Shares 10% 0.04 -0.10 -0.13 0.02 0.10% $0.01
Boeing Co 100 Shares 10% 0.04 -0.78 -0.96 0.05 0.10% $0.01
Chevron Corp 100 Shares 10% 0.04 -0.73 -0.90 0.05 0.10% $0.01
Coca Cola Inc. 100 Shares 10% 0.04 -0.24 -0.29 0.05 0.10% $0.01
General Electric 100 Shares 10% 0.04 -0.16 -0.20 0.03 0.10% $0.01
Goldman Sachs 100 Shares 10% 0.06 -0.99 -1.21 0.05 0.10% $0.01
Hilton 100 Shares 10% 0.02 -0.13 -0.16 0.05 0.10% $0.01
IBM 100 Shares 10% 0.05 -1.22 -1.49 0.10 0.10% $0.01
MasterCard 100 Shares 10% 0.55 -0.45 -0.55 0.40 0.10% $0.01
McDonalds 100 Shares 10% 0.04 -0.61 -0.74 0.03 0.10% $0.01
Pfizer 100 Shares 10% 0.01 -0.19 -0.24 0.03 0.10% $0.01
Twitter 100 Shares 10% 0.04 -0.27 -0.32 0.05 0.10% $0.01
NASDAQ*
Amazon 100 Shares 10% 0.20 -1.99 -2.43 0.10 0.10% $0.01
APPLE 100 Shares 10% 0.12 -0.68 -4.01 0.15 0.10% $0.01
Cisco Systems 100 Shares 10% 0.04 -0.14 -0.17 0.03 0.10% $0.01
eBay 100 Shares 10% 0.04 -0.33 -0.40 0.03 0.10% $0.01
FaceBook Inc 100 Shares 10% 0.04 -0.36 -0.43 0.03 0.10% $0.01
Google 100 Shares 10% 0.45 -3.36 -4.11 0.30 0.10% $0.01
Illumina Inc 100 Shares 10% 0.12 -0.88 -1.07 0.30 0.10% $0.01
Intel 100 Shares 10% 0.04 -0.20 -0.17 0.03 0.10% $0.01
Microsoft 100 Shares 10% 0.04 -0.25 -0.30 0.03 0.10% $0.01
Qualcomm Inc. 100 Shares 10% 0.04 -0.49 -0.60 0.03 0.10% $0.01
Teva Pharmaceutical Ind 100 Shares 10% 0.04 -0.32 -0.39 0.05 0.10% $0.01
LSE**
Anglo American 100 Shares 10% 1.00 -0.14 -0.22 1.50 0.10% 0.01 GBPUSD rate
Barclays 100 Shares 10% 0.11 -0.02 -0.03 0.15 0.10% 0.01 GBPUSD rate
BP Plc 100 Shares 10% 0.12 -0.04 -0.07 0.15 0.10% 0.01 GBPUSD rate
British Airways 100 Shares 10% 0.03 -0.04 -0.06 0.30 0.10% 0.01 GBPUSD rate
HSBC Holdings 100 Shares 10% 0.02 -0.06 -0.08 0.30 0.10% 0.01 GBPUSD rate
Lloyds TSB Group Plc. 100 Shares 10% 0.03 -0.01 -0.01 0.05 0.10% 0.01 GBPUSD rate
Rio Tinto Group 100 Shares 10% 1.00 -0.31 -0.47 1.50 0.10% 0.01 GBPUSD rate
Royal Bank Of Scotland Group Plc. 100 Shares 10% 0.20 -0.03 -0.04 0.30 0.10% 0.01 GBPUSD rate
Tesco Plc 100 Shares 10% 0.12 -0.03 -0.04 0.15 0.10% 0.01 GBPUSD rate
Vodafone 100 Shares 10% 0.08 -0.02 -0.03 0.10 0.10% 0.01 GBPUSD rate
International Shares
CEZ Group 100 Shares 10% 1.10 -4.05 -3.95 30 0.10% 10/USDCZK rate

Trading Hours

*Trading hours for U.S. Equity Markets 16:31 - 22:55 (GMT+3) Monday to Friday.
** Trading hours for London Stock Exchange 10:01 - 18:25 (GMT+3) Monday to Friday.
UK/LSE stocks are quoted in Pence

***Triple Swaps is applied on Wednesday. Swaps may be adjusted daily based on market conditions and are applicable to all open positions. The rates are provided by our Liquidity Providers and are adjusted for corporate actions such as dividends payout.
**** Maximum Trade Size is 5 lots

X

Shares and Indices CFDs Overnight Swap Rates

Positions on shares and indices CFDs are subject to an overnight financing credit/debit charge. Please note that when traders open and close a position within the same trading day, they are not subject to overnight financing.

These overnight charges can be adjusted for corporate actions such as cash dividends pay outs, exchange offers, dividend options, bonus issues etc.

For example, if a share CFD traded by the client and held overnight pays out dividend on that date (goes ex-dividend date), then the client with a long position will be entitled to receive the dividend as an adjustment in the swap. In the case that the client holds a short position on the share CFD, this position will be charged the relevant dividend adjustment through the overnight swap. In this example the swap for long positions will be increased to reflect the dividend payment, and the swap for the short positions will be decreased respectively.

The above applies both for single shares CFDs and for all equity indices offered by HotForex. Equity indices are most likely to incur frequent dividend swap adjustments as the underlying of equity indices consist of many stocks.

Triple swaps are applied every Friday on all open positions held over the weekend for CFD on Indices.

Triple swaps are applied on all open positions held every Wednesday for CFDs on Shares.

All swap rates are updated on both the company’s website and the MT4 platform with a cut off time 14:30 GMT.