CFD News from Interactive Brokers
As part of an ongoing effort to expand our CFD offering, IB is pleased to announce the availability of index based CFDs. Effective immediately, CFDs based upon 8 major European stock market indexes are now available, with additional contracts representing major U.S. and Asia Pacific stock indexes scheduled to be made available in the near future. Details regarding these European index based CFDs, along with the main contract specifications and commissions are provided in the table below.
Additional features of our CFD product line are as follows:
Low Commissions & Financing Rates: Unlike many other Index CFD providers, IB compensation is derived solely from a transparent commission, with no widening of the spread through a mark-up or mark-down. Commissions vary by index, ranging from 0.005% - 0.01%. Overnight financing rates are based upon the relevant benchmark interest rate +/- 1.5%.
Transparent Quotes: Because IB does not widen the spread, the Index CFD quotes accurately represent the spreads and price movements of the related future, and there are no re-quotes. In other words, the quote you see is what you get.
Flexible Exposure to Major Markets: IB Index CFDs can be traded in lots as small as 1X the index level, a fraction of the size of the related futures. Moreover, unlike the related futures, the CFD does not expire and therefore, does not need to be rolled over.
Margin Efficiency: IB Index CFDs are margined at the same low rates as the related future, adjusted for contract size (subject to a minimum of 5%).
IB Index CFDs
Contract IB Symbol Commission Min/Order Currency
UK 100 IBGB100 0.005% 1.00 GBP
EURO 50 IBEU50 0.010% 1.00 EUR
GERMANY 30 IBDE30 0.005% 1.00 EUR
FRANCE 40 IBFR40 0.010% 1.00 EUR
ITALY 40 IBIT40 0.010% 1.00 EUR
SPAIN 35 IBES35 0.010% 1.00 EUR
NETHERLANDS 25 IBNL25 0.010% 1.00 EUR
SWITZERLAND 20 IBCH20 0.010% 1.00 CHF
Account holders who currently trade IB share based CFDs need only to request the free index CFD market data subscription through Account Management. If you are new to IB CFDs, you will also need to request CFD trading permissions through Account Management.
To learn more please see IB Index CFDs - Facts and Q&A
Interactive Brokers
As part of an ongoing effort to expand our CFD offering, IB is pleased to announce the availability of index based CFDs. Effective immediately, CFDs based upon 8 major European stock market indexes are now available, with additional contracts representing major U.S. and Asia Pacific stock indexes scheduled to be made available in the near future. Details regarding these European index based CFDs, along with the main contract specifications and commissions are provided in the table below.
Additional features of our CFD product line are as follows:
Low Commissions & Financing Rates: Unlike many other Index CFD providers, IB compensation is derived solely from a transparent commission, with no widening of the spread through a mark-up or mark-down. Commissions vary by index, ranging from 0.005% - 0.01%. Overnight financing rates are based upon the relevant benchmark interest rate +/- 1.5%.
Transparent Quotes: Because IB does not widen the spread, the Index CFD quotes accurately represent the spreads and price movements of the related future, and there are no re-quotes. In other words, the quote you see is what you get.
Flexible Exposure to Major Markets: IB Index CFDs can be traded in lots as small as 1X the index level, a fraction of the size of the related futures. Moreover, unlike the related futures, the CFD does not expire and therefore, does not need to be rolled over.
Margin Efficiency: IB Index CFDs are margined at the same low rates as the related future, adjusted for contract size (subject to a minimum of 5%).
IB Index CFDs
Contract IB Symbol Commission Min/Order Currency
UK 100 IBGB100 0.005% 1.00 GBP
EURO 50 IBEU50 0.010% 1.00 EUR
GERMANY 30 IBDE30 0.005% 1.00 EUR
FRANCE 40 IBFR40 0.010% 1.00 EUR
ITALY 40 IBIT40 0.010% 1.00 EUR
SPAIN 35 IBES35 0.010% 1.00 EUR
NETHERLANDS 25 IBNL25 0.010% 1.00 EUR
SWITZERLAND 20 IBCH20 0.010% 1.00 CHF
Account holders who currently trade IB share based CFDs need only to request the free index CFD market data subscription through Account Management. If you are new to IB CFDs, you will also need to request CFD trading permissions through Account Management.
To learn more please see IB Index CFDs - Facts and Q&A
Interactive Brokers