Contracts for Difference (CFDs)

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Trade Contract for Difference (CFDs)

The IBKR Advantage

  • Transparent, low commissions and financing rates
  • Trade CFD Shares, Index, Metals and Forex
  • Margin requirements generally more favorable than those of shares

IB Share CFDs

Over 8,500 Share CFDs available to trade globally.

Additional benefits include:

Transparent, Low Commissions and Financing Rates

Commissions start at 0.5 cents per US share and 0.05% on all other share CFDs, with lower rates available for active traders. Overnight financing charges start at benchmark +/-1.5%, with lower spreads available for larger balances. You will find these rates highly competitive. In addition, UK Stamp Duty, French FTT and Spanish FTT are not payable for CFD transactions.

View CFDs Commissions

Margin Efficiency

CFD margin requirements are generally more favorable than stock margin requirements. Retail clients are subject to a minimum regulatory initial margin of 20%. Additional details are available in IB ASIC Margin Requirements..

Efficient CFD Reference Pricing

Share CFD pricing reflects the exchange-quoted price for the underlying share. IBKR uses its IB SmartRoutingSM technology to determine the CFD reference price. Clients can add quotes to the exchange book in the same way they would trading stocks because IBKR immediately matches all CFD orders with a hedge-order so that a non-marketable CFD order creates a matching non-marketable order for the underlying share on the exchange.

IBKR Share CFDs FAQs

FAQs: IBKR Share CFDs

IB Index and Metals CFDs

Gain broad market exposure more easily than with many other financial products. Additional benefits include:

Flexible Exposure to Global Markets

Index CFDs are available for all major equity market indices and precious metals (London Gold and Silver). Equity indices can be traded in lots as small as 1X the index level. Unlike the related futures, Index CFDs do not expire, saving rollover related costs and risks.

Transparent, Low Commissions and Financing Rates

Depending on the index, commission rates are only 0.005% - 0.01%. Commissions are only 0.015% for Gold and 0.03% for Silver. Overnight financing rates are just benchmark +/-1.5%. IBKR does not widen the spread of the related future or spot underlying like some other brokers. The Index CFD quotes accurately represent the spreads and price movements of the related future* or spot price, and there are no requotes.

Margin Efficiency

Index CFDs are margined at the same low rates as the related future, adjusted for contract size. Retail clients are subject to minimum regulatory margins of 5% or 10% depending on the index or metal.

IBKR Index and Metals CFDs FAQs

FAQs: IBKR Index CFDs

FAQs: IBKR Metals CFDs

*IB hedges all index CFD trades, and does not operate a dealing desk. Fills cannot be guaranteed in extreme markets.

Forex CFDs

Gain exposure to currencies more easily than with many other financial products. Additional benefits include:

Direct Access to Interbank Quotes

Real-time prices from 14 of the world's largest FX dealing banks, plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.

ECN-Like Market Structure

Our order book allows you to set orders away from or between the markets. Trade with other IBKR clients, as well as with the liquidity-providing banks.

IBKR Forex CFDs FAQs

FAQ: IBKR Forex CFDs

Automatic Overnight Position Rolls

For positions held overnight, IBKR applies a straightforward interest credit or charge based on the difference in the benchmark rates for the two currencies and a low IB spread.

FX Trader

Trade Forex CFDs in our optimized FXTrader, which includes real-time streaming quotes, up and down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.

IBKR Forex CFDs FAQs

FAQs: IBKR Forex CFDs

CFD trading tools CFD trading tools

Powerful CFD Trading Tools

FXTrader

The FXTrader provides an optimized trading interface with IBKR-designed tools to trade the currency markets.

Trader Workstation (TWS)

Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility.

IBKR Mobile

Easily trade and monitor your IBKR account on-the-go from your iOS or Android device (tablet or smartphone).

Contract for Difference (CFD) trading at IBKR

Start trading like a professional today!

Pursuant to the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.

Product Disclosure Statements are also available for each of these products. You should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.