How do share CFDs work?

The stock or equity market reflects official market prices and allows investors to open positions instantly without owning the underlying security. Traders access global stock exchanges from CHAINWAVE FINANCIAL and MetaTrader 5 and they can go short and long, benefiting from the leverage.

Trade Derivatives on the shares of some of the world’s largest and well-known companies such as Apple, Amazon and Facebook.

Rollover Policy

Trading Hours

Execution Desk

Advantages of trading Derivatives on shares with CHAINWAVE FINANCIAL Markets

Cost-effective

Low spreads

Fast execution

Strong liquidity

Competitive commission

Shares Contract Specifications

find Key Information Document (KID)

find Cost and Charges information

				Swap values in margin currency		Trading Hours (GMT+2)
Symbol	Description	Typical Spreads in quote currency per unit	Leverage (up to)	Short	Long	Monday Open	Friday Close	Break
Adidas.K	EURONEXT - Adidas Salomon	0.32	1:5	-1.86	-1.24	10:01:00	18:24:59	-
AIRFKLM.K	EURONEXT - Air France - Klm	0.028	1:5	-0.14	-0.22	10:01:00	18:24:59	-
ALCOA	NYSE - Alcoa	0.04	1:5	-0.08	-0.22	16:31:00	22:54:59	-
ALIBABA	NYSE - ALIBABA	0.14	1:5	-0.32	-2.55	16:31:00	22:54:59	-
AMAZON	NASDAQ - Amazon	2.33	1:5	-1.99	-21.04	16:31:00	22:54:59	-
AMEX	NYSE - American Express	0.05	1:5	-0.77	-1.45	16:31:00	22:54:59	-
ANGLO	LSE - Anglo American	1.17	1:5	-0.14	-0.22	10:01:00	18:24:59	-
APPLE	NASDAQ - APPLE	0.04	1:5	-0.68	-3.53	16:31:00	22:54:59	-
Bankia.K	MAC - Bankia SA	0.09	1:5	-0.14	-0.22	10:01:00	18:24:59	-
BARC	LSE - Barclays	0.5	1:5	-0.02	-0.03	10:01:00	18:24:59	-
Bayer.K	EURONEXT - Bayer AG	0.14	1:5	-0.44	-0.29	10:01:00	18:24:59	-
BBVA.K	MAC - BBVA	0.08	1:5	-0.1	-0.2	10:01:00	18:24:59	-
BOA	NYSE - Bank Of America	0.04	1:5	-0.16	-0.38	16:31:00	22:54:59	-
BOEING	NYSE - Boeing Co	0.11	1:5	-0.78	-4.08	16:31:00	22:54:59	-
BPLON	LSE - BP Plc	0.18	1:5	-0.04	-0.07	10:01:00	18:24:59	-
Canopy	NYSE - Canopy Growth Corp	0.05	1:5	-0.33	-0.41	16:31:00	22:54:59	-
CHEVRON	NYSE - Chevron Corp	0.04	1:5	-0.73	-1.33	16:31:00	22:54:59	-
CISCO	NASDAQ - Cisco Systems	0.04	1:5	-0.14	-0.54	16:31:00	22:54:59	-
COKE	NYSE - Coca Cola Inc.	0.04	1:5	-0.24	-0.63	16:31:00	22:54:59	-
Daimler.K	EURONEXT - Daimler AG	0.12	1:5	-0.27	-0.2	10:01:00	18:24:59	-
Danone.K	EURONEXT - Danone	0.14	1:5	-0.48	-0.32	10:01:00	18:24:59	-
EBAY	NASDAQ - eBay	0.04	1:5	-0.33	-0.45	16:31:00	22:54:59	-
FB	NASDAQ - FaceBook Inc	0.55	1:5	-0.36	-2.48	16:31:00	22:54:59	-
GE	NYSE - General Electric	0.04	1:5	-0.16	-0.2	16:31:00	22:54:59	-
GOOGLE	NASDAQ - Google	1.35	1:5	-3.36	-16.14	16:31:00	22:54:59	-
GS	NYSE - Goldman Sachs	0.1	1:5	-0.99	-2.79	16:31:00	22:54:59	-
GW_Pharma	NASDAQ - GW Pharmaceuticals	0.71	1:5	-0.33	-1.52	16:31:00	22:54:59	-
HLT	NYSE - Hilton	0.06	1:5	-0.13	-1.23	16:31:00	22:54:59	-
HSBCL	LSE - HSBC Holdings	0.5	1:5	-0.06	-0.08	10:01:00	18:24:59	-
Iberdrola.K	MAC - Iberdrola	0.09	1:5	-0.1	-0.2	10:01:00	18:24:59	-
IBM	NYSE - IBM	0.05	1:5	-1.22	-1.58	16:31:00	22:54:59	-
ICAG	IC Airlines Group	0.35	1:5	-0.04	-0.06	10:01:00	18:24:59	-
ILMN	NASDAQ - Illumina Inc	0.4	1:5	-0.88	-3.6	16:31:00	22:54:59	-
INTEL	NASDAQ - Intel	0.04	1:5	-0.2	-0.66	16:31:00	22:54:59	-
LLOY	LSE - Lloyds TSB Group Plc.	0.5	1:5	-0.01	-0.01	10:01:00	18:24:59	-
Lufthansa.K	EURONEXT - DT Lufthansa	0.11	1:5	-0.14	-0.22	10:01:00	18:24:59	-
LVMH.K	EURONEXT - Moet Hennessy Louis Vuitton SE	0.3	1:5	-2.55	-1.7	10:01:00	18:24:59	-
Mapfre.K	MAC - Mapfre	0.09	1:5	-0.14	-0.22	10:01:00	18:24:59	-
MCARD	NYSE - MasterCard	0.22	1:5	-0.45	-3.53	16:31:00	22:54:59	-
MCDON	NYSE - McDonalds	0.13	1:5	-0.61	-2.46	16:31:00	22:54:59	-
MSFT	NASDAQ - Microsoft	0.04	1:5	-0.25	-1.83	16:31:00	22:54:59	-
Natwest	LSE - NatWest Group	0.5	1:5	-0.03	-0.04	10:01:00	18:24:59	-
Netflix	NASDAQ - Netflix	0.32	1:5	-0.99	-3.84	16:31:00	22:54:59	-
PFIZER	NYSE - Pfizer	0.04	1:5	-0.45	-0.19	16:31:00	22:54:59	-
QCOM	NASDAQ - Qualcomm Inc.	0.04	1:5	-0.99	-1.21	16:31:00	22:54:59	-
RIO	LSE - Rio Tinto Group	1.08	1:5	-0.31	-0.47	10:01:00	18:24:59	-
RollsRoyce	LSE - Rolls-Royce	0.33	1:5	-0.14	-0.22	10:01:00	18:24:59	-
Santander.K	MAC - Banco Santander	0.08	1:5	-0.02	-0.02	10:01:00	18:24:59	-
Telefon.K	MAC - Telefonica	0.08	1:5	-0.14	-0.22	10:01:00	18:24:59	-
TESCO	LSE - Tesco Plc	0.5	1:5	-1.15	-0.01	10:01:00	18:24:59	-

Important

Refer to the Rollover Policy for more details regarding the Swap values calculation methodology.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
Commission charge of 0.1% is applied.
Maximum trade size is 5,000 shares.
All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted after the daily market closure time.

Calculating Shares Margin Requirements - Example

Account base currency: USD
Position: Open 5 lots BUY Netflix Share at 328.36
1 Lot size: 100 shares
Leverage limit: 1:5

Notional value is: 5 * 100 * 328.36 = 164,180 USD
Margin required is: 164,180 USD / 5 = 32,836 USD

How do share CFDs work?

Advantages of trading Derivatives on shares with CHAINWAVE FINANCIAL Markets

Shares Contract Specifications

Important

Calculating Shares Margin Requirements - Example

Markets

Resources

Company