CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60.0% of retail investor accounts lose money when trading CFDs with IBKR. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| CFD Type | Equity | Equity Index | Forex | Metals |
|---|---|---|---|---|
| Underlying | 1 Share from list of approved shares | Index level derived from Fair Value-Adjusted Future | Spot currency pair, e.g. EUR.USD | London Spot Gold and Silver |
| Contract Unit (Face Value) | 1 share | 1 X Index Level | 1 unit of base currency | Fine Troy Ounce |
| Minimum Order Size | Contract Unit | Contract Unit | Defined by contract base currency, approx USD 25,000 equivalent. 1-unit increments after minimum is met. Applies to both opening and closing transactions. | Contract Unit |
| Contract Currency | Trading Currency of Underlying Share | Trading Currency of Related Future | Contract base currency | USD |
| Cash Flow Currency | Contract Currency | Contract Currency | Realized P&L and carry interest debited or credit in the contract quote currency. IB does not automatically convert such balances to the account base currency. The balances are subject to interested at IB cash rates. | USD |
| Contract Interest Base Rate | Standard IB benchmark rates | Standard IB benchmark rates | Benchmark differential +/- IB spread | Standard IB benchmark rates |
| Contract Interest Currency | Trading Currency of Underlying Share | Trading Currency of Related Future | Quote currency | USD |
| Commission Currency | Trading Currency of Underlying Share | Trading Currency of Related Future | Contract quote currency. Commissions are converted to account base currency and charged to cash. | USD Gold USD 0.01 |
| Display Price (Underlying) | Matches Smart-routed quote for the underlying share | Index Points quoted to 2 decimal points | Default 0.5 pips. 0.1 pips configurable in TWS Note: Executions always in 0.1 pips regardless of display price configuration |
Silver USD 0.0001 |
| TIC Increment | Per Exchange Rules for Underlying Share 1 | Per Exchange Rules for Related Future 1 | Default 0.5 pips. 0.1 pips configurable in TWS Note: Executions always in 0.1 pips regardless of display price configuration | Per Exchange Rules for Related Spot Instrument |
| Trading Hours | 09:00-17:30 CET | US and Europe 09:00-22:00 CET Asia regular hours of related future |
Trading week Sun 1715 – Fri 17:00 EST Continuous quoting except 17:00-17:15 daily EST Sat closed |
00:00 - 23:00 CET |
| Public Holidays | Exchange Holidays applicable to the underlying share | Exchange Holidays applicable to the related future | Per Forex Holiday Calendar | Exchange Holidays applicable to Related Spot Instrument |
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
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products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
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