Phillip CFD - All you need to know about Contracts For Difference

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 Indices Infosheet
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CFD Explained
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Contact Us
Trading Line: (65) 6336 3338
Account Enquiry: (65) 6336 4564
Fax: (65) 6334 2015
Email: cfd@phillip.com.sg

Night Dealing: (65) 6535 1144 /
6532 0696
(US CFD, from 9:30pm onwards)

PhillipCFD Launches CFDs
On Exchange Traded Funds
• Diversify Your Portforlio
• Trade on Hong Kong Exchange

Read more about it here

What is CFD?
Contracts For Difference (CFD) has been a popular trading tool for the active investors in many countries like the United Kingdom, United States, Australia, and is now making inroads to Singapore.

Phillip CFD is an investment instrument that allows you to participate in the price movement of an underlying share. The CFD contract is an agreement to buy (Long) or ‘short-sell’ (Short) an underlying share. Investors increasingly look to CFD to profit in both the rising and falling markets.

Benefits of trading Phillip CFD
Trading CFD is similar to share trading. However, no share ownership is involved as it is a derivative suited for investors who want to benefit from the price movements of the underlying share. Therefore, CFD trading overcomes the hassle of share clearing and settlement, offering investors greater trading convenience and better features as to normal share trading.

Invest more with greater leverage
“Short Sell” without hassle
Transparent pricing; No additional spread
Trade CFD through POEMS
30 Days “Contra”
Access to Global Markets
7 days financing free
More than 500 Global Stocks

CFD vs. Shares Trading

CFD Trading	Shares Trading
T + 30 calendar days settlement Take better advantage of the market price movement with our longer 30 calendar days ‘CONTRA’ deadline.	3 market days Take advantage of the market price movement with a 3 business days ‘CONTRA’ deadline.
5 times investment power Phillip CFD allows you to hold a more diversified portfolio when you can leverage up to 5 times on your initial capital. Margin requirement is 20% of your market portfolio, which is marked-to-market daily.	3 times investment power Traditional Margin Trading offers clients a 3 times leverage on your initial capital.
‘Short-sell’ without hassle CFD is the only trading tool that allows you to ‘short-sell’ shares effectively without having to borrow them. And, overcomes ‘short-selling’ restrictions in many of the active stock exchanges.	‘Short-sell’ using SBL account Before ‘short-selling’, you are required to borrow the shares via the Share Borrowing & Lending (SBL) account.

* Please refer to Phillip CFD Information Sheet for more details on cost and others.