Markets

US World Indices CFD

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Track and trade on underlying US market

Trade in the largest capital market in the world, United States, through US Rus2000 USD10 CFD, US SP 500 USD5 CFD, US Tech 100 USD5 CFD and Wall Street Index USD1 CFD, They are forms of Contracts for Difference (CFDs) that allow clients to trade the underlying index, although the prices may differ from the actual index levels. It tracks the level of the index and thus provides clients a cost-effective way to diversify their portfolio.

Take a bullish or bearish view on the US market with the Wall Street Index USD1 CFD by going long or short respectively. And with a leverage of 5 to 20 times, you can use the US World Indices CFDs to make your money work harder for you.

¹Contract Details

1 Minimum trade size for all World Indices is 1 contract.
2 The marked-to-market closing price will be used to calculate the MM. Phillip CFD reserves the right
to amend margin requirements from time to time.
3 Spreads are subject to variation, especially in volatile market conditions and may widen during out-of-trading hours.

US World Indices CFDs are traded and settled in USD. There will be NO auto-conversion for USD should there be any margin deficit in these currencies. If there are any margin deficit in the respective ledger, clients should submit conversion request to avoid incurring margin debit interest.

Order Types

Investors can place Limit orders using POEMS and CFDTrader.

Example of Long Trade

A client is bullish on Wall Street Index USD1  CFD and buys 1 contract.

Buying Price = 13,500

Scenario 1:

Positions are closed 4 days later at a higher value.

Selling Price    = 13,600

Net Gain / Loss  = US$72.47

Return on Equity = 10.74%

Calculations:

Scenario 2

Positions are closed 4 days later at a lower value.

Selling Price    = 13,400

Net Gain / Loss  = (US$127.50)

Return on Equity = (18.89%)

Example of Short Trade

A client is bearish on Wall Street Index USD1  CFD and short sells 1 contract

Selling Price = 13,500

Scenario 1:

Positions are closed 4 days later at a lower value.

Buying Price     = 13,355

Net Gain / Loss  = US$120.26

Return on Equity = 17.82%

Calculations:

Scenario 2:

Positions are closed 4 days later at a higher value.

Buying Price     = 13,724

Net Gain / Loss  = (US$248.77)

Return on Equity = (36.85%)

Calculations:

World Indices CFD is a highly leveraged trading instrument, and you can lose more than what you put in.