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CFD Trading Specifications

Get to know more about CFD by Fullerton Markets

ITEM U30USD (US DJ30) SPXUSD (US SP500) NASUSD (US Tech 100) D30EUR (German 30) 225JPY (Japan 225) H33HKD (Hong Kong 33) 100GBP (UK 100) 200AUD (Australia 200)

Contract Size

The units of CFD that made up a standard Lot on Fullerton Markets. e.g. 1 lot of 225/JPY CFD is made up of 10 units of 225/JPY contracts.

1 10 1 1 10 10 1 1

Minimum Lot

The minimum lot size tradable on Fullerton Markets.

1 1 1 1 1 1 1 1

Incremental Steps

The minimum incremental lot size tradable on Fullerton Markets.

1 1 1 1 1 1 1 1

Maximum Lot

The maximum lot size tradable on Fullerton Markets. eg. 250 lots of 225/JPY is made up of 2,500 units of 225/JPY contracts.

250 250 250 250 250 250 250 250

Denominating Currencies

USD USD USD EUR JPY HKD GBP AUD

Margin Requirement

1% 1% 1% 1% 1% 1% 1% 1%
ITEM   U30USD (US DJ30) SPXUSD (US SP500) NASUSD (US Tech 100) D30EUR (German 30) 225JPY (Japan 225) H33HKD (Hong Kong 33) 100GBP (UK 100) 200AUD (Australia 200)

Trading Hours

(Server Time)

Opening:

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

01:00

Monday - Friday:

00:50

Closing:

Monday - Thursday:

24:00

 

Friday: 23:15

Monday - Thursday:

24:00

 

Friday: 23:15

Monday - Thursday:

24:00

 

Friday: 23:15

Monday - Friday:

23:00

Monday - Friday:

23:15

Monday - Friday:

23:00

Monday - Friday:

23:00

Monday - Friday:

23:00

Break:

23:15 – 23:30 23:15 – 23:30 23:15 – 23:30 - - - - -

Server Time

GMT +2

Daylight Saving

Eastern Daylight Saving Time (EDT)

GMT +2
USA In Eastern Standard Time

GMT +3
USA In Eastern Daylight Time

GMT +2
USA In Eastern Standard Time

 
 

13 March 2022

 

7 November 2022

 

 

 

GMT +2 USA in Eastern Standard Time

13 March 2022

 

13 March 2022

 

GMT +3 USA in Eastern Daylight Time

7 November 2022

 

7 November 2022

 

GMT +2 USA in Eastern Standard Time

 

Charts

Fullerton Markets follows New York market close (5 Daily candles a Week).
 

Leverage

Leverage varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officers for more details.

 

Margin Used

Margin = (Lot Size * Contract Size * Opening Price) * Margin Requirement

Please note that all Indices CFDs have a fixed margin requirement of 1%.
e.g. If you trade 1 lot Long on SPXUSD

SIDE SYMBOL LOT CONTRACT SIZE MARKET PRICE MARGIN REQUIREMENT MARGIN
Long SPXUSD 1 10 $4000.23 1% $400.02
 

Margin Used (When Hedged)

Total Margin used will be 0% of each trade.
e.g. If you trade 1 lot Long on SPXUSD and 1 lot Short on SPXUSD

 

Please note that there is no margin requirement for a fully hedged trading account. However, clients should manage their account with respect to market volatility and swap charges. The account can still be stopped out if the Equity of the account is less than $0.

SIDE SYMBOL LOT CONTRACT SIZE MARKET PRICE

MARGIN

REQUIREMENT

MARGIN HEDGE MARGIN
Long SPXUSD 1 10 $4000.23 1% $400.02 $0
Short SPXUSD 1 10 $4000.10 1% $400.01 $0
 
 

Swap

Swap = (lots * [CFD Swap in Symbol Currency Value])


Fullerton Markets swap rates are competitive Bank Swap rates offered by our extensive liquidity partners. The CFD swaps on Fullerton Markets MetaTrader4 and MetaTrader5 are inclusive of Carry Cost and Dividend and are based on the denominating currencies of the CFD.

 

CFD Swap = (Carry Cost + Dividend)

ITEM DESCRIPTION
Carry Cost

Carry Cost is the financing cost charged for holding a CFD position open on the market overnight. CFD is a geared product, the usage of leveraging means that a portion of the trade will be financed through borrowing from the banks to open a CFD contract.

 

Carry Cost differs and depends on the relevant overnight interbank interest rates.

Dividend

An index is a portfolio of securities, representing a particular market’s performance. Dividend is the amount of earnings a listed public company pays to its shareholders for investing in the company.

 

The index CFD on Fullerton Markets are subjected to dividend payout, however the dividend payout varies depending on stock markets’ performance.

 

3 Times Swap: Friday

CFD contracts on Fullerton Markets are spot contracts and deliverable on T+1 (Trading day +1). To accommodate for Saturday and Sunday, the bank charges 3 times of Carry Cost on Friday. On Friday the CFD Swap on Fullerton Markets are inclusive of the 3 times Carry Cost.

 

Effective Friday CFD Swap = (Carry Cost*3 + Dividend)

 

On Fullerton Markets MetaTrader 4 & MetaTrader5 platform, CFD Swap are charged 3 times on Friday. To accommodate for this calculation, the “Effective Friday CFD Swap” are divided by three. Client holding CFD on Friday will be charged 3 times of “Friday CFD Swap”

Friday CFD Swap = [Effective Friday CFD Swap]/3

margin-call

Margin Call

Margin Call: (Equity)/(Margin Used) < (“Margin Call Percentage”)

Margin call happens when the total Equity is less than the “Margin Call Percentage” of the total margin used. To prevent the account from being stopped out, traders are advised to top up their account or to close out some positions to reduce margin used, and to avoid the possibility of being stopped out. The “Margin Call Percentage” varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officers for more details.

stop-out

Stop Out

Stop Out: (Equity)/(Margin Used) < (“Stop Out Percentage”)

Stop Out happens when the total Equity is less than the “Stop Out Percentage” of the total margin used. When Stop Out level is reached, existing positions may be automatically closed out by the MetaTrader4 and MetaTrader5 server.


The “Stop Out Percentage” varies on the account type and agreement with Fullerton Markets. Please speak to our customer service officers for more details.

We Execute and Provide the Best Liquidity

execution_market-execution
Market Execution

Fullerton Markets offers the best liquidity with lowest latency connection to our extensive tier-one liquidity partners. All trades at Fullerton Markets are executed directly with the market without requotes.

execution_STP
STP

Fullerton Markets employs “Straight Through Processing” (STP), passing on customers’ trades directly to our tier-one liquidity providers.

execution_slippage
Slippage

Fullerton Markets aims to provide clients with the best trading execution available, and to fill all orders at the requested rate. However, there are times when orders may be subjected to slippage due to an increase in volume and/or volatility. Slippage most commonly occurs during fundamental news events or periods of limited liquidity. During such periods, your order type and quantity requested can have an impact on the overall execution you receive.

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