Get exposure on over 13,000 Global and Singaporean companies

Go long or short using CFDs (Contracts for Differences) and capitalise on both rising or falling prices.

The Benefits of CFDs

Go long or short

Unlike the traditional form of share trading, it’s just as easy to potentially benefit from falling markets as rising ones when trading CFDs.

Leverage

By trading on margin, you can potentially increase the profits (or losses) you make from market movements. This means that you only need to deposit a small percentage of the full trade to take a position.

Shares vs CFDs long position example

With the same initial capital outlay of $3,800, you can increase your exposure and therefore leverage your capital with CFDs, leading to an increased return on investment (ROI). Bear in mind that more exposure also brings with it the risk of greater losses if prices fall.

With $3,800, you could get a CFD on $38,000 worth of shares:

Singapore Telecommunications Ltd Buying Shares Buying CFDs
Buy Price $ 3.80 $ 3.80
Shares 1,000 10,000
Trade Size $ 3,800 $ 38,000
Ongoing Margin Required %* 100% 10%
Initial Margin $ 3,800 $ 3,800
Days Position Held 10 10
Sell Price $ 4.00 $ 4.00
Gross Profit $ 200 $ 2,000
Annual Funding Charge % 0% 3.46%
Costs:    
Commission - Open $ 25 $ 38
Funding - 10 days - $ 36.02
Commission - Close $ 25 $ 40
Net profit

$ 150

$ 1,885.98
ROI % 3.9% 49.63%

 

If Singtel dropped by $0.20 and you crystallised a loss by selling out of your position: loss on share CFD will be much higher than traditional shares. Our risk management tools such as Stop Losses and Guaranteed Stop Loss orders (where available) can be used when trading CFDs to manage risk and limit any potential losses.  

*Ongoing or variation margin may be required.

Buy Price: Example price. Subject to change.
Ongoing Margin: Singtel's initial margin requirement is 10%. Ongoing margin may be required depending on the change in value of your open positions.
Gross Profit: ($4.00 - $3.80) x Shares.
Annual Funding Charge %: 2.5% + 1 month SIBOR
Commission – Open: Estimated amount from local brokers.
Funding – 10 days: Example calculated basis the value of trade at point of opening, actual charge is applied daily basis closing price of stock.
ROI%: Net profit / Initial Margin.

Why trade with IG?

  • Go long or short on a wide range of markets including indices, shares, FX and commodities

  • World's largest CFD provider1 and the best forex provider in Singapore.2

  • 24/5 round the clock trading for major global indices 

  • Low spreads from 0.6 points on EUR/USD and AUD/USD

  • Guaranteed stops available for trading in volatile markets

  • We've been an established global market leader for over 40 years.

1 Based on revenue excluding FX (published financial statements, June 2020).
2 Awarded the best forex provider in Singapore by the Global Brands Magazine in 2020

Contact us

Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday

+65 6390 5118

You can also email us helpdesk@ig.com.sg

Visit our storefront office at 9 Battery Road #01-02 MYP Centre Singapore 049910

Please note that our storefront office will be temporarily closed from 7th April 2020 till further notice.