CFDs

Conditions for online trading at FXFlat

Costs for CFD trading with FXFlat

Anyone wanting to trade with FXFlat CFDs can rely on keen, transparent prices. You do of course pay for the spread (the difference between the buying and the selling price), but no other costs for CFD trading are incurred - apart from positions on share CFDs. Furthermore, there are no finance costs for any transactions within one day. You pay a small finance fee for any positions (both long and short positions) held overnight. 

You can hold your CFD positions for days, weeks or months. For prolonged periods, however, you should consider the conditions for holding overnight positions.

• Long or short positions overnight, are charged with the Alternative Reference Rate in the respective currency plus a spread component.
• Share dividends on CFD positions are credited for long positions with a deduction of up to 15%, and charged for short positions on the ex-day.

» See all prices & conditions - Account management fees, payment transactions, dividends etc. for Forex and CFD trading.

Available Ordertypes

Order types available in CFD trading

FXFlat offers you numerous order types for CFD trading, which you can use to optimum effect for your open positions - either to safeguard profits or limit losses.

• Market Order – an order to buy/sell a CFD which is executed immediately at the next negotiated price. However, this most common type of order in CFD trading requires increased caution, especially given the high fluctuation range (volatility) of the market. This is because the next negotiated price might be very different.
• Limit Order – specifies that the selected CFD has to be executed at a defined, better price. Limit orders are used either to open a new position or to hedge existing positions.
• Stop Order – an order for limiting losses or safeguarding profits. A stop order can be used to open a new position but is normally used to hedge the position in case of a negative rate development (stop loss).
• Order Cancels Order (OCO) – a limit order for profit-taking, connected to a hedging stop loss. When one of the orders is executed, the other is automatically cancelled. This allows you to automatically continue your CFD trading even if you are unable to observe the market at the present time.
• Parent and Contingent Order – two separate orders that are linked via a when/then variant. The contingent order is activated only when the parent order is executed. This allows you to activate orders on your trading platform even in your absence, and pursue the appropriate exit and risk management strategy.