Three US Indices
CFD US Index provides opportunities for clients to gain profit by trading the three major US stock indices: CFD Dow Jones, CFD Nasdaq, CFD Standard & Poor.
MPF provides floating spread ( market spread ) for CFD US Index instruments.
All CFD US Index instruments schedules mirror it’s respective exchanges’ schedules.
Minimum order size starts from 0.1 lot for Mini Account and 1.0 lot for Standard Account.
All instruments available under CFD US Index ( DOW30, NASDAQ100, SP500 ) offered by MPF will automatically be rollovered at expiration. Our rollover schedule is 1 day before official exchanges’ schedules.
If you wish to not have your open positions rollovered, we advise you to liquidate your open positions before expiration.
Positions left open at the end of trading day will incur swap charges. Depending on your trade positions ( buy or sell ), swap can be in the form or credit or debit.
It is very important to take into consideration that you may benefit or experience losses due to swap. It is possible and common for some instruments to have both negative swap for buy or sell positions.
Swaps are applied automatically to all Trading Accounts and converted into USD. Swaps are applied daily at 23:59 (server time) and 3-day swap ( 3 x swap rates ) is applied at the end of Wednesday trading day.
Swap rates and updated once every week at Monday and will be valid to the nearest weekend.