CFD stands for Contracts for Difference. It is simply margined trading. When the position is closed, you pay or receive the profit or loss made on the trade.
A CFD gives you all the benefits of the underlying cash equity whilst avoiding many of the typical costs associated with dealing in the physical underlying product. CFD trading allows you to gain cost-effective, flexible and geared exposure to financial products globally.
As it is a margined product you only have to put up a fraction of the actual value of the trade you wish to do. We have introduced CFDs on indices as well as Forex onto the Meta Trader platform. These can be trialled on the demo platform and it is advised that you practice trading them first if you are not familiar with the product.
People trade in CFDs for a variety of reasons:
AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp (ACN 127 606 348) is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL number 318232. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiCorp is not a financial adviser and all services are provided on an execution only basis. AxiCorp is authorised to provide general advice only and information is of a general nature only and does not take into account your financial objectives, personal circumstances. AxiCorp recommends that you seek your own independent personal financial advice before you decide to invest in our products. A Product Disclosure Statement (PDS) for our financial products and our Financial Services Guide (FSG) are available on this website or can be obtained free of charge by calling AxiCorp on 1300 888 936 (+61 2 9965 5830). The PDS and FSG are important documents and should be reviewed prior to deciding whether to acquire, hold or dispose of AxiCorp’s financial products or services. The information on this website is for Australian residents only.