Contracts for Difference or CFD allow you to speculate on future price movements of the underlying asset, without actually owning the underlying asset. It is a tradable contract between you and Phillip (also known as a CFD Provider), who are exchanging the difference in the current value of a share or index and its value at the contract’s end.
The Ability to Perform Short Selling
CFD allow short selling, for any duration you wish. As opposed to Buy Low and Sell High, investors can now sell first when the price is high and buy it back when the price drops and vice versa. In other words, it gives investors a flexible tool.
CFD Provide Leverage
CFDs are traded on leverage. The capital outlay to open contracts will be only a fraction of the market value. Lower margins allow traders to have a higher buying power thus optimizing investor’s capital.*
Contract Specifications |
Bursa Malaysia CFDs |
| Trading Hours | Malaysia Time (Monday – Friday): 09.01 – 12.30 ; 14.30 – 16.45 |
| Settlement Currency | MYR |
| Contract Size | Minimum 100 units |
| Margin Requirement | Please refer to the product list |
| Product List | Bursa Product List |
Contract Specifications |
NYSE / NASDAQ CFDs |
| Trading Hours | Malaysia Time(Monday – Saturday): 21.30 – 04.00 (Daylight Saving Time*)
Malaysia Time(Monday – Saturday): 22.30 – 05.00 (Non Daylight Saving Time)
* US Daylight Saving Time – begin each year at 02.00 on the 2nd Sunday of March and ends at 02.00 on the 1st Sunday of November |
| Settlement Currency | USD |
| Contract Size | Minimum 1 unit |
| Margin Requirement | Please refer to the product list |
| Product List | NYSE NASDAQ Product List |
| Trading Holidays | 2022 Trading Holidays |
Contract Specifications |
US Index CFDs |
| Trading Hours | Malaysia Time(Monday – Saturday): 07.01 – 04.00 (Daylight Saving Time*)
Malaysia Time(Monday – Saturday): 07.01 – 05.00 (Non Daylight Saving Time) * US Daylight Saving Time – begin each year at 02.00 on the 2nd Sunday of March and ends at 02.00 on the 1st Sunday of November |
| Settlement Currency | USD |
| Contract Size | US$1 x Index CFD Price x Quantity |
| Margin Requirement | 5 % |
| Product List | Wall Street Index (US30) , US Tech 100 Index (NAS100) and US SP 500 Index (SPX500). |
| Trading Holidays | 2022 Trading Holidays |
Investors must understand and agree to the following terms & conditions when trading CFDs with us.
For more information on the new Contract For Difference (CFD), please do not hesitate to contact us at (603) 2162 1628 / (603) 2711 0026 or fill in your contact details below and our Marketing Personnel will assist you soonest possible.
