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.
* Short selling on CFD is currently unavailable until further notice
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 |
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| Trading Hours | Malaysia Time (Monday – Friday): 09.01 – 12.30 ; 14.30 – 16.45 |
| Settlement Currency | MYR |
| Contract Size | Minimum 100 contract |
| Margin Requirement | Please refer to the product list |
| Product List | FBM KLCI Product List FBM MID 70 Product List |
Investors must understand and agree to the following terms & conditions when trading CFDs with us.
