Share CFDs
AETOS Share CFDs give clients the ability to speculate on the price movements of public listed companies on exchanges without taking ownership of the underlying stocks. The Share CFDs trading allows you to trade Share CFDs with leverage and low spread, meaning you can gain exposure by depositing a margin (subject to regulatory minimum margin requirements). to gain the full exposure. Using leverage can increase profitable ability but investors may also experience more significant investment losses.
Some of the Share CFDs on the world’s most popular companies including:
- A2 Milk Company Ltd
- BHP Group Ltd
- Rio Tinto Ltd
- Alibaba Group
- Apple Inc
- Tesla Inc
- Xiaomi Crop
- Tencent Holdings Ltd
Product
Specifications:
AU Share CFDs
| Acct Trading Platform | MT5 |
| Margin Requirements | 20% |
| Data Fee** | AUD 10 data fee per month and will be waived after 4 Share CFD trades each month |
| Commission | 0.07% of trading value with a minimum of AUD 7 per trade |
| Trading Volume | 1 lot equals to 1 Share CFD. 10-1,000 lots /per trade with an incremental step of 10. Max of 10,000 lots |
| Minimum deposit | AUD 250 |
| Forced Liquidation | 80% |
| Overnight Funding Rate | Financing Benchmark Rates +- 2.5% |
| Trading time | 10:00 -16:00 AEST （GMT+11） |
US Share CFDs
| Acct Trading Platform | MT5 |
| Margin Requirements | 20% |
| Commission | 2 US cents per lot with a minimum of USD 10 per trade |
| Lot | 1 lot equals to 1 Share CFD. 10-1,000 lots /per trade with an incremental step of 10. Max of 10,000 lots |
| Minimum deposit | AUD 250 |
| Stop out | 80% |
| Overnight Funding Rate | Financing Benchmark Rates +- 2.5% |
| Trading time | 14:31 -20:55 GMT |
Tax consideration in US Share CFDs trading
The US Internal Revenue Service (IRS) requires all non-US resident holders of US equity derivatives including CFDs to be taxed on dividend adjustments. As a result, the Dividend payment on your long positions will be credited to your account with applicable withholding taxes deducted. Please note that the withholding tax deduction doesn't apply to short positions.
You may be eligible to applicable reduced rate, please fill out Form W-8BEN if you are an INDIVIDUAL or Form W-8BEN-E if you are an ENTITY and send it to your account manager for further information.
HK Share CFDs
| Acct Trading Platform | MT5 |
| Margin Requirements | 20% |
| Commission | 0.2% of trading value with a minimum of HKD 50 per trade |
| Trading Volume | 1 lot equals to 1 Share CFD. 10-10,000 lots /per trade with an incremental step of 10. Max of 100,000 lots |
| Minimum deposit | USD 250 |
| Forced Liquidation | 80% |
| Overnight Funding Rate | Financing Benchmark Rates +- 2.5% |
| Trading time | 01:31 – 04:00 & 05:01- 08:00 GMT |
Example:
Example- Buying 1,000 shares(lots) of ANZ Share CFDs in view that Share price will rise.
| Description | Calculation |
| ANZ Share CFD is trading at 18.36/18.40. Buy 1,000 shares(lots) of ANZ Share CFDs at the ask price 18.40. A commission is subject to be charged at 0.07% of the contract value when you opened the position with a minimum of 7 AUD. | 1,000 x 1 x 18.40 = AUD 18,400.00 1,000 x 1 x 18.40 x 0.07% = AUD 12.88 (>7) |
| The leverage level set on ANZ Share CFD is 5:1 which means that AETOS requires 20% of the contract value as an Initial Margin to be deposit into AETOS’ Trading Account. | AUD 18,400.00 х 20% = AUD 3,680.00 (Initial Margin) |
| You hold 1,000 shares(lots) ANZ Share CFDs open overnight and the end of day price of ANZ Share CFD is 18.90. The overnight funding rate of buying ANZ is -2.61%, an interest adjustment would apply. | 1,000 x1 x 18.90 x (-2.61%/360) = - AUD 1.37 |
| ANZ Share CFD is trading at 19.40/19.43 at the next trading day. You close 1,000 shares(lots) ANZ Share CFDs at the bid price 19.40. A commission is subject to be charged at 0.07% of the contract value when you closed the position with a minimum of 7 AUD. | 1,000x 1 x 19.40 = AUD 19,400.00 1,000 x 1 x19.40 x 0.07% = AUD 13.58 (>7) |
| Your total net gain is the difference between the opening position(s) and the closing position(s) plus/less the costs and Interest Adjustment (if applicable). | 19,400 – 18,400 – 12.88 – 13.58 -1.37 = AUD 972.17 |
if ANZ Share CFD is trading at 18.00/18.04 at the next trading day and you close your position at bid price18.00, you would have made a loss of AUD 426.85.