Index CFD

Index CFD – Connect to the Global Economy

Indices serve as benchmarks that track the price performance of specific groups of stocks or related assets, offering valuable insights into market segments. Stock indices typically include the largest companies by market capitalization within their respective markets. Trading index contracts for differences (CFDs) enables you to participate in the global stock index market without the need to hold the underlying assets.

Why trade CFD?

• Profit when markets rise or fall
• Leverage your investment potential and reduce your capital outlay
• Access to a wider range of financial markets
• Mitigate your risk by hedging with CFDs

Spreads

*Slippage may occur during volatile market conditions.
¹ For ECN accounts, a commission charge of USD$4 / €4 per lot applies.
² In the event of any inconsistency between these trading hours and those on MT4/MT5, the trading hours on MT4/MT5 shall prevail.

Our Server Time is set to GMT+3 during DST, GMT+2 after DST.

Leverage Levels

There are different leverages to cater to our clients’ trading preference, with leverage up to 1:500.

Please refer to the available leverages based on the account types.

Margin Requirement

Margin Requirement is an initial deposit required to maintain open positions. A portion of your trading account amount will be set aside as a margin deposit and this will be dependent on your leverage setting.

Cash Indices

Example 1:
Margin requirement for one standard contract position in US30 at 21,534 is calculated as follows:
Margin = Lot Size*Contract Size*Market Price*Margin Requirement
Margin = (1 * 10 * $21,534) *0.01 = USD$2,153.4

Example 2:
Margin requirement for one standard contract position in AUS200 at 5673.23 is calculated as follows:
Margin = Lot Size*Contract Size*Market Price*Margin Requirement
Margin = (1 * 10 * $5673.23*0.01) = AUD$567.32

Assuming your MT4/MT5 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for AUD/USD is 0.79623
Margin = $567.323*0.79623 = USD$451.71

Example 3:
Margin requirement for one standard contract position in JPN225 at 19,882.60 is calculated as follows:
Margin = Lot Size*Contract Size*Market Price*Margin Requirement
Margin = (1*1,000*$19,882.60) *0.01 = JPY$198,826

Assuming your MT4/MT5 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for USD/JPY is 109.725
Margin = $198,826 / 109.725 = USD$1,812.04

Example 4:
Margin requirement for one standard contract position in HK50 at 26848.80 is calculated as follows:
Margin = Lot Size*Contract Size*Market Price*Margin Requirement
Margin = (1*100 *$26,848.80)*0.01 = HKD$26,848.80

Assuming your MT4/MT5 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for USD/HKD is 7.80499
Margin = $26,848.80 / 7.80499 = USD$3,439.95

Example 5:
Margin requirement for one standard contract position in GER40 at 12152.31 is calculated as follows:
Margin = Lot Size*Contract Size*Market Price*Margin Requirement
Margin =(1 * 10 * $12,152.31) *0.03 = EUR$3,645.69

Assuming your MT4/MT5 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for EUR/USD is 1.16525
Margin =$3,645.69*1.16525 = USD$4,248.14

Margin Call

Margin Call is a measure set by the brokerage to alert traders before their account funds fall below the Margin Requirement. This will prevent positions from liquidation due to insufficient Margin Requirement. At Anzo Capital, Margin Call is set at 80%, therefore, if your Equity (Balance – Open Positions Profit/Loss) falls below 80% of the margin required to maintain your positions, a notification within MT4/MT5 will be sent to alert you to make additional deposit to maintain your open positions.

Stop Out Level

If you are unable to maintain sufficient funds in your account after hitting the Margin Call level, and your account funds depreciates to the Stop Out level, your positions will be closed automatically to prevent further losses into the negative territory. At Anzo Capital, Stop Out level is set at 50%.

Index CFD Dividend:

Index CFDs are composed of a group of stocks that may distribute dividends annually. Index CFDs will fluctuate when stocks pay dividends.

For long positions, the dividend adjustment of index CFDs will be credited to the client’s account, while for short positions, the dividend adjustment of index CFDs will be deducted from the client’s account.

The timing for the collection and distribution of index CFD dividends by Anzo Capital is at MT4/MT5 Server Time, reflected in your MT4/MT5 account balance as either a deposit or withdrawal, labeled “CFD Dividend”.

Below are reference rates: