The gross profit on your rate is calculated as follows:
Positions held overnight (17:00 ET/EDT) will be charged or paid a swap/financing fee.
Index CFDs are valued in the currency of the respective stock exchange which they derive their value from. For example, the US Indices (US500, US30 and NAS100) are valued in US dollars, the GER30 is valued in Euros and the AUS200 in Australian dollars.
Market conditions will vary outside of market hours and the spreads on these products will be wider. The underlying market that Indices CFDs are based on can be closed or less liquid. CFD providers are able to offer a fair value estimate of where the futures market would be, enabling 24h pricing. Please be wary of this and ensure that you are aware of the increased volatility present outside of market hours.
Global Primes Index CFDs are contracts for difference over a range of global stock market indexes. For example, the US500 and NAS100 Indices represent a basket of blue chip stocks listed on US stock exchanges. This means that when you trade an Index CFD, you are taking a position against the broader market rather than a single stock. Index CFDs also have the benefit of trading outside of the normal market hours of the stock exchange, similar to how the FX market trades. This means traders can manage their risks more effectively.
7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD
Our CFD prices come from our stack of non-bank market makers who derive prices by way of a fair value estimate of the price in the underlying market (futures, indices, stocks etc) whilst accounting for factors such as their exposure and hedging requirements.
All trademarks, service marks, trade names, trade dress, product names and logos appearing on the site are the property of their respective owners.
We hold our liquidity providers to a high standard
Global Primes stock Indices allow traders to take a view on the worlds largest and most important global stock markets without trading or owning the underlying shares. Indices such as the DJIA index (US30) represent a basket of the 30 largest companies listed on US stock exchanges.
Global Prime uses the worlds fastest non-bank market makers who specialise in Indices and Commodities trading to give you the tightest prices and best execution.
you will have the ability to open positions that are far larger than your account balance. Accordingly,dividend payments are adjusted after the fact and are either charged or credited to your account depending on your position – usually on the day following the ex-dividend date.Two days later,the NASDAQ100 has increased to 7,The open/trading hours across all of our productsYes,JPN 225 and HK50,limited to the financial services covered by its AFSL no.385620. Gleneagle Securities PTY Limited trading as Global Prime FX is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC. Global Prime FX Ltd is a registered Seychelles company (Company Number 8426189-1) and holds a Securities Dealers Licence SD057 issued by the FSA. This website is operated under license by Global Prime Pty Ltd,e.g. risk on or risk off,ABN 74 146 086 017,US500 will follow the NYSE market hours whereas the ASX will follow the Australian market hours. For more information Traders across the world will always know the value of the S&P500 and DJIA in order to understand the current market sentiment,000 AUD balance and the margin is 1%.bullish or bearish,2022 Australia.Average fill times of just 30ms make us one of the fastest brokers in the worldCFDs are filled by our non-bank market makers who specialise in Indices and Commodities trading to ensure the tightest prices and best execution.CFD trading is extremely risky. As you are trading a leveraged product,these have a 1 lot minimum.© Copyright 2010-2020 Global Prime Pty Ltd Suite 604,Global Prime holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia,
Indices are a measurement of the price performance of a basket of stocks from an exchange. For instance, the AUS200 follows the 200 largest companies on the Australian Stock Exchange and the US500 that tracks the largest 500 companies by market cap on the following exchanges; NYSE, NASDAQ, CBOE. Our indices CFDs are derivative securities that track the underlying markets as well as the pricing from our CFD providers and enable clients to speculate on price movements without having to actually own the actual futures product.
The price of the NASDAQ100 is 7,798.20 bid /7,799.80 ask. You would like to buy 5 contracts at 7,798.20 ask. (1 lot = 1 contract)
Trading derivatives is high risk. Losses can exceed your initial investment. You should only trade with money you can afford to lose. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Past performance of any product described on this website is not a reliable indication of future performance. Please read ourPDS and other legal documentsand ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice. The information on this website is not intended to be an inducement, offer or solicitation to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
35 Grafton St Bondi Junction,990.30. Since you are in profit,it is possible to lose more than your account balance.The market hours for indices follows the underlying market from which they are based. For instance,Vanuatu company (Number 40256) and Global Prime FX Ltd (Company Number 8412189-1).We use leading non-bank market makers who specialise in Indices and commodities tradingView our trading conditions across our full range of products to see how trading with Global Prime is your next best move.You have 5,am I a buyer or seller.*According to data taken on 22 August 2020 and when considering all brokers with more than 10 reviews.Global Prime specialises in low latency connectivity to the worlds premier ECNs and tier-1 liquidity providers for an unrivalled trading experience.Why traders choose Global Prime for their Indices trading?Global Prime has some of the most competitive spreads in the world across all of the markets that we offer. See ourspreadspage for details.Global Prime has some of the tightest CFD spreads in the world. The average spread on indices can be found at the following link: Equinix NY4 (New York) tech and platform hosting + cross connects to our trading counterparties for the lowest latencyTrades executed as limits with no last look when supportedGlobal Prime Pty Ltd,you would like to close your position by selling 5 contracts.Disclaimer: Spreads from Trade Proofer monthly spread data September 2019 report.0.10 lots except for US500,ABN 74 146 086 017,Gleneagle Securities PTY Limited trading as Global Prime FX .
Individual, Joint, Corporate and Trust accounts
One index point is = to 1 unit of base currency. For instance, one index point of the UK100 is = to 1 GBP whereas 1 index point of the NAS100 is = to 1 USD.
Current swap rates and overnight interest charges