Share CFDs, or Share CFD trading, creates a unique opportunity to speculate on the share price movements of publicly listed companies traded on exchanges such as ASX, NYSE and Nasdaq, without the need to own the underlying stock. You can even take advantage of market conditions when shares are trending in bearish territory.
GO Markets provides both new and experienced traders access to round-the-clock support, powerful platforms and useful educational resources. The advanced MT5 platform carries full EA (Expert Advisor) functionality and superior tools for comprehensive price analysis. Traders can also diversify their existing portfolios with access to over 300+ instruments including Forex, Commodities, Indices, Cryptocurrencies and more.
When you directly trade a share, you are buying and selling a small ownership of a publicly-listed company at prices determined by the market. Share CFDs differ in that they allow you to speculate on the share’s price without taking actual ownership of the underlying asset. This allows you to trade both long and short, whereas only long trading is available with standard share trading.
Additionally, because CFDs are leveraged products, you will only need to deposit a small portion of the full value of the trade in order to open a position. While this will increase any profits, it also means losses can exceed deposits. Standard share trading requires you to pay the full cost of your position upfront, so you cannot lose more than your investment.
Share CFDs are traded at the real market price. We take a small commission when you open the position, and then again when you close it. A breakdown of the costs associated with Share CFD trading with GO Markets is provided in the table below:
|Country||Market Data Fee||Rebate Requirement||Commission Per Side|
|Australia||$22.00||4 Trades||0.08%, with a minimum of AUD$10|
|USA||$0.00||0 Trades||US$0.02 per share, with a minimum of US$15|
Rebate requirement based on Share CFD trades of the specified country only. Market data fees are charged on 1st of every calendar month and reversed at the end of each calendar month if rebate requirement is met on a particular exchange.
To activate Share CFD data feeds, login to the Client Portal. Please note that you can only trade Share CFDs with GO Markets on the MetaTrader 5 platform.