MARKET INSTRUMENTS
Understanding the instruments
01 · MARKET MAP
See what moves each market
Forex
This is about the relative value of currency pairs. Rate differentials, central bank policy, inflation and employment data, and liquidity are the main drivers.
Indices
Follow a market measure built from many companies. Look at its constituents, its trading hours and country-specific issues together.
Commodities
Energy, metals and agricultural markets. Supply and demand, inventories, seasonality, weather and geopolitics all feed into the price.
Share CFDs
A product linked to a company share price. Keep earnings, dividends and corporate actions separate from what it means to actually own the share.
Futures CFDs
Expiry and rollover matter here. Check how a change of contract month in the underlying future affects both price and cost.
Bonds
A market sensitive to interest rates and credit risk. Understand how rising rates relate to bond prices, and the maturity structure, first.
Crypto CFDs
These can be highly volatile and trade almost continuously. Always check regional availability and weekend trading terms.
02 · CHECKLIST
Compare four terms before you trade
Trading hours
Holidays, daylight saving and daily maintenance windows can change when you are able to place orders.
Cost structure
Check for spreads, commissions, swaps and currency conversion costs.
Margin
Check leverage, maintenance margin and the forced-liquidation threshold in your account screen.
Contract size
Verify the minimum trade size, the tick value and how profit and loss is calculated in a demo environment.
OFFICIAL REFERENCES