Interactive Investor home page [Logo]

Knowledge Base

Welcome to our knowledge base. To find what you're after, use the search box below or choose a category to view listed questions.

Search the Knowledgebase

Browse by Category

Advanced Search
CFDs rss button
(Page 1 of 2)      Prev | 1 | 2 | Next
There were 24 questions found in this category:
  1. questionCan I sell short?
    It is as easy to sell a stock that you believe is going to fall in price, as it is to buy a stock that you believe will rise. There are restrictions to some stocks as imposed by the FSA that are restricted from short selling, please contact the dealing team for details. CFD Client Services - 084 ...
  2. questionCan Interactive Investor CFDs pay third parties or receive third party cheques?
    No, but we do accept third party receipts.
  3. questionCFD Trading Support
    CFD account holders can deal or obtain support 24 hours a day over the telephone on 0845 070 1152. For non account holders, please refer to our CFD Centre in the first instance or contact us with any specific questions you may have.
  4. questionDo I have any shareholder rights?
    The holder of a CFD:has no shareholder voting rightsreceives no share certificatereceives no shareholder 'perks'but does receive a "synthetic" dividendAs a consequence, the holder pays no stamp duty (0.5%).
  5. questionHow are CFDs priced?
    The price action of an equity CFD is an exact replica of the price action of the underlying stock.
  6. questionHow can a client change his/her stops on-line?
    All stops losses and limits can be set and changed online or over the telephone.
  7. questionHow do I fund my CFD account?
    You can place money in your CFD trading account by: cheque/debit card/Switch card/transfer from your bank/CHAPS. Unfortunately we cannot accept credit cards
  8. questionHow do I log on?
    You will receive your login and password as soon as your account has been approved.Access the Online Trading Platform at www.iii.co.uk/cfd you will then be asked for your account number and password.All markets will then be accessible for you to view the prices.
  9. questionHow do I trade with the Online Trading Platform?
    If you want to trade or place an order you can click on the particular instrument and you can then select the number of contracts you wish to trade and indicate whether you are going long or short. You can also set your stop loss or limit at the same time.You will then receive a confirmation mes ...
  10. questionHow do losses affect this?
    The full value of any running losses must be met daily (variation margin).
  11. questionHow much deposit is required?
    As little as 10% is required as initial margin, on UK 350, S&P 500, Nasdaq 100 and major European stocks. You can see the margin requirement by clicking the Market Information icon on the trading platform for the particular instrument. Margin Requirement is the amount of money you need to deposi ...
  12. questionHow to take money out of your CFD trading account
    You can take money out of your CFD trading account by: cheque, transfer or TT to your bank. (Please note, the TT (telegraphic transfer) costs £25 but clears the same day/refund to Switch).
  13. questionWhat are the commission rates?
    With CFD trading, the commission rates are very low, 0.15% (0.25% for US and Euro stocks) of the value of the shares (minimum charges apply). Check the current charges page for details.
  14. questionWhat are the trading hours for CFDs
    CFDs can be traded online 24 hours a day even when the exchange is closed.
  15. questionWhat if I cannot find the stock listed that I want to trade in?
    Let us know which stock it is that you are interested in and we may be able to quote you a price. Contact us on cfdsupport@iii.co.uk
  16. questionWhat if I have any queries on my trading account?
    Call our 24 hour Client Services on Tel: +44 (0) 845 070 1152 or Our 24 hour Dealing Desk on : +44 (0) 845 070 1151 orEmail us: cfdsupport@iii.co.uk
  17. questionWhat is a CFD?
    A CFD is an agreement between two parties to exchange at the close of a contract, the difference between the opening price and the closing price of the underlying instrument.
  18. questionWhat is gearing (or leverage)?
    This enables a customer to trade a position in much larger size than the margin that is deposited with us. eg For an initial deposit of £1,000, a customer can buy or sell £10,000 of a FTSE 100 share (This is 'gearing' or leverage of 10:1).
  19. questionWhat is MR?
    Margin Requirement is the amount of money you need to deposit with us in order to place a Trade and maintain that position. When you place the Trade you must have sufficient net equity (cash and unrealised Profit & Loss) to pay the Margin Requirement for that Trade, as well as the commission (i ...
  20. questionWhat is the difference between stop losses and guaranteed stop losses?
    A regular stop-loss means that we will take a customer out of a losing position on a 'best efforts' basis once a particular level is reached.eg the stop loss may be at £1.50 per share, but we are only able to sell the position at £1.45A 'guaranteed' stop loss means that the customer ...
(Page 1 of 2)      Prev | 1 | 2 | Next