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CFD

CFD, contract for difference is a tradable instrument that mirrors the movements of asset underlying it. It allows profits or losses to be noticed when the underlying asset moves in relation to the position taken. However, the actual underlying asset is never owned. Hence, CFD is evaluated by the blue chip in the stock exchange market. 

 

Indicies Contract Detail

Trading Product Explanation Contract Size Margin Smallest
Trading Lot
Biggest
Trading Lot
AUS200 Australia 200 Index 1 Index 1% 0.01 20
GER30 German 30 Index 1 Index 1% 0.01 20
HK50 Hongkong Hangseng Index 1 Index 1% 0.01 20
JPN225 Japan 225 Index 1 Index 1% 0.01 20
NAS100 American Nadaq
100 Index
1 Index 1% 0.01 20
UK100 UK 100 Index 1 Index 1% 0.01 20
US2000 America 2000 Index 1 Index 1% 0.01 20
US30 America Manufacturing
Average Index
1 Index 1% 0.01 20
US500 America SPX
500 Index
1 Index 1% 0.01 20


Precious Metals and Commodities

Precious metals trading is wide-spread and has many advantages for the traders. Exchange rate fluctuations are usually affected by economic and political issues which bring unpredictability to the market. This leads traders to choose to buy gold or silver, two of the most popular precious metals to hedge against the risk. Regardless of how the market condition is, precious metal trading has very little impact to the problem.

Crude oil has been referred to as "black gold". Traders have been using its' price to assess global economical condition. Crude oil can rapidly fluctuates under the influence of supply and demand, which explains crude oil's attraction to traders. BENEFOREX is offering two kinds of crude oil trading which are XTIUSD and XBRUSD.

Trading Product Explanation Contract Size Margin Smallest
Trading Lot
Biggest
Trading Lot
XAUUSD Gold 100 OZ 1% 0.01 20
XAGUSD Silver 5000 OZ 1% 0.01 20
XPTUSD Platinum 100 Troy OZ 1% 0.01 20
XPDUSD Palladium 100 Troy OZ 1% 0.01 20
XTIUSD West Texas Oil 1000 Barrels 1% 0.01 20
XBRUSD Brent Oil 1000 Barrels 1% 0.01 20
XNGUSD Natural Gas 10000 MMBtu 1% 0.01 20


BENEFOREX: Trading Hours Table

Trading Hours Monday Tuesday Wednesday Thursday Friday
Precious Metal 08:01-24:00 00:00-07:00
08:01-24:00
00:00-07:00
08:01-24:00
00:00-07:00
08:01-24:00
00:00-06:55
West Texas Oil 08:01-24:00 00:00-07:00
08:00-24:00
00:00-07:00
08:00-24:00
00:00-07:00
08:00-24:00
00:00-06:55
Brent Oil 10:00-24:00 00:00-07:00
10:00-24:00
00:00-07:00
10:00-24:00
00:00-07:00
10:00-24:00
00:00-06:55
Indies 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
Trading hours are depending on server time, East Australia time GMT+10


RISK DISCLOSURE : Trading in forex comes with high level of risk to your capital and you should trade according to your affordability. RISK DISCLOSURE