Trading Stocks Online

Equities
Instrument Name MT4 Symbol Industry Currency Spread Exchange Standard Contract Size Trading Hours GMT
Altaba(Yahoo) AABA Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2059
Apple APPLE Technology Company USD 0.10 OVER MARKET NSDQ 150 14:31-2059
Alcoa ALCOA Materials Producer USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Alibaba ALIBABA E-commerce Company USD 0.10 OVER MARKET NYSE 150 14:31-2059
Amgen AMGEN Bio-Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Amazon AMAZON E-commerce Company USD 0.10 OVER MARKET NSDQ 150 14:31-2059
Bank of America BOA Banking/Financial USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Berkshire Hathaway BERKB Banking/Financial USD 0.10 OVER MARKET NYSE 100 14:31-2259
Baidu BAIDU Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2059
Biogen BIIB Bio-Technology Company USD 0.10 OVER MARKET NSDQ 1 14:31-2259
Boeing BOEING Aircraft Manufacting USD 0.10 OVER MARKET NYSE 250 14:31-2259
BlackRock BLK Banking/Financial USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Caterpillar CATER Construction Services USD 0.10 OVER MARKET NYSE 150 14:31-2259
Chevron CHEVRON Energy Production USD 0.10 OVER MARKET NYSE 150 14:31-2259
China Mobile CHMO Mobile telecommunication company USD 0.10 OVER MARKET NYSE 100 14:31-2259
Cisco Systems CISCO Technology Company USD 0.10 OVER MARKET NSDQ 1000 14:31-2059
CitiGroup CITI Banking/Financial USD 0.10 OVER MARKET NYSE 100 14:31-2259
Coca Cola COKE Soft drink Company USD 0.10 OVER MARKET NYSE 100 14:31-2259
Credit Suisse CS Banking/Financial USD 0.10 OVER MARKET NYSE 100 14:31-2259
Danaher Corp DHR Industrial Goods USD 0.10 OVER MARKET NYSE 100 14:31-2259
Deutsche Bank DB Banking/Financial USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Electronic Arts EA Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
eBay EBAY E-commerce Company USD 0.10 OVER MARKET NSDQ 500 14:31-2259
Expedia EXPE E-commerce Company USD 0.10 OVER MARKET NSDQ 10 14:31-2259
Exxon Mobil Corp EXXM Energy Production USD 0.10 OVER MARKET NYSE 150 14:31-2259
Facebook FACEBOOK Technology Company USD 0.10 OVER MARKET NSDQ 500 14:31-2259
Ford Motors FORD Motor Manufacturer USD 0.10 OVER MARKET NSDQ 2000 14:31-2259
Garmin Ltd GRMN Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
General Electric GE Energy Production USD 0.10 OVER MARKET NYSE 1000 14:31-2259
Goldman Sachs GS Banking/Financial USD 0.10 OVER MARKET NYSE 1 14:31-2259
Google Inc GOOGLE Technology Company USD 0.10 OVER MARKET NSDQ 25 14:31-2259
GO PRO GPRO Technology Company USD 0.10 OVER MARKET NSDQ 250 14:31-2259
Honda Motors HMC Motor Manufacturer USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Hewlett Packard HP Software company USD 0.10 OVER MARKET NYSE 1000 14:31-2259
IBM IBM Technology Company USD 0.10 OVER MARKET NYSE 100 14:31-2259
Intel Corp Intel Corp Technology Company USD 0.10 OVER MARKET NSDQ 1000 14:31-2259
JPMorgan Chase & Co. JPM Banking/Financial USD 0.10 OVER MARKET NYSE 1000 14:31-2259
Manchester United MANCHESTER Sports Teams USD 0.10 OVER MARKET NYSE 1 14:31-2259
Mastercard MCARD Credit Services USD 0.10 OVER MARKET NYSE 150 14:31-2259
McDonalds MCDON Food and Services USD 0.10 OVER MARKET NYSE 100 14:31-2259
Microsoft Corp MSFT Technology Company USD 0.10 OVER MARKET NSDQ 500 14:31-2259
Mobileye MBLY Technology Company USD 0.10 OVER MARKET NYSE 500 14:31-2259
Monsanto MONSANTO Agrochemical company USD 0.10 OVER MARKET NYSE 250 14:31-2259
Morgan Stanley MORSTAN Banking/Financial USD 0.10 OVER MARKET NYSE 1000 14:31-2259
Nike NIKE Consumer Goods USD 0.10 OVER MARKET NYSE 150 14:31-2259
Netflix NETFLIX Consumer Services USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Paypal PAYPAL Banking/Financial USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Pfizer PFIZER Bio-Technology Company USD 0.10 OVER MARKET NYSE 1000 14:31-2259
Seagate SEAGATE Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Starbucks STARBUCKS Consumer Services USD 0.10 OVER MARKET NSDQ 100 14:31-2259
SONY SONY Technology Company USD 0.10 OVER MARKET NYSE 30 14:31-2259
Tesla TSLA Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Tower Semiconductor TOWER Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
Toyota TOYOTA Motor Manufacturer USD 0.10 OVER MARKET NYSE 250 14:31-2259
Twitter TWITTER Technology Company USD 0.10 OVER MARKET NYSE 750 14:31-2259
UBS UBS Banking/Financial USD 0.10 OVER MARKET NYSE 2000 14:31-2259
Vodaphone VOD Technology Company USD 0.10 OVER MARKET NYSE 100 14:31-2259
Visa VISA Financial services company USD 0.10 OVER MARKET NYSE 150 14:31-2259
Wal-Mart Stores WMART Consumer Goods USD 0.10 OVER MARKET NYSE 100 14:31-2259
Western Digitial WDC Technology Company USD 0.10 OVER MARKET NSDQ 100 14:31-2259
ZYNGA ZYNGA Video Game Developer USD 0.10 OVER MARKET NSDQ 1 14:31-2259
3M 3M Manufacturing company USD 0.10 OVER MARKET NYSE 150 14:31-2259

* Margin on all equities is 5%

Explanation of Terms from Table headings

 

Instrument- The FX currency pair or underlying asset of the CFD product to be traded.

Country- The country that the equity or bond is based in.

Standard Contract size- The lot size traded on each platform (Note: CM Trading in MT4 represents the standard lot size).

Standard Spread- The difference between the BID & the ASK price quote for each instrument under normal market conditions.

Margin Per Lot- The required margin to open a single lot of each instrument (Note: It is shown in notional terms).

Overnight Interest Sell/Buy- The overnight interest debited/credited in daily % terms for each instrument.

Trading Hours- The time that trading is available for the specified instrument.

Exchange- The exchange of the underlying asset.

Risk Warning:
Trading CFD’s on margin carries a high level of risk, and may not be suitable for all investors.

Individual Equities Spread Calculation

 

The Individual Equities Trading Conditions display the ‘Spread Over Market’ for Individual Equity Instruments unless otherwise stated. The ‘Spread Over Market’ is the Mark-up CM Trading adds to the Current Market Spread.

Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.

Example

For a trade of 1 APPLE share, with a Spread of 12 pips (0.12), the calculation is as follows:

0.12 X 1 = $0.12*

CM Trading are compensated through the Bid-Ask spread, except when otherwise stated.

CM Trading do not charge commissions on any trade.

Individual Equities Margin Calculation

 

All Instruments are traded on Margin allowing you to Leverage your positions. The Individual Equities Trading Conditions display Margin Amounts as a Percentage (%).

Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*

*Margin Required is calculated in the Currency the Instrument is Denominated in.

CM Trading may double margin requirements on specific stocks prior to earnings release. This is a preventative measure to avoid clients with large exposures in the said equity, falling into negative equity.

Example

For a trade of 1 APPLE share with a Market Price of $500 and a Margin Requirement of 5.00%, the calculation is as follows:

Percentage Margin Requirement: 1 x 500 x 0.05 = $25.00*

Individual Equities Buy/Sell Overnight Interest Calculation

 

The Individual Equities Trading Conditions display the Over-Night Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.

You can use the following formula to calculate your Overnight Interest amount:

Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*

* Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.

Example

For a trade of 1 APPLE share, with an End of Day Market Price of $140 and a Daily Overnight Interest Buy (or Sell) rate of -0.0080%, and subject to a charge for 1 day, the calculation is as follows:

1 x 170 x -0.000080 = -0.0136 = -$0.01* rounded.

Note: CM Trading platforms display overnight interest (swaps) in annualised terms.

Individual Equities Corporate Actions & Calculation

 

Individual Equities may at some stage partake in a Corporate Action; these can include Dividends, Rights Issues, Stock/Reverse Splits, Mergers, Acquisitions, Takeovers etc.

Dividends: For any individual equity on the CM Trading trading platforms that declares a dividend, CM Trading will make an Adjustment to every account that holds said equity, at the end of the cum-dividend day. This will be one day before the ex-dividend day.

The adjustment made to accounts will be:

1. Long Positions will be Credited with 90% of the Gross dividend.

(Amount of Shares x Gross Dividend) x 0.90

2. Short Positions will be Debited with 100% of the Gross dividend.

(Amount of Shares x Gross Dividend) x -1

Note: There are no other costs to clients in relation to Dividends.

Example

For a trade of 1 APPLE share, with a GROSS Div. of $1.00, the calculation is as follows:

Long Position: (1 x 1.00) x 0.90 = 1.00 x 0.90 = +$0.90

Short Position: (1 x 1.00) x -1 = 1.00 x -1 = -$1.00

For ALL other Corporate Actions: Rights Issue, Stock/Reverse Splits, Mergers, Acquisitions, Takeovers etc, and as these actions can happen suddenly and without prior knowledge, Open Positions and Orders will be Closed/Removed at the end of the cum-action day at market price on the particular equity.

Note: There are no costs to clients in relation to these other Corporate Actions.

CM Trading is the Brand name of
Global Capital Markets Trading and BLACKSTONE Marketing SA(PTY)LTD (GCMT SA)

Credit cards are processed by CMT Processing Limited, Georgiou Griva Digeni, Pamelva Court, 3035, Limassol, Cyprus. Reg. No. HE340325.

 

HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

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