Shares Trading

Through LMFX single stock CfDs, we are able to open the world of the stock markets of the U.S. and United Kingdom whilst at the same time affording you the most efficient way of accessing these markets without the need to acquire the underlying stock.

Through your chosen trading account you are able to buy and sell stocks with leverage, alongside your forex and commodity transactions.

The prices of the LMFX CfDs mirror the pricing of the underlying stocks, combining this with the fact you can leverage your transaction whilst incurring a low commission on the transaction there is no reason for you not to try the LMFX Single Stock CfDs.

SWAP Policy Trading Hours Execution Desk

Shares CFDs Trading Details

NYSE

Description 1 Lot Size Used Margin Spreads Swap Short Swap Long Limit and Stop Levels Commission Point Value per Share in USD
Alcoa 100 Shares 10% 0.04 -0.08 -0.10 0.03 0.10% $0.01
ALIBABA**** 100 Shares 20% 0.04 -0.32 -0.41 0.03 0.10% $0.01
American Express 100 Shares 10% 0.04 -0.77 -0.58 0.03 0.10% $0.01
Bank Of America 100 Shares 10% 0.04 -0.16 -0.14 0.02 0.10% $0.01
Boeing Co 100 Shares 10% 0.04 -0.78 -0.96 0.05 0.10% $0.01
Chevron Corp 100 Shares 10% 0.04 -0.73 -0.90 0.05 0.10% $0.01
Coca Cola Inc. 100 Shares 10% 0.04 -0.24 -0.29 0.05 0.10% $0.01
General Electric 100 Shares 10% 0.04 -0.16 -0.20 0.03 0.10% $0.01
Goldman Sachs 100 Shares 10% 0.06 -0.99 -1.21 0.05 0.10% $0.01
Hilton 100 Shares 10% 0.02 -0.13 -0.16 0.05 0.10% $0.01
IBM 100 Shares 10% 0.05 -1.22 -1.49 0.10 0.10% $0.01
MasterCard 100 Shares 10% 0.55 -0.45 -0.55 0.40 0.10% $0.01
McDonalds 100 Shares 10% 0.04 -0.61 -0.74 0.03 0.10% $0.01
Pfizer 100 Shares 10% 0.01 -0.19 -0.24 0.03 0.10% $0.01
Twitter 100 Shares 10% 0.04 -0.27 -0.32 -0.05 0.10% $0.01
**** Maximum Trade Size is 5 lots

NASDAQ

Description 1 Lot Size Used Margin Spreads Swap Short Swap Long Limit and Stop Levels Commission Point Value per Share in USD
Amazon 100 Shares 10% 0.20 -1.99 -2.43 0.10 0.10% $0.01
APPLE 100 Shares 10% 0.12 -0.68 -0.83 0.15 0.10% $0.01
Cisco Systems 100 Shares 10% 0.04 -0.14 -0.17 0.03 0.10% $0.01
eBay 100 Shares 10% 0.04 -0.33 -0.40 0.03 0.10% $0.01
FaceBook Inc 100 Shares 10% 0.04 -0.36 -0.43 0.03 0.10% $0.01
Google 100 Shares 10% 0.45 -3.36 -4.11 0.30 0.10% $0.01
Illumina Inc 100 Shares 10% 0.12 -0.88 -1.07 0.30 0.10% $0.01
Intel 100 Shares 10% 0.04 -0.20 -0.17 0.03 0.10% $0.01
Microsoft 100 Shares 10% 0.04 -0.25 -0.30 0.03 0.10% $0.01
Qualcomm Inc. 100 Shares 10% 0.04 -57.60 38.40 0.03 0.10% $0.01
Teva Pharmaceutical 100 Shares 10% 0.04 -0.32 -0.39 0.05 0.10% $0.01


LSE

Description 1 Lot Size Used Margin Spreads Swap Short Swap Long Limit and Stop Levels Commission Point Value per Share in USD
Anglo American 100 Shares 10% 1.00 -0.14 -0.22 1.50 0.10% 0.01 * GBPUSD
Barclays 100 Shares 10% 0.11 -0.02 -0.03 0.15 0.10% 0.01 * GBPUSD
British Airways 100 Shares 10% 0.03 -0.04 -0.06 0.30 0.10% 0.01 * GBPUSD
BP Plc 100 Shares 10% 0.12 -0.04 -0.07 0.15 0.10% 0.01 * GBPUSD
HSBC Holdings 100 Shares 10% 0.02 -0.06 -0.08 0.30 0.10% 0.01 * GBPUSD
Lloyds TSB Group Plc. 100 Shares 10% 0.03 -0.01 -0.01 0.05 0.10% 0.01 * GBPUSD
Royal Bank Of Scotland Group Plc. 100 Shares 10% 0.20 -0.03 -0.04 0.30 0.10% 0.01 * GBPUSD
Rio Tinto Group 100 Shares 10% 1.00 -0.31 -0.47 1.50 0.10% 0.01 * GBPUSD
Tesco Plc 100 Shares 10% 0.12 -0.03 -0.04 0.15 0.10% 0.01 * GBPUSD
Vodafone 100 Shares 10% 0.08 -0.03 -0.04 0.10 0.10% 0.01 * GBPUSD

Trading Hours

Trading hours for U.S. Equity Markets 16:31 - 22:55 (GMT+2) Monday to Friday.

Trading hours for London Stock Exchange 10:01 - 18:25 (GMT+2) Monday to Friday. UK/LSE stocks are quoted in Pence.

Note: All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted after the daily market closure time.

Single Stock Overnight Swap Rates

As with forex transactions, all Single Stock CfDs are subject to overnight financing. Intraday positions incur no charges.

Through these overnight charges, we also allow for any corporate action resulting in funds being transferred to shareholders; exchange offers or bonus offers etc.

Therefore, in the event that a single stock you hold – therefore you are long - issues a dividend payment and you have held this position overnight, you will receive this dividend in the form of an adjustment to the SWAP. Conversely, a short position will be charged this through the overnight SWAP.

Due to the fact that you have entered into an Index CfD which consists of many underlying stocks, you may see frequent changes to the SWAP during times of corporate announcements.

Triple SWAPS are applied on Wednesday for all Stock CfDs.

Please refer to the LMFX website for the corresponding SWAP rates.