分类
成功交易者的秘密

指數差價合約交易有優勢嗎?

立即开户交易 欢迎体验Mitrade服务

关于差价合约,你所需要知道的

差价合约,即Contract For Difference (以下简称CFD),目前非常受全球零售投资者欢迎。顾名思义,差价合约是买卖双方之间订立的一种关于差价的合约,合约规定卖方以现金的方式向买方支付某个商品的合约价与结算价之间的差额(如果差价为负,则需要买方向卖方支付),整个过程中不涉及该商品实体的交易,因此我们也可以说这是一种计算某个产商品的开仓价值与平仓价值的差额而完成的投资行为。合约中的交易金额则为差额乘以合约中规定的价格合约数量,合约会在每个交易日有效更新并自动展期。

CFD最初以股票掉期的一种于20世纪90年代初出现在伦敦,并用保证金进行交易,CFD的出现普遍归因于瑞银华宝(UBS Warburg)的Brian 指數差價合約交易有優勢嗎? Keelan和Jon Wood。在90年代初,BrianKeelan产生了一个念头,那就是通过押注公共事业行业股价上涨,来为其客户英国特法佳公司提供资金,以收购英国北方电力公司。

在早年间,CFD被对冲基金以及机构交易者用于更有效益地对冲风险,主要原因是为了规避股票交易的印花税以及从保证金中获利。在90年代后期,CFD开始正式面向零售客户,很多英国公司开始普及这一交易工具,特别是一些当时的在线交易平台,使得交易者更容易看到实时价格并实现实时交易。第一家这样的公司是一家名为GNI(Gerrard & National Intercommodities)的公司,CFD自此开始进入急速扩张,在这之后,IG Markets以及CMC Markets也在2000年时,开始对这项服务进行推广。

2002年,IG Markets和CMCMarkets 开始将CFD推广至澳大利亚,这是CFD全球扩张的第一步。2007年之前,CFD交易都只存在于场外交易市场。但在2007之后,澳大利亚证交所开始允许差价合约交易,范围涵盖澳大利亚的前50支股票、8个货币对、主要的国际指数以及一些大宗商品。最初有12家经纪商提供澳大利亚证交所的CFD差价合约交易,但是在金融危机之后,由于ASX场内差价合约的成交量持续低迷,12家经纪商只剩5家,交易所也于2014年6月中止了差价合约交易。

欢迎体验Mitrade服务

立即开户交易 欢迎体验Mitrade服务

风险警告:差价合约 是杠杆性产品,有可能导致您损失全部投资资金。这些产品并不适合所有人。敬请在使用我们的服务前仔细阅读产品披露声明(Product Sheet)、风险披露声明和客户协议,并确保在交易前充分了解所涉及的风险。您并不实际拥有或持有任何相关基础资产。

Mitrade是由多家公司共同使用的业务品牌,透过以下公司进行运营:
Mitrade Holding Ltd是本网站描述的或可提供使用的金融产品的发行人。Mitrade Holding Ltd获开曼群岛金融管理局(CIMA)授权并受其监管,SIB牌照号码为1612446,注册地址是:Buckingham Square, Phase II, 2nd Fl, 720 West Bay Road, George Town, Grand Cayman, Cayman Islands。
Mitrade Global Pty Ltd注册号码为ABN 90 149 011 361, 澳大利亚金融服务牌照 (AFSL) 号码为 398528。

对于特定区域,银行卡服务由 Mitrade Services Ltd 提供(注册号码为11804044,注册地址是27 Old Gloucester Street, London, WC1N 3AX, United Kingdom)。

How to Trade the DAX?

The DAX index is made up of the 40 largest German corporations when weighted by market cap and liquidity. The DAX index can be traded either indirectly or through the 指數差價合約交易有優勢嗎? use of stand-in instruments that track its performance.

One way to trade the DAX index would be to trade the stocks of each company that makes up the DAX. However, this can be time-consuming, as all 40 companies would need to be tracked.

Another way to trade the DAX would be to work with a broker who offers mutual funds or ETFs which include DAX stocks in their baskets. These would be mirrored to reproduce the same weighted mix as the DAX.

DAX word cloud.

Trading on the DAX40

Trading CFDs allows traders to speculate on the movement of the DAX without the need to purchase the underlying assets. Instead, traders agree to accept the difference 指數差價合約交易有優勢嗎? in price between when a position opens and when it closes.

Some of the benefits that trading CFDs can offer include the ability to use leverage, faster settlements, potentially reduced slippage because of faster trade execution, and the lack of commission fees. Another benefit is that CFD traders can potentially 指數差價合約交易有優勢嗎? profit from the instrument price if the price goes up or down by either going long or going short. However, traders should remember that trading CFDs is risky and can result in the loss of their entire capital.

When using the Plus500 platform, there are two ways to trade on the DAX (Germany 40), futures CFDs and options CFDs.*

Futures CFDs - Futures trading involves opening buy or sell positions on an instrument and then taking a profit or loss on the difference in the instrument’s price from the beginning to the 指數差價合約交易有優勢嗎? end of the transaction. Traders place a Buy (or Long) position if they believe 指數差價合約交易有優勢嗎? the asset’s price will rise in the future. Traders place a Sell (or Short) position if they believe the asset’s price will drop in the future.

Options CFDs* - When trading options CFDs, traders are speculating on the future price (strike price) of an underlying instrument such as a 指數差價合約交易有優勢嗎? stock, index or commodity. For more information 指數差價合約交易有優勢嗎? on options trading, please refer here.

Benefits of Trading Dax CFDs

Leverage

One of the biggest benefits of CFD trading is the use of leverage. With traditional mutual funds and ETFs that are acquired through brokerages, you need to set aside the full value of the instruments you are purchasing at a 1:1 ratio. However, with CFDs, you can put down a fraction of the asset’s value, and still experience any 指數差價合約交易有優勢嗎? profit or loss as if you had provided the full value. This means that if an asset is traded at a 1:20 leverage, you only need to set aside 5% of the opening price. When the trade closes, the amount that you make or lose will be multiplied by twenty times. Trading with leverage increases 指數差價合約交易有優勢嗎? a trader’s buying power, which can in turn increase the risk of bigger losses.

Let’s look at an example. If the instrument trades at $2000 at a 1:20 leverage, then you only need to 指數差價合約交易有優勢嗎? put down $100 to purchase 1 contract of that asset, instead of the full $2000 指數差價合約交易有優勢嗎? value of the asset. If the price then went up to $2500, your profit would be $500, on the basis of that $100 margin. Of course, if the asset price went down to $1500, your loss would be $500 on the basis of that same $100 margin.

Rapid executions

Mutual Fund and ETF trading typically have a relatively slow speed of execution, and frequently come with an increased risk of 指數差價合約交易有優勢嗎? slippage. This makes it harder to determine the actual price at which your positions will open or close.

CFD trades can 指數差價合約交易有優勢嗎? be opened within seconds, potentially making the effects of slippage much smaller.

外汇交易与CFD差价合约交易的相同点、不同点以及在线交易获利的机遇

外汇交易与CFD差价合约交易的相同点与不同点1

正是这种差异才给交易者带来了盈利或者亏损。一切都很简单。交易者开单进行买入交易,资产价格走高,交易者获利。而如果他们开单交易卖出,则会亏钱。情况反过来也一样:交易者进行卖出交易,资产价格走跌,交易者获利。如果资产价格上涨,则交易者会蒙受损失。
这里顺便说一下,对于采用这种无本金交割方式进行交易的交易员来说,这么做还有一个巨大的好处,就是他们不仅可以在价格涨势时获得利润,价格走跌时同样也可以赚到钱。毕竟,你能够有机会出售某公司的全部股份,或者同样的百万桶原油,而不需要实际拥有这些股份或者原油。假如价格暴跌为零,你将获得巨额利润。
换句话说,金融工具(或金融资产)这种无本金交割交易就是交易者与经纪商之间签订的一种合约,也可说成是一种合法的投注。在这个过程中:
- 由交易者来确定资产价格的转移方向(是买入或是卖出);
- 如果方向确定正确,经纪商将向交易者支付资产在开盘时与收盘时的价格差额;
- 如果交易者在方向确定上犯了错,那蒙受损失的将是交易者,他要向经纪商支付相应的价格差。