CFD's on indices trading hours
| List | Trading hours | ||
| From | To | ||
| DJIA | DJIA Index | Monday 02:00 | Friday 23:00 |
| NASDAQ 100 | NASDAQ 100 Index | Monday 02:00 | Friday 23:00 |
| S&P 500 | S&P 500 Index | Monday 02:00 | Friday 23:00 |
| DAX | DAX Index | Morning 09:00 | To 23:00 |
| CAC 40 | CAC 40 Index | Morning 09:00 | To 23:00 |
| UK100 | FTSE 100 Index | Morning 10:00 | To 23:00 |
CFDs, or Contracts for Difference, are derivative financial tools that allow trade of indices, futures, individual shares and commodities, without need of their physical possession. They represent an agreement between two parties for settlement of the financial relations upon closing the position, reflecting the difference between the price of opening and the price of closing the contract, multiplied with the number of shares in the contract itself.
The trade with shares, futures, indices and commodities of margin account becomes possible through Contracts for Difference (CFD). This way one can speculate with the movement of prices of the shares of the leading world companies. The Contract for Difference (CFD) becomes more and more popular in view of the high speculative profit, which can be achieved upon the strong movements of the shares and the main financial indices within one day.
CFD is based on the margin trade, where you can keep the relevant position against a relatively small deposit. Varchev Finance determines a necessary margin to the amount of 2 % to 10 %, depending on the different specification of the CFD offered. Simultaneously, the profit/loss is recorded to its full amount in the client’s account. Through the free-of-charge software for trade Meta Trader 4, the client is able to limit the loss from his loosing positions at any time and simultaneously to keep his profit-making positions for unlimited period of time.
The trade with Contracts for Difference is similar to the traditional trade of shares. The deals are executed at a market price, received in real time by the relevant stock market, by paying commission on each transaction.
The CFD tools do not have a fixed maturity date, giving you freedom to close position in a moment chosen by you. While your position remains open, your account is debited or credited with the respective interest payments.
Trading carries high level of risk. Varchev Finance is not responsible for investments made, based on forecasts or any other information presented on this website. The laid out facts, forecasts and analyses should not be perceived as investment advice and such investment actions should not be carried out based upon these. The forecasts have an analytical character and do not represent recommendations for the purchase or sale of any financial instruments. Varchev Finance is using publicly available sources of financial information and is not responsible about the accuracy, topicality and completeness of the information presented after its publishing.
