CFDs Helpdesk

The most efficient way to monitor your account is using the Client Position Keeping window within Marketmaker™. This enables you to monitor your trading positions, your daily profit and loss and also your cash positions. It is updated in real-time with live market prices. To access this function of the software, click on 'Trading' from the top menu and select 'Client Position Keeping'

[ Close ]

Margin requirements for CFD positions are a percentage of the total contract value. You can calculate the Margin requirements for positions as follows:

Margin Requirement (in currency of underlying exchange) = (Quantity x Share Price) x Margin Requirement %

[ Close ]

Click here for an explanation and example of financing calculations.

[ Close ]

Deposit Interest is paid on free equity balances over 15,000 USD (or currency equivalent). It is paid at the relevant currency's applicable Base Rate less 2%. Deficit ledger balances are charged at relevant currency's applicable Base Rate plus 2%.

All amounts are calculated daily and applied to your account once a month.

[ Close ]

Margin is the deposit required to maintain or open a position. At the time of each trade, you will require funds on the account at least equivalent to the total margin requirement. It is therefore your responsibility from the time of the transaction and throughout the term of the position to maintain funds on the account at least equivalent to the total margin requirement. If market movements cause a situation to occur whereby there are insufficient funds on your account to cover your margin requirement then CMC Markets will endeavour to send you margin call emails. However, the responsibility ultimately rests with you as the client to fund positions, if further market movements occur or if you have insufficient funds and do not promptly take action. CMC Markets reserve the right to close out (Liquidate) your position(s). If this occurs you will be sent an email Liquidation Notice informing you of what has happened and the resultant status of your account.

To hold any positions on your account you require a minimum balance of US $200 (or currency equivalent). This is regardless of margin requirements of any positions. If your account balance falls below this threshold then CMC Markets reserve the right to close all positions on your account. If the level is reached without being on margin call then no margin call email will be sent.

[ Close ]

We do not guarantee execution of any Stop order(s) at the price the order is set unless it is a Guaranteed Stop Order (GSO). The placing of a stop indicates the level at which you wish to execute the order. Once this level has been reached or breached and the volume of your order has traded in the market, we will fill your order at your requested price or the next available price in the market (which may or may not be the price at which you placed the order).

For further information on GSO's please contact Client Relations.

[ Close ]

• They can not be used to open a position
• A Guaranteed Stop Order can be placed on most instruments quoted by the CFD desk.
• It is important to note that the acceptance, amendment or cancellation of a GSO is at the sole discretion of CMC.
• A GSO can be treated similar to a normal Stop Order in that it can be used to close or reduce a position.
• Please note a GSO cannot be used to open or reverse a position.
• There are conditions to this type of Order, as there is a premium charge when placing the Order.
• Please note a Guaranteed Stop Order can only be placed once the stock is open and trading.
• A GSO can not be placed out of hours, within half an hour after the market opens or an hour before the market closes.
• If you would like to amend a Guaranteed Stop Order, such as the Price or Amount, you will have to cancel the existing GSO and place a new GSO, therefore encountering a new Premium.
• All Guaranteed Stop Orders are accepted at the dealer's discretion, which may mean they will not always be available and can only be placed via the telephone.

Guaranteed Stop Order Premiums have changed from a sliding scale of pips to a fixed percentage, these conditions and premiums are shown below:

Intstrument Type	Premium	Minimum Distance
Shares*	0.3%	5%
Sectors	0.2%	1%
Indices	0.1%	1%

* German Share CFDs outside of the DAX30 will have a premium of 0.6%

Example

You buy 1,000 Goldcorp at 32.70 and want a guaranteed stop loss order(GSO) in place against the position.

Minimum Distance

Minimum Distance you can place the GSO at is, 32.70 x 5% = 1.635

So the closest price you could place the GSO would be = 32.70 - 1.635 = 31.07

Premium

Assuming you placed the GSO at 31.07, the premium for the GSO would be = 31.07 x 1,000 x 0.3% = 93.21

For further information on GSO's please contact Client Relations.

[ Close ]