CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59.7% of retail investor accounts lose money when trading CFDs with IBKR. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Products
Gain broad market exposure more easily than with many other financial products. Additional benefits include:
Index CFDs are available for all major equity market indices, US and UK Crude Oil and Precious Metals (London Gold and Silver). Most equity indices, oil contracts and metals are tradable 23 hours. Equity indices can be traded in lots as small as 1X the index level. Unlike the related futures, Index CFDs do not expire, saving rollover related costs and risks.
Index and Crude Oil CFD quotes show spreads and ticks that reflect those of the underlying future, plus an additional spread added by our liquidity provider. Precious Metals spreads equal those of the related cash market. IBKR charges a commission rather than further widening the spread.
Depending on the index, commission rates are only 0.005% - 0.01%. Commissions are only 0.015% US and UK Crude Oil, 0.015% for Gold and 0.03% for Silver. Overnight financing rates for equity index CFDs and Precious Metals are just benchmark +/-1.5%. Overnight financing does not apply to the Crude Oil CFDs as they reference perpetual rolling futures.
Index CFDs are margined at the same low rates as the related future, adjusted for contract size. Retail clients are subject to minimum regulatory margins of 5% or 10% depending on the index or metal.
FAQs: IBKR Index CFDs
Gain exposure to currencies around the clock more easily than with many other financial products. Additional benefits include:
Real-time prices from 19 of the world's largest FX dealing banks, plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.
Our order book allows you to set orders away from or between the markets. Trade with other IBKR clients, as well as with the liquidity-providing banks.
FAQ: IBKR Forex CFDs
For positions held overnight, IBKR applies a straightforward interest credit or charge based on the difference in the benchmark rates for the two currencies and a low IB spread.
Trade Forex CFDs in our optimized FXTrader, which includes real-time streaming quotes, up and down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.
The FXTrader provides an optimized trading interface with IBKR-designed tools to trade the currency markets.
Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility.
Easily trade and monitor your IBKR account on-the-go from your iOS or Android device (tablet or smartphone).
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page.
For a list of IBG memberships worldwide, see our exchange listings.