If you are an institution, click below to learn more about our offerings for Proprietary Trading Groups and other Global Market Accounts.

Contracts for Difference (CFDs)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

53.9% 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.


Trade Contract for Difference (CFDs)

IBKR Advantage

  • Transparent, low commissions and financing rates
  • Trade CFD Shares, Index, Metals and Forex
  • Margin requirements generally more favorable than those of shares

IB Share CFDs1

Clients can add quotes to the exchange book in the same way they would trading stocks because IBKR immediately matches all CFD orders with a hedge-order so that a non-marketable CFD order creates a matching non-marketable order for the underlying share on the exchange. Additional benefits include:

Transparent, Low Commissions and Financing Rates

Commissions start at 0.05% on all share CFDs, with lower rates available for active traders. Overnight financing charges start at benchmark +/-1.5%, with lower spreads available for larger balances.

Trade CFDs Alongside the Underlying Shares

Use a single integrated account to view and trade multiple asset types from the same screen. Trader Workstation, our desktop trading platform, supports stocks, options, futures, forex, metals, funds, CFDs and bonds all from the same account statement and same trading window.

Margin Efficiency

CFD margin requirements are generally more favorable than stock margin requirements. Non-Australian retail clients are subject to a minimum regulatory initial margin of 20%. Additional details are available in IB ESMA Margin Implementation.

Efficient CFD Reference Pricing

Share CFD pricing reflects the exchange-quoted price for the underlying share. IBKR uses its IB SmartRoutingSM technology to determine the CFD reference price.

IBKR Share CFDs FAQs

FAQs: IBKR Share CFDs

IB Index and Metals CFDs2

Gain broad market exposure more easily than with many other financial products. Additional benefits include:

Flexible Exposure to Global Markets

Index CFDs are available for all major equity market indices and precious metals (London Gold and Silver). 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.

Transparent, Low Commissions and Financing Rates

Depending on the index, commission rates are only 0.0005% - 0.01%. Commissions are only 0.015% for Gold and 0.03% for Silver. Overnight financing rates are just benchmark +/-1.5%. IBKR does not widen the spread of the related future or spot underlying like some other brokers. The Index CFD quotes accurately represent the spreads and price movements of the related future* or spot price, and there are no requotes.

Margin Efficiency

Index CFDs are margined at the same low rates as the related future, adjusted for contract size. Non-Australian retail clients are subject to minimum regulatory margins of 5% or 10% depending on the index or metal. Additional details are available in IB ESMA Margin Implementation.

IBKR Index and Metals CFDs FAQs

FAQs: IBKR Index CFDs

FAQs: IBKR Metals CFDs

*IB hedges all index CFD trades, and does not operate a dealing desk. Fills cannot be guaranteed in extreme markets.

Forex CFDs

Gain exposure to currencies more easily than with many other financial products. Additional benefits include:

Direct Access to Interbank Quotes

Real-time prices from 14 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.

ECN-Like Market Structure

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.

Automatic Overnight Position Rolls

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.

FX Trader

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.

IBKR Forex CFDs FAQs

FAQs: IBKR Forex CFDs

CFD trading tools

Powerful CFD Trading Tools

FXTrader

The FXTrader provides an optimized trading interface with IBKR-designed tools to trade the currency markets.

Trader Workstation (TWS)

Our flagship desktop platform designed for active traders and investors who trade multiple products and require power and flexibility.

IBKR Mobile

Easily trade and monitor your IBKR account on-the-go from your iOS or Android device (tablet or smartphone).

Contract for Difference (CFD) trading at IBKR

Start trading like a professional today!

Disclosures
  1. Eligible customers must apply for Metals trading permissions via the Trading Permissions page in Account Management.
  2. Metals are maintained in a segregated IB UK L account in Account Management. To trade gold, you must deposit or transfer cash into your IB UK L account using the Fund Transfers page in Account Management.

IB Spot Gold and IB Spot Silver trading is available to customers who are not legal residents of the U.S., Canada, Australia, Hong Kong or Japan.