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NewEngine provides index CFDs, currency CFDs, and stock CFDs
View our CFDs https://www.NewEnginevip.com/market/index/language/en-us/market/Forex
What is a CFD
Customers can trade CFDs to buy and sell stock indexes, cryptocurrencies, and stocks at NewEngine. CFD stands for CFD, which is a very popular over-the-counter financial product that allows traders to easily participate in global financial markets.
Charging standards for CFDs
Buying and selling CFD products on NewEngine only needs to pay the bid-ask spread of the product, which is the main transaction cost. The bid-ask spread is the difference between the bid and ask price of any financial instrument and is displayed in the form of points. You can check the bid-ask spread at any time in the quote window of the trading platform.
The inventory fee is that interest may be paid and charged when holding the position overnight. Negative and positive overnight interest will be applied to all positions held at 0 o'clock (Greenwich Mean Time), just like foreign exchange positions. You can check the interest payable or earned for each contract in the inventory fee section on the quote window of the trading platform.
When buying and selling CFDs, what is the quantity
NewEngine uses a "one-handed-based" trading system to allow the platform to aggregate all customer positions as standard trading units, which simplifies the process of trading in several different markets through one account, while allowing the platform to track profits and losses , And account balances such as margin and net worth are all displayed in one currency. This greatly simplifies the calculation of traders' profits, losses and risks. For each CFD product, the customer can choose the minimum transaction "1" lot or "0.1" lot; the maximum transaction volume depends on your margin status.
Do I need to open multiple accounts to buy and sell different types of CFDs
No need. NewEngine's trading account allows you to trade major global financial products, including CFDs, foreign exchange, encrypted assets, stock indexes, commodities, precious metals, etc., through one account.
Who are the main buyers and sellers of CFDs? Small investors or large institutions?
At present, retail traders, speculators and hedge funds are the typical market participants in buying and selling CFDs.
Which countries allow trading CFDs?
CFDs are currently available in countries such as Australia, the United Kingdom, the Eurozone, Russia, Japan, Canada, Switzerland, and South Africa.
Are CFDs supervised by government regulators?
Yes. CFDs are regulated in most countries where they are bought and sold.
 What is the margin for CFDs?
When purchasing any CFD product, you need to pay a certain deposit according to the transaction volume you purchase. Margin can be regarded as the actual deposit required to maintain open positions. This is not a fee or transaction cost, but only a portion of the account's net worth is allocated and allocated as a margin deposit. The margin requirement is determined by a certain percentage of the nominal transaction volume plus a small amount of buffer. The added buffer is designed to help mitigate the impact of daily/weekly fluctuations.
Please note that margin trading involves significant risk of loss and may not be suitable for all investors.
Will the margin requirements change?
Yes, the margin requirements of the account may be changed periodically in response to changes in market volatility and currency exchange rates. Any margin change will be displayed in the notification column of the website or the specification column of the quote window of the trading platform.
Please note that margin trading involves significant risk of loss and may not be suitable for all investors.
Where does the price of the CFD come from?
CFD prices come from exchange quotes or related indices and spot products.
Will there be slippage?
Like most markets, traders may encounter slippage when buying and selling CFDs. The degree of slippage will depend on market liquidity and open interest.
Is there a limit to the CFD position?
There is no limit to the amount or number of positions a trader can hold. The available margin on the account is the only limit on the open interest.
What is the liquidity of CFDs?
The CFD's liquidity is comparable to its related assets. Different indices, commodities and cryptocurrencies have varying degrees of volatility and liquidity.
Are there any restrictions on the trading time of CFDs?
Each market has its own defined trading hours. For the trading time of each asset, please check https://www.NewEnginevip.com/market/index/language/en-us/market/Forex
NewEngine aims to open and close as close as possible to the published trading hours. However, the lack of liquidity may hinder execution and quotation at or about the market opening and closing of any CFD instruments. NewEngine may delay the opening or closing time of certain financial instruments in order to try to avoid customers from obtaining quotes or executions that do not represent the true market price.NewEngine advises traders to be extra careful when opening and closing the market. Due to the insufficient liquidity displayed during these time periods, traders using market orders may suffer slippage or exchange rate gaps, which will affect your final execution. Prices have a major impact.
Will CFDs be more active at certain times?
Since the price of the CFD is based on the price of the relevant asset, its peak trading time is generally the opening time of the exchange where the relevant asset is bought and sold. Some CFD products also have off-peak trading hours, which are the time when assets are traded in the electronic market.
Is it possible to establish a transaction when the market for a specific CFD is closed?
CFDs can only be bought and sold within the specified trading hours, check the trading hours https://www.NewEnginevip.com/market/index/language/en-us/market/Forex
Does the CFD have an expiration date?
At present, CFD products provided by NewEngine have no expiration date, and you can hold them continuously.
What are the relevant assets of the CFD?
"Related assets" refers to financial instruments based on CFDs. For example, the relevant asset of DJIUSD is the Dow Jones Industrial Index.
Is there any advantage in buying and selling CFDs compared to buying and selling related assets?
CFDs are more flexible. CFDs are bought and sold as margin trading, allowing traders to control larger market positions with less than the amount of funds required to control positions in equivalent related assets. Using a low margin can greatly increase your profit and loss.
Traders in NewEngine can buy and sell foreign exchange, stock indexes, crypto assets, stocks, energy and precious metals in the same account. If trading in the relevant market, traders generally need to have different accounts, and often settle in several different currencies and open accounts with different brokers.
Do I have control over related assets when buying or selling CFDs?
No. CFDs only track the prices of related assets. However, it also gives traders rights or dividends related to the underlying assets.
Compared with trading options or futures, what are the advantages of trading CFDs to hedge the risk of related assets?
CFDs provide linear returns: if the underlying asset rises or falls, the trader's account balance will show the same rise or fall. In addition, unlike options, traders do not need to pay the initial premium. Another advantage of using CFDs for hedging is that there are fewer trading restrictions and there is no need to acquire the rights of multiple exchanges.