CFD Contract Specs

CFD Type Equity Index Forex
Underlying 1 Share from list of approved shares Index level derived from Fair Value-Adjusted Future Spot currency pair, e.g. EUR.USD
Contract Unit (Face Value) 1 share 1 X Index Level 1 unit of base currency
Minimum Order Size Contract Unit Contract Unit Defined by contract base currency, approx USD 25,000 equivalent. 1-unit increments after minimum is met. Applies to both opening and closing transactions.
Contract Currency Trading Currency of Underlying Share Trading Currency of Related Future Contract base currency
Cash Flow Currency Contract Currency Contract Currency Realized P&L and carry interest debited or credit in the contract quote currency. IB does not automatically convert such balances to the account base currency. The balances are subject to interested at IB cash rates.
Contract Interest Base Rate Standard IB benchmark rates Standard IB benchmark rates Benchmark differential +/- IB spread
Contract Interest Currency Trading Currency of Underlying Share Trading Currency of Related Future Quote currency
Commission Currency Trading Currency of Underlying Share Trading Currency of Related Future Contract quote currency. Commissions are converted to account base currency and charged to cash.
Display Price (Underlying) Matches Smart-routed quote for the underlying share Index Points quoted to 2 decimal points Default 0.5 pips. 0.1 pips configurable in TWS
Note: Executions always in 0.1 pips regardless of display price configuration
TIC Increment Per Exchange Rules for Underlying Share 1 Per Exchange Rules for Related Future 1 Default 0.5 pips. 0.1 pips configurable in TWS Note: Executions always in 0.1 pips regardless of display price configuration
Trading Hours 09:00-17:30 CET US and Europe 09:00-22:00 CET
Asia regular hours of related future
Trading week Sun 1715 – Fri 17:00 EST
Continuous quoting except 17:00-17:15 daily EST
Sat closed
Public Holidays Exchange Holidays applicable to the underlying share Exchange Holidays applicable to the related future Per Forex Holiday Calendar
Disclosure
  1. Primary listing exchange. Tick sizes vary by underlying and may change from time to time.