What are Stocks?

Stock Trading in DCFX refers to trading in Stock where traders can trade company stock and potentially profit from price movements without owning the underlying asset. Stock have given traders the opportunity to access the market in a more cost-efficient and time-efficient way.

Advantages of Trading Stock with DCFX

  • Access 30+ popular global Stock
  • Commissions from 0.4%
  • Go long (buy) or short (sell)
  • Suitable for day traders as well as buy-and-hold investors

Details

InstrumentSwap(Long/Short)Corperate
Action/
Effective Date
#AAPL
Apple Inc
-2.15/Free $0.23/Ex-Div @04 Nov
#AMD
Advanced Micro Devices Inc.
-2.15/Free $1.18/Ex-Div @26 Jul
#AMZN
Amazon.com Inc
-2.15/Free --
#AVGO
Broadcom Inc.
-2.15/Free $4.1/Ex-Div @21 Sep
#BA
Boeing Company (The)
-2.15/Free --
#BABA
Alibaba Group Holding Ltd
-2.15/Free $1.15/Ex-Div @01 Sep
#CAT
Caterpillar Inc.
-2.15/Free $1.2/Ex-Div @21 Oct
#CLX
Clorox Company (The)
-2.15/Free $1.18/Ex-Div @24 Jan
#DIS
Walt Disney Company (The)
-2.15/Free $1.65/Ex-Div @09 Aug
#EBAY
eBay Inc.
-2.15/Free $0.22/Ex-Div @30 Nov
#FDX
FedEx Corp.
-2.15/Free $1.15/Ex-Div @01 Sep
#GOOG
Alphabet Inc
-2.15/Free $0.44/Ex-Div @15 Sep
#GS
Goldman Sachs Group, Inc. (The)
-2.15/Free $2.5/Ex-Div @30 Nov
#IBM
International Business Machines Corporation
-2.15/Free $1.65/Ex-Div @09 Nov
#INTEL
Intel Corporation
-2.15/Free $0.365/Ex-Div @04 Nov
#JNJ
Johnson & Johnson
-2.15/Free $1.13/Ex-Div @21 Nov
#JPM
JP Morgan Chase & Co.
-2.15/Free $1/Ex-Div @05 Oct
#KO
Coca-Cola Company (The)
-2.15/Free $0.44/Ex-Div @30 Nov
#LMT
Lockheed Martin Corporation
-2.15/Free $3/Ex-Div @30 Nov
#MA
Mastercard Inc.
-2.15/Free $0.49/Ex-Div @06 Oct
#MAR
Marriott International Inc.
-2.15/Free $0.4/Ex-Div @22 Nov
#MCD
McDonald's Corporation
-2.15/Free $1.52/Ex-Div @30 Nov
#META
Meta Platforms, Inc
-2.15/Free --
#MMM
3M Company
-2.15/Free $1.49/Ex-Div @17 Nov
#MRK
Merck & Company, Inc.
-2.15/Free $0.69/Ex-Div @14 Sep
#MSFT
Microsoft Corporation
-2.15/Free $0.68/Ex-Div @16 Nov
#NFLX
Netflix, Inc.
-2.15/Free $0.49/Ex-Div @11 Aug
#NKE
Nike, Inc.
-2.15/Free $0.34/Ex-Div @02 Dec
#NVDA
NVIDIA Corp.
-2.15/Free $0.04/Ex-Div @30 Nov
#PEP
Pepsico, Inc.
-2.15/Free $1.15/Ex-Div @01 Sep
#PFE
Pfizer Inc.
-2.15/Free $0.4/Ex-Div @03 Nov
#QCOM
Qualcomm Inc.
-2.15/Free $0.75/Ex-Div @30 Nov
#SBUX
Starbucks Corporation
-2.15/Free $0.53/Ex-Div @09 Nov
#TSLA
Tesla, Inc.
-2.15/Free $1 Share split 3 share/Ex-Div @25 Aug
#VZ
Verizon Communications Inc.
-2.15/Free $0.6525/Ex-Div @06 Oct
#XOM
Exxon Mobil Corporation
-2.15/Free $0.91/Ex-Div @14 Nov
#ZM
Zoom Video Communications Inc.
-2.15/Free --
Trading Session (UTC+2)
InstrumentOpenCloseBreak
#AAPL MON 16:36 SUN 22:50 --
#AMD MON 16:36 SUN 22:50 --
#AMZN MON 16:36 SUN 22:50 --
#AVGO MON 16:36 SUN 22:50 --
#BA MON 16:36 SUN 22:50 --
#BABA MON 16:36 SUN 22:50 --
#CAT MON 16:36 SUN 22:50 --
#CLX MON 16:36 SUN 22:50 --
#DIS MON 16:36 SUN 22:50 --
#EBAY MON 16:36 SUN 22:50 --
#FDX MON 16:36 SUN 22:50 --
#GOOG MON 16:36 SUN 22:50 --
#GS MON 16:36 SUN 22:50 --
#IBM MON 16:36 SUN 22:50 --
#INTEL MON 16:36 SUN 22:50 --
#JNJ MON 16:36 SUN 22:50 --
#JPM MON 16:36 SUN 22:50 --
#KO MON 16:36 SUN 22:50 --
#LMT MON 16:36 SUN 22:50 --
#MA MON 16:36 SUN 22:50 --
#MAR MON 16:36 SUN 22:50 --
#MCD MON 16:36 SUN 22:50 --
#META MON 16:36 SUN 22:50 --
#MMM MON 16:36 SUN 22:50 --
#MRK MON 16:36 SUN 22:50 --
#MSFT MON 16:36 SUN 22:50 --
#NFLX MON 16:36 SUN 22:50 --
#NKE MON 16:36 SUN 22:50 --
#NVDA MON 16:36 SUN 22:50 --
#PEP MON 16:36 SUN 22:50 --
#PFE MON 16:36 SUN 22:50 --
#QCOM MON 16:36 SUN 22:50 --
#SBUX MON 16:36 SUN 22:50 --
#TSLA MON 16:36 SUN 22:50 --
#VZ MON 16:36 SUN 22:50 --
#XOM MON 16:36 SUN 22:50 --
#ZM MON 16:36 SUN 22:50 --

Transaction Terms and Conditions

  • 1. Each transaction will be given a bid price with spread based on live market price.
  • 2. Hectic Market Condition-a situation when the market is in volatile conditions. In this situation, the spread will be based on the conditions of the price movement as well as the quotation provided by the Liquidity Provider. In some cases, the stop level will also be changed. What is meant by Hectic conditions if at least one of the situations below is met, and not caused by the wrong quote, as follows:
    a. Bid or offer only one side.
    b. Spread between bid and offer is more than the normal spread provided by liquid provider.
    c. Political news, economic news, terrorism, natural disaster, etc. could make prices more hectic then as usual.
  • 3. When hectic market, the ability to transact may be disrupted if the banks and market makers getting slow and do not set the prices, the company has a right to make spread widen according to market condition.
  • 4. Each transaction is limited to a minimum of 10 lots, a maximum of 20 lots for all products. Transactions that exceed the maximum number of lots will be rejected.

Wrong Quote

If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.

Important

Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
Commission charge of 0.4 % is applied.
Minimum trade size is 10 shares.
All Pending Orders are good till today. In case any order is left pending, it will be automatically deleted after the daily market closure time.

Margin Requirement

US SINGLE STOCK
Initial Margin=5% x Volume x Contract Size x Price
Hedging Margin=1.25% x Volume x Contract Size x Price
Contract Size 1 Share

Calculating Stock Margin Requirements

Account Base Currency: USD
Position: Open 10 lots BUY #AAPL at 124.94
1 Lot size: 1 stock
Margin Requirement: 5% of Notional Value
Notional Value is: 10*1*124.94 =1249.4USD
Margin Required is: 1249.4USD *5% = 62.47 USD