Lingling

29 Dec 2020

∙

What is the difference between margin account in U.S and CFD account in Singapore for stocks? Is it the Same thing ??

May I know what’s the difference between CFD and margin account for stocks?? Is it the same thing? Becoz I noticed that they call margin account in the America and not CFD ??

1

Discussion (1)

What are your thoughts?

Learn how to style your text

1M45

29 Dec 2020

Margin account means you can borrow $$$ from the brokerage to buy shares. You can buy the stock immediately if the price is good, then top up tomorrow.

CFD is you buying a contract, it is a leveraging tool. Eg. Now appl is $136.69. If you buy the 100 shares you need $13669. If you buy 100 CFD you only use $1366.9
CFD normally for trading. Dont over-leverage becareful of margin call.

Reply

Save

Write your thoughts

Related Posts

TDA Singapore only has Margin Account, no Cash Account. If I have $50k in the Margin Account and I buy a US stock with a total cost of $20k. Is my purchase is considered as a "cash investment" without any margin, since I still have $30k balance?

What is the difference between margin account and contract for difference (cfd) account ? Which is better for short term trading?

Can I short sell stocks in Hong Kong exchange through POEMS account or other platforms? Looking at cash accounts and not CFD accounts. Do I have to buy back the stock at the end of the day?

Why is there a difference between the price which you pay for the stock and the price you receive of the stock? For eg. i pay $25.10 but my stock price is $25 due to this thing called bid ask spread?

Can I still open a DBS Vickers account to invest in foreign stock exchange even though I do not have a CDP account open? Are there any things that I will need to show/ conditions that I will need to know before opening?

Related Posts

TDA Singapore only has Margin Account, no Cash Account. If I have $50k in the Margin Account and I buy a US stock with a total cost of $20k. Is my purchase is considered as a "cash investment" without any margin, since I still have $30k balance?

What is the difference between margin account and contract for difference (cfd) account ? Which is better for short term trading?

Can I short sell stocks in Hong Kong exchange through POEMS account or other platforms? Looking at cash accounts and not CFD accounts. Do I have to buy back the stock at the end of the day?

Why is there a difference between the price which you pay for the stock and the price you receive of the stock? For eg. i pay $25.10 but my stock price is $25 due to this thing called bid ask spread?

Can I still open a DBS Vickers account to invest in foreign stock exchange even though I do not have a CDP account open? Are there any things that I will need to show/ conditions that I will need to know before opening?