Phillip CFD Tightens Spreads for Straits Times Index SGD5 CFD

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Here’s a piece of good news for all Phillip CFD clients – we have dropped our target spread for the Straits Times Index SGD5 CFD from 6 to 4 points. With the tighter spread, investors are getting more value as they need not wait for the market to move as much before they can make any profit.

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Here’s a piece of good news for all clients – Phillip CFD has dropped the target spread for the Straits Times Index SGD5 CFD to 4 points. With the tighter spread, investors are getting more value as they need not wait for the market to move as much before they can make any profit.

Investors who are unfamiliar with individual stocks would be able to easily trade the Straits Times Index SGD5 CFD as it follows the cash value of the Straits Times Index, making it a very transparent index to trade in. In addition, investors who are already invested in individual stocks listed on the Singapore Stock Exchange may want to consider trading the Straits Times Index SGD5 CFD as a hedge against their current portfolio. With Phillip CFD’s low margin requirement of only 5% (ie. 20 times leverage) for most World Indices CFD, clients need not use up a lot of capital in order to take advantage of the broad market movements – regardless whether one chooses to long or short it. Nonetheless, investors should note that as with all leveraged products, there is a risk that one may lose more than one’s initial capital.

Clients are able to trade the Straits Times Index SGD5 CFD and other World Indices CFD via the POEMS platform, CFDTrader 2 and even through POEMS Mobile (currently only applicable on iPhone).

For more information on the Straits Times Index SGD5 CFD and other World Indices available for trading, do register for our seminars through our Seminar page.

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Melissa Fann
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