Exclusive to IG Markets, AUD-denominated CFD contracts on popular
indices plus metal and energy commodities enable you to avoid
currency exposure.
Traditionally, if you trade on an overseas market you will trade in its natural currency. This means that you are not only taking on the underlying market but you are also exposing yourself to currency risk. AUD-denominated CFDs allow you to simplify your strategy by trading a select group of international markets in Australian dollars, taking currency exposure out of the equation.
These markets are offered in addition to our standard and mini contracts. You can access them easily from the Navigation Pane or Search Function on PureDeal, our award-winning platform. For more information about AUD-denominated CFDs see our contract details. NZD-denominated CFDs are also available on request.
AUD-denominated Stock Indices
Trading AUD-denominated index CFDs gives you access to our most popular overseas markets, these include:
- FTSE 100 Cash
- Wall Street Cash
- Germany 30 Cash
- Japan 225 Cash
- Hong Kong Cash HS42
- China H-Shares Cash
- China A50 Cash
- US SPX500 Cash
- US Tech 100 Cash
- India 50 Cash
An example of buying an AUD-denominated stock index CFD
You BUY 5 contracts of AUD-denominated FTSE 100 Cash at 3720. Your deposit requirement is A$200 per contract, or A$1000. When you sell your 5 contracts at 3772 the profit on the trade is 5 x 1 x (3772 - 3720) = A$260. Unlike traditional CFD contracts, there are no GBP currency conversions.
AUD-denominated Metal and Energy Commodities
Trading AUD-denominated commodity CFDs gives you access to our most popular overseas metal and energy commodity markets, these include:
- US Light Crude
- Natural Gas
- Spot Gold
- Spot Silver