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Mini Share Trading
GCIs "Mini Share Trading" account is a "mini" version of the Share CFD account. Contract sizes are 100 shares per lot, allowing clients to efficiently trade shares on 2% margin and $2 commission per lot (2 cents per share)* - all with instant execution on the industry's leading trading software (download a free demo). Mini Share products include:
| Mini Share Products (Partial List) |
|
|
Stock Market Indices S&P500 NASDAQ 100 Dow Jones Industrials DAX 30 CAC 40 FTSE100 SPI 200 Hang Seng DJ EuroStoxx
Crude Oil U.S. 10 Year
Note |
Individual Shares Microsoft Vodafone Barclays I.B.M. Nokia Pfizer eBay ...and many other European and North American Shares Foreign Exchange EUR/USD USD/JPY |
Click here
for a complete list of Mini Share products...
All Mini Share products are traded as "lots",
where 1 lot is equal to 100 shares.
Please see Specifications for trading
hours.
Mini Share Trading Account Details:
Account Opening Minimum: $500 or € 500
Lot Size: 100 shares. Click here for details on other Mini Share products
Margin Requirement: 2% on individual shares, 1% or less on other products
Spreads: Same as Standard Share Trading. Click here for spreads in all products.
Commissions: $2 per lot (equal to 2 cents per share)
Free Demo Account: Click Here!
Open a Live Acount:
Click Here!
CFDs Explained
The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself. For example, instead of purchasing 100 shares of Microsoft from a stock broker, a client could instead buy one lot of Microsoft on the GCI Mini Share trading platform. A $5 per share rise in the price of Microsoft would confer to the client a $500 profit, just as if he had purchased the actual shares that are traded on the exchange.
The other major benefit of trading a CFD is the fact that the client can trade on margin. CFD trading means clients can trade a full portfolio of Shares, indices, or commodities without having to tie up large amounts of capital. Using the example above, a client purchasing $5,000 worth of Microsoft will only be asked for $100 margin.
CFD Performance
As with Shares, CFD investors benefit from
normal market movements. Clients' open positions are valued in real time,
with every tick of the market. Profits or losses similarly are credited to
or debited from the clients account equity in real time.
Margin
Unlike physically purchasing stocks, clients only have to deposit approximately 1% of the value of the Shares. So if you want to buy $5,000 worth of Shares, you only need to have $50 on deposit with GCI.
*Commissions are 2 Euros per lot for Euro-denominated accounts.
Leaders in Forex Trading
Trade Shares on 2% Margin
