When you trade overseas markets in AUD or NZD on the equivalent CFD base currency, you can avoid currency exposure and conversion fees. AUD and NZD denominated CFDs are available on indices as well as metals and energies.
You can use our mobile and tablet apps to trade whatever the time, wherever you are and apply orders to manage your risk, without constantly monitoring your positions.
Trading AUD and NZD denominated index CFDs gives you access to our most popular overseas markets, these include:
AUD and NZD denominated stock indices
AUD and NZD denominated commodities
AUD-denominated cryptocurrencies
Opening the CFD position
It’s early in December and our quote for the FTSE® 100 Cash is 8300/8301. You think UK stocks are going to climb higher and decide to buy five mini contracts at 8301 (one contract is the equivalent of £2 per index point). As with all our stock index CFDs, our spread is priced in and there is no commission to pay.
To open your position, you supply a margin of £4,150.25 (5% x 8300.5 points x 5 contracts x £2). This means you will make or lose £10 for every point the sell price rises above or falls below 8301.
The GBP/AUD exchange rate on the day is 2.0.
Monitoring the CFD position
A week later, the FTSE® 100 Cash has risen to 8350/8351. You believe UK stocks will continue to climb higher and decide to keep your position open.
The GBP/AUD exchange rate on the day remains at 2.0.
| Running gross profit on trade: | |
| Opening level | 8301 |
| Current level | 8350 |
| Difference | 49 |
To calculate the net result you also have to include interest and dividend adjustments. Interest adjustments are applied daily to stock index trades in exactly the same way as to Share CFDs. Dividend adjustments are applied whenever a stock in the relevant index goes ex-dividend. For more information regarding dividend adjustments, please visit our help and support page.
Closing the CFD position
Another week later, the FTSE® 100 Cash has not moved and remains at 8350/8351. You now believe UK stocks will retreat in the near term and decide to close your position.
Over the course of the week, the pound has depreciated against the Australian dollar. The GBP/AUD exchange rate is now 1.8
Due to the new exchange rate, the gross amount made on the trade ($A882) is less than the running gross profit calculated in the previous week (A$980). This example does not take into consideration interest charges.
Using AUD and NZD denominated contracts to avoid currency risk
Any profit or loss made on the FTSE 100 Cash will be exposed to the currency rate fluctuation between the pound and the Australian dollar. You can avoid this currency risk with our AUD and NZD denominated CFD contracts.
| Index name | Spread from | Minimum contract size |
| Australia 200 | 1 | A$1 / NZ$1 |
| US Tech 100 | 1 | A$1 / NZ$1 |
| Wall Street | 2.4 | A$1 / NZ$1 |
| US 500 | 0.4 | A$1 / NZ$1 |
| FTSE 100 | 1 | A$1 / NZ$1 |
| Germany 40 | 1.4 | A$1 / NZ$1 |
| Japan 225 | 7 | A$1 / NZ$1 |
| Hong Kong HS50 | 5 | A$1 / NZ$1 |
For more details, see our indices CFD costs and product details page.
| Metals/ Energies | Spread from | Minimum contract size |
| Spot Gold | 0.3 points | A$1 / NZ$1 |
| Spot Silver (5000oz) | 2 points | A$1 / NZ$1 |
| Oil - US Crude | 2.8 points | A$1 / NZ$1 |
| Oil - Brent Crude | 2.8 points | A$1 / NZ$1 |
| Natural Gas | 3 points | A$1 |
For more details. see our commodities CFD costs and product details page.
See full details including spreads, dealing hours and margins for CFDs, in our help section.
For more information see our CFD product details page.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You do not own or have any interest in the underlying asset. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider the Margin Trading Product Disclosure Statement (PDS), Risk Disclosure Notice and Target Market Determination before entering into any CFD transaction with us.
The value of shares, ETFs and ETCs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
Please ensure you fully understand the risks and take care to manage your exposure.
The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs.
This website is operated by IG Australia Pty Ltd. IG Australia Pty Ltd is located on Level 32, Queen & Collins, 376-390 Collins Street, Melbourne, VIC 3000. ABN 93 096 585 410, Australian Financial Services Licence No. 515106. Derivatives Issuer Licence in New Zealand FSP No. 684191, NZBN 9429047618251.
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