What’s the difference between CFD and share trading?

The main difference between CFD trading and share trading is when you trade a CFD you don't own the underlying share.

With a CFD you never actually own the asset or instrument you have chosen to trade, but you can still benefit if the market moves in your favour, or make a loss should the market move against you. With share trading however you enter a contract to exchange the legal ownership of the shares for money and you own this equity.

CFDs are a leveraged product, which means that you only need to deposit a small percentage of the full value of the trade in order to open a position. With share trading you purchase the shares for the full amount owing either using individually-held electronic funds or a margin loan.

^Major FX pairs
*Conditions apply. See Frequent Trader Program for more information.

Open a stockbroking account

Access our full range of stockbroking products, share trading tools and features.

Open a CFD trading account

Access our full range of products, CFD trading tools and features.

Winner 2018

Highest Overall Client Satisfaction

Investment Trends Australia Leverage Trading Report

Winner 2018

Platform Features

Investment Trends Australia Leverage Trading Report

Winner 2018

Customer Service

Investment Trends Australia Leverage Trading Report

Winner 2018

Educational materials/programs

Investment Trends Australia Leverage Trading Report

Winner 2018

Value for Money

Investment Trends Australia Leverage Trading Report

Winner 2018

Customer Service Team of the Year - Small

Australian Service Excellence Awards

^By own client ratings. Investment Trends 2018 Australia Leverage Trading Report, based on a survey of over 18,000 traders and investors

Learning Links

Proud 3 year charity partner of Learning Links, helping children with learning disabilities and difficulties across Australia.

Find out more

St Kilda Football Club

We're proud of our new partnership, supporting St Kilda Football Club, one of Australia's most iconic AFL teams.

Find out more

TOP