TradeDirect365’s unique Australian SPI Futures CFD product, “Australia SPI Direct“.
Benefits of trading a SPI 200 CFD with the Australia SPI Direct instrument
TradeDirect365 provides the perfect Australian index trading instrument with this unique “Australia SPI Direct” futures CFD product for index trading.
“Australia SPI Direct” (SPI CFD) provides traders with direct SPI pricing (price matches the Sydney Futures Exchange (SFE) underlying) with NO dealer spread, only A$5 commission per side & initial margin of just A$825 (even lower with stop loss in place) per full contract ($25/point), during both the day and night trading sessions.
As all existing SPI traders will realise, by combining the best features of a direct futures broker (such as Interactive Brokers), with the best features of a CFD broker, TradeDirect365 has produced a truly unique “best of breed” SPI 200 CFD trading instrument.
Australia SPI Direct provides immense benefits to SPI futures traders with the “best of both worlds” as they receive:
- extremely low commission, price matching underlying SFE SPI and no overnight financing costs, similar to the large futures brokers such as Interactive Brokers,
- combined with the low margin requirements and sizing scalability of CFD brokers.
Why choose TradeDirect365 as your index trading & Australia 200 CFD broker?
- The lowest cost Australia 200 index CFD currently available for index traders!
Australia 200 FIXED spread at an unprecedented 0.9 of a point (between 10am & 4pm), no commission charges & low margins. - TradeDirect365 are doing what the other challenger brands have done before by giving Australian traders a better choice, cheaper cost and more efficient trading.
- TradeDirect365 was developed by professional and well respected trader Davin Clarke, for traders. It came into existence because they were sick of being ripped off by excessive commissions, wide and variable spreads and unnecessary fees.
TradeDirect365’s mission statement: “Our mission is to provide a trading platform that promotes fairness and equality no matter what level trader you are. We believe in a level playing field, not one where the big boys take care of each other at the expense of everyone else”. In a trading environment where manipulation of prices, obscure fees (eg inactivity fees) and exorbitant overnight raising of margin requirements are the norm, TradeDirect365 is the one bucking the trend. - TradeDirect365 hold all client funds on trust with Westpac (a tier 1 AA rated Australian bank), on a fully segregated basis.
- Opening a trading account with TradeDirect365 is very easy. It literally takes a couple of minutes and they won’t make you jump through a whole lot of hoops to do it.
- In addition to trading the SPI 200 CFD (Australia SPI Direct), from your TradeDirect365 account, you have access to Australian, US, European and UK share CFDs, global indices, global currencies and a range of commodities.
- TradeDirect365 trading platform was designed with simplicity and ease of use in mind, while not losing functionality.
- PLUS access to their “best of breed” Australia SPI Direct – Direct SFE SPI pricing with NO dealer spread, only $5 commission per full contract & initial margin of just $825, during both the day and night trading sessions!
The lowest cost Australian indices currently available.
Trading the SPI on TradeDirect365 platform
Contracts for Difference (CFDs) are a complex, leveraged financial product and requires a certain level of experience, so may not be suitable for everyone.
CFD trading carries a high level of risk to your capital and can result in losses that exceed your initial deposit. Please ensure that you understand all the risks involved.
If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement and/or other offer document/s prior to making any financial decision.
If you are unsure of the risks, or have any doubt whether you have sufficient financial resources or experience to trade these products, you should take professional advice before trading indices.