Cfd's Contract Specifications

 "CFD" or "Contract for Differences", 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 1,000 shares of General Motors from a stock broker, a client could instead buy a CFD on General Motors on the Washington Prime Plus Inc. trading platform. A $5 per share rise in the price of General Motors would give to the client a $5,000 profit, just as if he had purchased the actual shares that are traded on the exchange.
 
A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. WPP Inc. can therefore offer CFD's without commissions and very low margin requirements. CFD's have grown in popularity dramatically over the past few years, and  will increasingly be the preferred way of trading the financial markets in the future. 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 $50,000 worth of CFD Shares will only be asked for $500 margin.
Share CFD Trading Details:

 Account Opening Minimum:  $2,000 -$ 5.000 depending to the market and product
 Lot Size:  1,000 shares. Click here for details on other Share CFD products
 Margin Requirement:  2%-5% on individual shares, 1%-5% or less on other products
 Spreads:  Click here for spreads in all products.
 Commissions: NIL (commission-free)

Cfd's Margins

CFD's are geared or leveraged instruments. This means that a deposit from as little as 2-5% of the value of the CFD's is required. Consequently, it is possible to hold a position 50-20 times greater than would be possible with a traditional investment. Clearly, this degree of gearing means that for a correctly anticipated price movement a greater profit will be generated. On the other hand, the risk of loss increases commensurately if the anticipated price movement proves to be ill founded. If the case of substantial and adverse market movements the potential exists to lose all of the money originally deposited and to remain liable to pay additional funds immediately to maintain the margin requirement.
You can take a position in a share without having to put up the full underlying contract value. Instead you put up a deposit or margin as initial collateral, normally 2-5% for blue chip companies,commodities or Major Indices.

Profit from falling as well as rising markets

Unlike physical assets, CFD's can be sold short, without owning or borrowing the underlying instrument. Other methods of shorting shares are often inconvenient and expensive.

Limited risk trading allows you to manage the CFD's trading risks. If the market guaranteed moves sharply against you; your position will be closed at your chosen stop-loss level, even if the move is overnight.

 
 WASHINGTON PRIME PLUS INC. CFD DEALING Details:
 Account Opening Minimum:  $2,000-$5.000
 Lot Size:  1,000 shares
 Margin Requirement:  2%-5% on Shares and less on commodities and other financial instruments.
 Commissions:  NIL (no commission)