How to Open a CFDs Account

Questions you should ask a CFD provider

Before opening a CFD account with a CFD provider, these are some of the questions you should ask:

• Do you use a Direct Market Access model to trade CFDs?
• Can I improve (where possible) or join the bid and offer at any time?
• Is the volume that is on the screen, the same as the underlying share market?
• Do you ever re-quote prices?
• Can I participate in the opening and closing price auction each day?

Opening an Account

To open a MF Global CFD trading account:

• Contact the CFD desk for a CFD information pack or click here to download the documents
• Read the Financial Services Guide (FSG), and Product Disclosure Statement (PDS).
• Read, sign and submit the CFD Client Agreement Form in full.
• Attach a cheque or proof of electronic funds transfer for a minimum of A$5,000.

Note: A minimum of A$5,000 is required to open a trading account and cleared funds must be in your account prior to trading. Funds may take up to 2 days to clear. Acceptable forms of payment include direct deposit, personal or bank cheque, and BPay or SWIFT transfer.