CFDs Crosses are unique instruments that combine two assets from different classes into a single tradable contract. This allows traders to speculate on the relative performance between the two assets in one position.As Pairs contracts reflect a ratio of two underlying instruments, the price is calculated by taking the first (or base) instrument and dividing it by the second (or terms) instrument. The ask represents the price to buy the base instrument and sell the terms instrument, the inverse is true of the bid price. Where the quote currency of the instruments within a Pairs contract differs, an FX conversion from base instrument quote currency to terms instrument quote currency is included in the price calculation. The resulting price for the Pairs contract is measured in units of terms instrument.
Seven Crosses are available, including:
- DJCGLD – US30 vs Gold (Wall Street 30 vs Gold)
- CHCJPC - CN50 vs JP225 (FTSE China A50 Index vs Japan 225)
- DJCJPC – US30 vs JP225 (Wall Street 30 vs Japan 225)
- NACJPC - NAS100 vs JP225 (Nasdaq 100 Index vs Japan 225)
- SPCJPC - US500 vs JP225 (S&P 500 vs Japan 225)
- DJCSPC - US30 vs US500 (Wall Street 30 vs S&P 500)
- BNOUSO - BRN vs WTI (Brent Oil ETF vs WTI Crude Oil ETF)
Crosses CFDs are available on the FXTM Advantage (MT4 & MT5) and FXTM Advantage Plus (MT4 & MT5) trading accounts. Contract specifications for spreads, commission, lot sizes, swap values, and leverage may differ from account to account, and for different Crosses. You can find them under the symbol group "Crosses CFD" in MetaTrader.
Maximum applied leverage is 1:200.
Commission
$35 per million USD notional traded