Share Trading

Trading share CFDs with FXCM allows you to use only a fraction of the capital. For Retail clients, approximately 5:1 leverage is available for individual equities. If you open a position worth $100, approximately $20 margin would be required. Margin requirements for each share are updated once daily and can be viewed in the Trading Station platform.

FXCM's minimum trade sizes is the value of one-tenth of an actual share: entering a size of "1" on the FXCM platform will place a trade size the equivalent of 0.1 Shares.

Please note that HK Shares can only be traded in increments of 1 Share.

Dividend adjustments will apply on the eve of the ex-dividend date of the underlying stock. The adjustment will appear on your statement. Long Positions will be credited an adjustment and Short Positions will be debited.

There are no taxes applied by FXCM when you open and close a CFD position.

However, as per the US tax code, a withholding tax applies on dividend adjustments to traders of equity derivatives of US stocks. In accordance with FXCM's obligation under these US tax rules, 30% of all credited Dividend adjustments on SSCFDs or Stock Baskets are withheld and passed on by FXCM to the IRS.³

This tax treatment is applied by default to all positions and may be subject to change in the future. Rebates may be available depending on your individual tax and residency circumstances. Visit our CFD Product guide for more information.

With the exception of Dividends and Stock Splits. FXCM do not process most corporate actions. In the event of any corporate action, FXCM shall determine in accordance with market practice the appropriate adjustment, if any, to be made to the current contract value or contract quantity of any open positions in order to preserve the economic equivalent of your position or to reflect the effect of the event on the relevant underlying share.