Open Second Contract Share Trading Account | Stock Market Trading Platform

Name: ATFX
Brand: ATFX
Rating: 4.8 (118 reviews)

ATFX ► Markets ► US & European Share Trading

Trade Second Contract

ATFX offers a wide range of Second Contract shares across its online trading platform. Start trading now to benefit from competitive spreads, high quality trade execution, and no commission.

Create demo account

Create demo account

Create live account

Create live account

Why Trade with ATFX?

Competitive Prices

We source our prices from multiple venues to ensure you get the best prices for Second Contract trading.

Trade Short and Long

Take up a long or short position when trading with Second Contract and make potential gains from price movements.

Trade on Leverage

Gain full exposure with a relatively small deposit when you trade Second Contract stocks with ATFX.

No commission or Hidden Fees

ATFX offers zero commission when trading Second Contract shares. That, combined with zero bank fees charged on transactions results in more profitable trading.

Shares Second Contract offered by ATFX

Products Product Names Currencies

#AAPL Apple, Inc. USD

#ABT Abbott Laboratories USD

#ADBE Adobe Systems Incorporated USD

#AIG American International Group, Inc. USD

#AMZN Amazon.com, Inc. USD

#AXP American Express Company USD

#BA Boeing Company USD

#BABA Alibaba Group Holding Limited USD

#BAC Bank of America Corporation USD

#BILI Bilibili Inc. USD

#C Citigroup Inc. USD

#CAT Caterpillar Inc. USD

#CHA China Telecom Corp Ltd. USD

#CHL China Mobile Limited ADR USD

#CL Colgate-Palmolive Company USD

#COIN Coinbase Global Inc USD

#COST Costco Wholesale Corporation USD

#CSCO Cisco Systems, Inc. USD

#CVS Chevron Corporation USD

#CVX Chevron Corporation USD

#DIS Walt Disney Company USD

#DUK Duke Energy Corporation USD

#EBAY eBay Inc. USD

#F Ford Motor Company USD

#FB Facebook, Inc. USD

#FDX FedEx Corporation USD

#GE General Electric Company USD

#GM General Motors Company USD

#GOOG Alphabet Inc Class C(Google) USD

#GS Goldman Sachs Group, Inc. USD

#HD Home Depot Inc. USD

#HON Honeywell International Inc. USD

#HPQ Hewlett-Packard Company USD

#IBM International Business Machines Corp USD

#INTC Intel Corporation USD

#JD JD.com, Inc. USD

#JNJ Johnson & Johnson USD

#JPM JP Morgan Chase & Co. USD

#KO Coca-Cola Company USD

#LMT Lockheed Martin Corporation USD

#MA MasterCard, Inc. USD

#MCD McDonald’s Corporation USD

#MMM 3M Company USD

#MSFT Microsoft Corporation USD

#NFLX Netflix, Inc. USD

#NIO NIO Inc USD

#NOK Nokia Corp ADR(SPC) USD

#ORCL Oracle Corporation USD

#PDD Pinduoduo Inc USD

#PFE Pfizer Inc. USD

#PG Procter & Gamble Company USD

#PTR PetroChina Company Limited USD

#QCOM Qualcomm USD

#RACE Ferrari N.V. USD

#SHI SINOPEC Shanghai Petrochemical Company, LTD USD

#SINA Sina Corporation USD

#SNP China Petroleum & Chemical Coporation USD

#T AT&T Inc. USD

#TSLA Tesla Motors, Inc. USD

#TWTR Twitter, Inc. USD

#UBER Uber Technologies Inc. USD

#UGI UGI Corporation USD

#V Visa, Inc. USD

#WB Weibo Corporation USD

#WMT Walmart Inc USD

#XOM Exxon Mobil Corporation USD

#ZM Zoom Video Communications Inc USD

#ADS Adidas AG EUR

#ALV Allianz AG EUR

#BAS BASF SE EUR

#BAYN Bayer AG EUR

#BEI Beiersdorf EUR

#BMW Bayerische Motoren Werke AG EUR

#CBK Commerzbank AG EUR

#DAI Daimler AG EUR

#DB1 Deutsche Boerse AG EUR

#DBK Deutsche Bank AG EUR

#DPW Deutsche Post EUR

#DTE Deutsche Telekom EUR

#EON E.On AG EUR

#FME Fresenius Medical Care EUR

#IFX Infineon Technologoeis AG EUR

#LHA Deutsche Lufthansa AG EUR

#LIN Linde EUR

#MUV2 Muenchener Rueckversicherungs EUR

#RWE RWE AG EUR

#SAP SAP SE EUR

#SIE Siemens AG EUR

#VOW Volkswagen EUR

Remarks:

1. Minimum Spread is subject to market volatility.

2. The prices of shares Second Contract will be affected by the underlying shares pay-out dividend, split or merger. For more details please refer to Corporate Actions announcement.

3. Clients who hold shares Second Contract are not entitled to the rights of shares given lack of ownership of those shares.

How do I trade Second Contract Shares with ATFX?

When trading a single Second Contract share there will be corporate actions enforced by the related company. An example of this is a cash dividend. If this has been issued then ATFX will adjust the client’s account accordingly. ATFX will take two actions:

Clients who hold BUY position(s) in a single share Second Contract on the ex-dividend date, will receive a positive cash amount which is equivalent to the dividend payout. (Deposits will be made into the client’s trading account according to their lot size and proportion of the dividend paying underlying securities).
Clients who hold SELL position(s) in a single share Second Contract on the ex-dividend date, will receive a cash amount which is equivalent to the dividend payout. (Withdrawal will be made from the client’s trading account according to their lot size and proportion of the dividend paying underlying securities.)

Adjustment Formula:
Number of shares * Dividend per share = Adjustment amount
(If client account is denominated in USD, the adjustment amount will be converted to USD according to the spot exchange rate)

Cash Dividend

For example, if Apple Inc. (AAPL) announces a $0.01 USD cash dividend to its shareholders. On the ex-dividend date, Apple Inc.’s share price would reflect the corporate action and would drop $0.01 in price. ATFX will make cash adjustments to clients who are holding open positions of the Apple Inc. Second Contract.

If an individual client of ATFX is holding 10,000 shares of BUY positions, the cash adjustment will be calculated using the following equation:

10,000 share Second Contract x 0.01USD = 100USD cash dividend
(Note: If a client is holding 10,000 shares of SELL positions, ATFX will deduct 100USD from the client’s account.)

Share Split or Reserve Share Split

If a company announces a share split or reserve share split, the company’s share price will be subject to significant change.

Reserve Share Split: Second Contract price will increase
Share Split: Second Contract price will decrease

Open positions of the Apple Inc Second Contract. Should this not just say ‘clients who are holding open positions of the relevant Second Contract?’

However, a single share Second Contract will also be affected by corporate action, which may occur when the listed company initiates any business changes Like a share split, reserve share split, or a dividend payout, etc., and as a result may affect the company’s financial position, its share price performance, and the interests of shareholders.

Dividends

A listed company will announce its earnings reports semi-annually (or quarterly). Dividends are subject to approval by a company’s board of directors, and It’s a distribution of a company’s earnings to a specified class of its shareholders. Generally, dividends will be issued in the form of cash dividends or share dividends.

Ex-dividend Date

An ex-dividend is a share trading term that specifies when a declared dividend is owned by the buyer, as opposed to the seller. If an individual buys a share before the ex-dividend day, he or she is then entitled to receive a dividend. If an individual buys a share on or after the ex-dividend date, the buyer no longer had the right to receive the dividend.

Register for an account

1.

Open your account

Complete the Live Trading Account application form. Once we have verified identity, we will set up your account.

2.

Fund your account

Deposit funds from a credit card, E-Wallet or bank transfer to start trading.

3.

Start trading

Trade on every device, including PC, Android, iPad and iPhone or via web browser.

Open Demo Account

Open Live Account