Trade bonds and fixed income with Uprime Capital LTD.
CFDs on government bond prices, a way to trade views on interest rates.
Bonds & fixed income in four facts.
A way to trade interest-rate views
When yields rise, prices usually fall
US, German and UK bonds
No ownership of the bond
How bond CFD trading works.
A bond is a loan to a government or company that pays interest. Bond prices move opposite to yields: when yields rise, prices usually fall. A bond CFD lets you trade those price moves without buying or holding the bond.
- Government bond CFDs such as the US 10-year, the German Bund and the UK Gilt
- Trade rising and falling prices from one order ticket
- No coupons or maturity dates to manage: you trade the price
Know the drivers.
Central bank interest rate decisions
Inflation and growth data
Government borrowing and credit ratings
Risk sentiment: investors often move into government bonds when markets are nervous
The see-saw in three steps.
Rates rise
New bonds pay more interest, so older bonds that pay less become less attractive.
Prices fall, yields rise
Buyers pay less for the older bonds. Their price falls and their yield goes up.
Rates fall
Older bonds that pay more become more attractive. Their price rises and their yield goes down.
Bond CFDs are not bonds. You do not earn the bond’s interest, and you do not own a fixed-income investment. A bond CFD is a leveraged contract on a price. It can lose money quickly, including more than you expected, so size it carefully and use a stop-loss.
What it costs to trade.
Bond CFDs carry a spread and, on some accounts, commission. Overnight financing applies to positions held open. Prices can move sharply around central bank announcements and inflation data.
| Standard | Pro | VIP | |
|---|---|---|---|
| Spreads | Wider | Tighter | Tightest |
| Commission | None | Per lot | Per lot |
| Minimum deposit | $250 | $1,000 | $10,000 |
Spreads and commissions are examples and vary by instrument. See each account page for the full terms.
Bonds & fixed income, answered.
The return a bond pays, shown as a percentage of its price. Yields and prices move in opposite directions.
No. A CFD follows the price only. You do not receive the bond’s interest payments.
No. A bond CFD is a leveraged contract on a price. It can lose money quickly and is not the same as owning a bond.
Government bonds from the US, Germany and the UK are the most common.
Other markets.
Risk warning. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you understand how they work and whether you can afford the high risk of losing your money.
Open your account.
It takes a few minutes online. Start with a demo if you want to look around first.