CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
In CFD trading, you can manage your positions using different trading modes: Hedging or Aggregating. Each mode affects how your trades are grouped, displayed, and managed in your account. Below is a breakdown of the key differences to help you understand how they work.
❗️ Important
Effective 21.06.2025, new or existing accounts will no longer be supported in aggregating trading mode. Going forward, all trading accounts will operate in Hedging mode.
Position management
- Hedging mode: Allows you to open multiple positions on the same instrument in both directions, e.g., long and short at the same time. Each position is tracked separately. Position reversals, e.g., buying 100 when you’re short 80, do not automatically close and reverse your exposure. Instead, a new opposite position is opened.
💡 Example
You buy 100 units of ABC and later sell 100 units. You’ll have two open positions: one long and one short.
- Aggregating mode: Combines all open trades on the same instrument into a single net position. Opposing trades are offset against each other.
💡 Example
You buy 100 units of ABC and later sell 100 units. Your position is netted to zero and closed.
Order closing behaviour
- Hedging: You can close each position individually in the order you choose, e.g., FIFO or manual.
- Aggregating: There’s only one net position to manage, and partial closes reduce the total size.
Profit & Loss visualisation
- Hedging: Profit and loss are displayed individually for each position and the combined total, enabling you to clearly track the performance of each trade independently.
- Aggregating: Profit and loss are displayed as a single value for your net position.
Stop Loss & Take Profit
- Hedging: You can set separate stop-loss and take-profit orders for each position.
- Aggregating: Only one set of stop-loss and take-profit orders per instrument is possible.