Index CFDs
Trade the global indices around the clock with some of the tightest spreads available. Index CFDs allow you to get access to a basket of the biggest securities in each major market. For example, the S&P500 index is an index weighted average of the top 500 companies available in the US.You can trade the following Index CFDs with Global CFD (update the table with the relevant index CFDs)
SP500 | Nasdaq | Dow Jones | Dax | FTSE100 | Aussie200 | |
Spreads from | 2.0 | 2.0 | 5.5 | 5.0 | 5.0 | 1.5 |
Spreads from Pro | 0.2 | 0.4 | 1.0 | 1.0 | 0.6 | 1.0 |
Min trade size | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Min trade size Pro | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Leverage | up to 200:1 | up to 200:1 | up to 200:1 | up to 200:1 | up to 200:1 | up to 200:1 |
Why trade Index CFDs with Global CFD?
- Commission free trading
- Trade 10 different index CFDs all from the one MT4 account
- Trade with 200 to 1 leverage
- No requotes & No slippage
- Negative balance protection
- Trade 24/5 and access your trades from the PC, mobile or tablet.
Benefits of trading Index CFDs
Index CFDs are the most efficient way to get exposure to the biggest companies in the world without having to outlay brokerage to buy each individual stock.Index CFDs trade around the clock and provide plenty of volatility for the active trader.
Instead of having to monitor 500 individual stocks, Index CFDs make it much easier to run your analysis and get clear buy and sell signals.
Basics of an Index CFD trade
If you wanted to trade the S&P500 index and you thought it was going higher, you would simply buy the SP500 index CFD at market.As of the 20th of August 2017, the SP500 index CFD was trading at 2424.85/2425.85.
The bid price was 2424.85, and the ask price was 2425.85. The spread is the difference between the two prices, in this case, 1 point.
If you wanted to buy the SP500 Index CFD, you would buy at the first selling price, which is 2424.85. You are now long the SP500 Index CFD.
If you wanted to close the position, you would sell it at the first available bid price, which is 2425.85.