Trade Equity Indices
Take a position on popular stock markets by trading Equity Indices including the Dax, Dow, FTSE and Nasdaq.
Symbol | Minimum Price Fluctuation | Spreads As low as | Max Trade Size | Margin Percentage | Long Swap Value (Margin Currency)* | Short Swap Value (Margin Currency)* | Limit and Stop Levels** | |
---|---|---|---|---|---|---|---|---|
EU50Cash | 0.01000 | 1.6 | 190 | 1 % | -0.85 | 0.02 | 0 | Read More |
NETH25Cash | 0.01000 | 0.3 | 1010 | 1 % | -0.16 | 0.01 | 0 | Read More |
IT40Cash | 1.00000 | 10 | 40 | 1 % | -5.97 | 0.16 | 0 | Read More |
US100Cash | 0.01000 | 1.8 | 210 | 100 % | -3.97 | 0.71 | 0 | Read More |
JP225Cash | 1.00000 | 7 | 10230 | 100 % | -3.53 | -3.02 | 0 | Read More |
US500Cash | 0.01000 | 0.6 | 750 | 100 % | -1.22 | 0.21 | 0 | Read More |
AUS200Cash | 0.01000 | 1.9 | 240 | 1 % | -1.64 | 0.3 | 0 | Read More |
FRA40Cash | 0.01000 | 1.7 | 140 | 1 % | -1.23 | 0.03 | 0 | Read More |
HK50Cash | 1.00000 | 8 | 360 | 1.5 % | -4.16 | 0.82 | 0 | Read More |
SWI20Cash | 0.01000 | 3.75 | 80 | 1 % | -1.29 | -0.66 | 0 | Read More |
UK100Cash | 0.01000 | 1.4 | 170 | 100 % | -1.76 | 0.39 | 0 | Read More |
US30Cash | 0.01000 | 4 | 160 | 100 % | -8.92 | 1.48 | 0 | Read More |
GER40Cash | 0.01000 | 1.8 | 160 | 100 % | -3.5 | 0.09 | 0 | Read More |
SA40Cash | 0.01000 | 55 | 150 | 100 % | -22.62 | 8.93 | 0 | Read More |
ChinaHCash | 0.01000 | 3.9 | 650 | 100 % | -1.49 | 0.29 | 0 | Read More |
Sing30Cash | 0.01000 | 0.33 | 1150 | 100 % | -0.06 | 0 | 0 | Read More |
CA60Cash | 0.01000 | 0.85 | 1000 | 100 % | -0.26 | 0.01 | 0 | Read More |
US2000Cash | 0.01000 | 0.6 | 700 | 100 % | -0.48 | 0.08 | 0 | Read More |
China50Cash | 0.01000 | 7.5 | 130 | 100 % | -2.74 | 0.46 | 0 | Read More |
SPAIN35Cash | 1.00000 | 6 | 90 | 1 % | -2.08 | 0.06 | 0 | Read More |
* Swap rates are calculated based on the Index Currency’s relevant interbank rate. Long positions are charged with the relevant interbank rate plus a mark-up and short positions receive the rate minus a mark-up. The operation is conducted at 00:00 (GMT+2 time zone, please note DST may apply) and can take several minutes. For positions held open at the close of trading on Friday, swap is charged for 3 days.
** Min. level for placing pending orders at a current market price.
The margin requirement for CFDs is calculated like this : Lots x Contract Size x Opening Price x Margin Percentage and not based on the leverage of your trading account.
The margin is always 50% when you hedge positions on CFDs and if your margin level is over 100%.
Symbol | Description | Server Time | Weekday | Monday Open | Friday Close | |
---|---|---|---|---|---|---|
EU50Cash | EU Stocks 50 | GMT +2 | 02:20-22:55 | 02:20 | 22:55 | Read More |
NETH25Cash | Netherlands 25 | GMT +2 | 09:05-22:55 | 09:05 | 22:55 | Read More |
IT40Cash | Italy 40 | GMT +2 | 09:05-22:45 | 09:05 | 22:45 | Read More |
US100Cash | US Tech 100 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
JP225Cash | Japan 225 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
US500Cash | US 500 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
AUS200Cash | Australia 200 | GMT +2 | 00:55-07:25,08:15-22:55 | 00:55 | 22:45 | Read More |
FRA40Cash | France 40 | GMT +2 | 09:05-22:55 | 09:05 | 22:55 | Read More |
HK50Cash | Hong Kong 50 | GMT +2 | 03:20-05:55,07:05-10:25,11:20-20:55 | 03:20 | 20:55 | Read More |
SWI20Cash | Switzerland 20 | GMT +2 | 09:05-22:55 | 09:05 | 22:55 | Read More |
UK100Cash | UK 100 | GMT +2 | 01:05-23:55 | 01:10 | 22:55 | Read More |
US30Cash | Wall Street 30 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
GER40Cash | Germany 40 | GMT +2 | 01:10-01:55,02:20-23:55 | 01:10 | 22:55 | Read More |
SA40Cash | SA40Cash, South Africa 40 Index Cash | GMT +2 | 08:35-17:25 | 08:35 | 17:25 | Read More |
ChinaHCash | ChinaHCash, Hong Kong China H-shares Index Cash | GMT +2 | 03:20-05:55,07:05-10:25,11:20-20:55 | 03:20 | 20:55 | Read More |
Sing30Cash | Sing30Cash, Singapore 30 Index Cash | GMT +2 | 02:35-11:15,11:55-22:40 | 02:35 | 22:40 | Read More |
CA60Cash | CA60Cash, Canada 60 Index Cash | GMT +2 | 09:05-16:10,16:35-23:15 | 09:05 | 23:15 | Read More |
US2000Cash | US2000Cash, US 2000 Index Cash | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
China50Cash | China50Cash, ChinaA50 Index Cash | GMT +2 | 03:05-10:25,11:05-22:40 | 03:05 | 22:40 | Read More |
SPAIN35Cash | Spain 35 | GMT +2 | 09:05-20:55 | 09:05 | 20:55 | Read More |
Symbol | Minimum Price Fluctuation | Spreads As low as | Max Trade Size | Margin Percentage | Limit and Stop Levels** | |
---|---|---|---|---|---|---|
US100 | 0.01000 | 4.3 | 170 | 100 % | 0 | Read More |
USDX | 0.00100 | 0.05 | 950 | 1 % | 0 | Read More |
EU50 | 0.01000 | 3 | 280 | 1 % | 0 | Read More |
FRA40 | 0.01000 | 3.5 | 170 | 1 % | 0 | Read More |
US30 | 0.01000 | 9.6 | 160 | 100 % | 0 | Read More |
US500 | 0.01000 | 1.3 | 270 | 100 % | 0 | Read More |
JP225 | 1.00000 | 14 | 10700 | 100 % | 0 | Read More |
UK100 | 0.01000 | 4.5 | 120 | 100 % | 0 | Read More |
SWI20 | 0.01000 | 6.8 | 90 | 1 % | 0 | Read More |
GER40 | 0.01000 | 3.75 | 230 | 100 % | 0 | Read More |
VIX | 0.01000 | 0.08 | 15000 | 100 % | 0 | Read More |
** Min. level for placing pending orders at a current market price.
The margin requirement for CFDs is calculated like this : Lots x Contract Size x Opening Price x Margin Percentage and not based on the leverage of your trading account.
The margin is always 50% when you hedge positions on CFDs and if your margin level is over 100%.
Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
Symbol | Description | Server Time | Weekday | Monday Open | Friday Close | |
---|---|---|---|---|---|---|
US100 | US Tech 100 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
USDX | US Dollar Index | GMT +2 | 03:05-23:55 | 03:05 | 23:10 | Read More |
EU50 | EU Stocks 50 | GMT +2 | 02:20-22:55 | 02:20 | 22:55 | Read More |
FRA40 | France 40 | GMT +2 | 09:05-22:55 | 09:05 | 22:55 | Read More |
US30 | Wall Street 30 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
US500 | US 500 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
JP225 | Japan 225 | GMT +2 | 01:05-23:55 | 01:05 | 23:50 | Read More |
UK100 | UK 100 | GMT +2 | 01:05-23:55 | 01:10 | 22:55 | Read More |
SWI20 | Switzerland 20 | GMT +2 | 09:05-22:55 | 09:05 | 22:55 | Read More |
GER40 | Germany 40 | GMT +2 | 01:10-01:55,02:20-23:55 | 01:10 | 22:55 | Read More |
VIX | VIX, Volatility Index Futures (S&P500) | GMT +2 | 01:05-23:45 | 01:05 | 23:00 | Read More |
Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
Description | Symbol | Available Contract | Open Date | Close Only Date* | Expiry Date* | Contract Months | Contract Expirations** |
---|---|---|---|---|---|---|---|
Japan 225 | JP225 | Mar | 2024-12-11 | 2025-03-12 | 2025-03-13 | MAR, JUN, SEP, DEC | Contract Expirations | Switzerland 20 | SWI20 | Mar | 2024-12-18 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | UK 100 | UK100 | Mar | 2024-12-18 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | US 500 | US500 | Mar | 2024-12-19 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | VIX, Volatility Index Futures (S&P500) | VIX | Jan | 2024-12-16 | 2025-01-21 | 2025-01-22 | Monthly | Contract Expirations | EU Stocks 50 | EU50 | Mar | 2024-12-18 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | France 40 | FRA40 | Jan | 2024-12-18 | 2025-01-20 | 2025-01-21 | Monthly | Contract Expirations | Germany 40 | GER40 | Mar | 2024-12-18 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | US Tech 100 | US100 | Mar | 2024-12-19 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | Wall Street 30 | US30 | Mar | 2024-12-19 | 2025-03-20 | 2025-03-21 | MAR, JUN, SEP, DEC | Contract Expirations | US Dollar Index | USDX | Mar | 2024-12-12 | 2025-03-14 | 2025-03-15 | MAR, JUN, SEP, DEC | Contract Expirations |
*The Close Only and Expiry Dates may change as we get closer to the actual date. This is due to the rules set by our liquidity providers governing futures contract rolling, and is based on the liquidity of both the active contract and the next to expire. The business day following the open date of the new instrument is the expiry date of the previous contract.
**The Expiry Date will vary each month and is based on our liquidity providers’ rolling schedules and the liquidity of the contracts.
Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
Dividend Adjustments on Cash Indices (excluding GER40)
CFDs on Cash Indices are subject to dividend adjustments. When an index constituent pays dividends to its shareholders it is essentially reducing the value of the company by the amount of the dividend. This is reflected on the ex-dividend date as a decrease of the company share price, as well as in a decrease in the value of the index in proportion to the weight of the stock within the index. To ensure no impact on positions, dividend adjustments will be made to the accounts of clients holding a position on the index at 00:00 (GMT+2 time zone, please note DST may apply) on the ex-dividend date. The dividend adjustment is made before the market open on the ex-dividend date (market hours can be found above). CFDs on Germany40 (GER40Cash) are not subject to dividend adjustments because the dividends paid by its constituent stocks are reinvested in the index itself. Thus, no downward adjustment occurs due to a constituent paying a dividend. CFDs on Future Indices are also not subject to dividend adjustments.
Dividend adjustments on long positions are credited to your account after deducting any applicable withholding taxes. The amount deducted may vary depending on the underlying financial instrument. The withholding tax deduction does not apply to short positions.
Buy trades will receive an amount calculated as follows:
Dividend adjustment = Index Dividend declared x position size in Lots
Sell trades will be charged an amount calculated as follows:
Dividend adjustment = Index Dividend declared x position size in Lots
Index Dividends
The symbols shown are only the symbols (instruments) expected to pay dividends this week. Dividend figures represent the expectations of our liquidity providers and are subject to change.
Symbol | Mon 23 Dec | Tue 24 Dec | Thu 26 Dec | Fri 27 Dec |
---|---|---|---|---|
JP225Cash | - | - | - | 46.835 |
UK100Cash | - | 0.613 | - | - |
US500Cash | 0.354 | - | 0.527 | 0.527 |
US100Cash | 3.592 | - | - | - |
AUS200Cash | - | 1.077 | - | 0.152 |
What are Equity Indices (Stock Indices)?
Equity indices, or stock indices, are in simple language indexes that represent the overall price of a basket of underlying stocks.
The major equity indices (stock indices of the world) include, but are not limited to, the following:
- S&P 500
- Dow Jones
- Nasdaq
- FTSE100
- Nikkei225
- DAX
- CAC40
- Euro Stoxx 50
- ASX200
Stock indices are in most cases a representation of the overall picture of the stock market, which their basket belongs to. In most cases, the underlying stocks that belong to a stock index consist of the most influential (largest capitalization) companies.
How Does Equity Indices Trading Work?
During any trading day, stock prices of specific companies will go up or down. Since a stock index is a compilation of a basket of underlying stocks, its actual price will move up or down based on the overall dynamics (mathematical and statistical formula) of which each stock price contributes to its final price.
The following are useful points to understand when trading equity indices:
- All the stocks in a specific equity index (e.g. Dow Jones) are subject to a selection process and might be substituted by another company if their overall trading performance is overcome from a newcomer. In other words, the companies that belong to a basket are not guaranteed to be always the same.
- The determination of the influence of a specific stock to the overall stock index includes calculations and rules. Not all stocks that add up to the basket are treated as equal. In simple words, the overall price of stock index is not a simple addition of the prices of the stocks and a division by the number of stocks.
- A stock index shows the general consensus and can be considered a benchmark of performance of the overall stock market with historical value.
- As mentioned in point 2, since not all stocks that belong to the basket are treated as equal, more weight is given to the index from companies with larger capitalization. This means that if the stock of a specific large company falls for any reason, the overall index will follow it even though the rest of the stocks in the basket might not be falling.
- As mentioned in point 1, the underlying stocks that belong to the basket, which is called an index, change over time. Over a historical period, the index itself does not always represent the same basket of stocks.