Indices Trading FAQs

Browse this FAQ section for more information about indices trading.
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  1. What indices does offer?
  2. What are index CFDs?
  3. What is the cost of index CFD trading?
  4. What is the index CFD nightly finance charge and how is it calculated?
  5. When do index CFD orders expire?
  6. What is the margin for indices trading?

What indices does offer?

With, you can trade US SP 500, UK 100, Germany 30 and more as CFDs. Click here to view our range of indices.

What are index CFDs?

A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.

What is the cost of index CFD trading? is compensated by the spread, which is the difference between the bid and ask prices. View our live spreads.

In addition, you may be charged a nightly finance charge if you hold a position overnight, after 5pm ET.

What is the index CFD nightly finance charge and how is it calculated?

With most CFDs, financing is debited for long positions or credited for short positions daily if you are in a position at 5pm ET.

These charges are typically calculated as follows:

F=(S x P x R)/D

F - Daily Financing Charge

S - Number of CFDs (2500)

P - Closing Price

R - Relevant interest rate benchmark, +250 basis points for long positions or -250 basis points for short positions, e.g. (4.50% + 2.50%) = 7.00%

D - Number of days, i.e. 365 for UK equities and 360 for all others

When do index CFD orders expire?

Index CFD cash markets are non-expiring markets, however all of our index CFD Futures markets do expire.

You can find more information through Key Market Information directly on the desktop download platform. There is an "i" icon for each market.

You can also find this information on the WebTrader's Market 360 section.

When a CFD Futures market expires, we close all open positions based on our most recent prices and all open orders are cancelled. To retain your open positions in a market, you must manually open a new position in the next contract month. You may also set the position to Autoroll prior to executing the position/order. When you launch the deal ticket, you will see a tick box option to Auto-Rollover. This box is located next to your "Direction" selection. If you tick this box, your futures contract will automatically roll to the next contract when it expires. Please note that autoroll is not available on the MetaTrader platform.

What is the margin for indices trading?

Margins for indices vary according to the market and type of account.

For more information on a specific market, please check the Key Market Information or Market 360 within the trading platform.