FAANGS Index
FAANGS Index market insights
Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.
If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.
Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.
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Economic calendar
FAANGS Index details
FAANG is the acronym for five of the largest US technology companies: Facebook (now Meta), Amazon, Apple, Netflix and Google (now Alphabet).
The FAANG companies are considered five of the most important companies in the world. Not only are their services used daily by consumers, but their shares are among the most traded globally.
You can take a position on how the five companies – as well as the shares of other major Nasdaq-listed tech stocks, such as Tesla and Intel – will perform with just a single position using our proprietary FAANG+ index.
| Margin from | 20.0 % |
| Min trade size | 1 |
| Long | 0 |
| Short | 0 |
| Min stop distance | 0.0 Points |
| Guaranteed order minimum | 100 Points |
Spreads
| Spreads from | 6.0 Points |
Margins
| 0 - 12,584 | 20.0 % |
| 12,584 + | 50.0 % |
Dealing
| Spreads from | 6.0 Points |
Margins
| 0 - 12,584 | 20.0 % |
| 12,584 + | 50.0 % |
Indices explained
What are indices?
Discover everything you need to know about stock indices, including how to trade them and which markets are available to you.
Why trade indices?
Trading indices enables you to get exposure to an entire economy or sector with one single position, instead of opening multiple trades across several companies.
How to trade indices
Want to know how to trade an index using CFDs? This section breaks down every aspect of your first trade.