Cash, not futures
Cash index pricing tracks the underlying benchmark directly, with no basis to the front-month future and no quarterly roll.
Trade the UT100-20 (Nasdaq 100) and the benchmarks that set global risk sentiment. One ticket gives you exposure to an entire index, without the single-stock earnings risk that comes with picking a name.
Cash index pricing tracks the underlying benchmark directly, with no basis to the front-month future and no quarterly roll.
US benchmarks price for 23 hours a day, so an overnight headline is something you can trade rather than gap into.
A single index position spreads risk across every constituent, which is why it behaves very differently from a share CFD.
Four forces explain most of the variance. Everything else is noise around them.
Spreads are typical values on a Pro account during the most liquid session for the instrument. Margin is derived directly from the leverage cap.
| Symbol | Instrument | Spread from | Tick size | Price precision | Max leverage | Margin | Hours |
|---|---|---|---|---|---|---|---|
| US30 | Dow Jones 30 | 1.6pts | 1 | 0 dp | 1:200 | 0.5% | 23/5 |
| NAS100 | Nasdaq 100 | 1.0pts | 0.1 | 1 dp | 1:200 | 0.5% | 23/5 |
| SPX500 | S&P 500 | 0.4pts | 0.1 | 1 dp | 1:200 | 0.5% | 23/5 |
| GER40 | DAX 40 | 0.9pts | 0.1 | 1 dp | 1:200 | 0.5% | 14/5 |
| UK100 | FTSE 100 | 1.0pts | 0.1 | 1 dp | 1:200 | 0.5% | 14/5 |
| JP225 | Nikkei 225 | 7.0pts | 1 | 0 dp | 1:200 | 0.5% | 22/5 |
The calculator opens on this market. Change the instrument, lot size and stop to see margin, pip value and the exact loss at your stop.
Position calculator
Margin · pip value · risk
Fixed for Indices.
Reference price
39,812.0
Loss at stop
−$250.00
2.50% of balance
Profit at target
+$500.00
2.00:1 reward-to-risk
Risk vs 2% reference
AboveThis position needs more margin than the account holds. Reduce the lot size or increase the balance.
Figures are indicative and use a reference price rather than a live quote. Actual margin and spread are applied by the platform at execution.
Four steps, none of which depend on us calling you back. The slowest part is usually the bank.
Step 1 of 4
Create the account with an email address and a phone number. You reach the client area immediately and can explore the platforms on a demo balance while verification runs.
Also on your account
Energies — WTI, Brent and natural gas at competitive, continuous pricing.
Track currency strength and trade major, minor and exotic pairs from one watchlist.
Spreads shown are typical values on a Pro account during the London and New York overlap. See the full spec sheet.