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Why trade indices with MagnoFX

Access extensively traded global indices, including the S&P and the US Tech 100, through a broker who understands your requirements.

Stop Out Protection

Trade FX with an innovative market protection feature designed to safeguard your positions from short-term market fluctuations, preventing or minimizing stop outs and delays.

Low and stable spreads

Engage in FX trading with consistently low and and transparent fee. Benefit from narrow spreads that remain steady, even amidst economic news releases and market events.

Fast execution

Leverage the frequent price movements of popular currency pairs with lightning-fast execution. Have your FX trading orders executed within milliseconds.

Indices trading conditions

Market Execution

SymbolAvg. spread
pips		Commission
per lot/side		Margin
1:500 		Long swap
pips		Short swap
pips		Stop level*
pips
AUDUSDm Australian Dollar vs US Dollar
• Extended Swap-free available
1.4$10.05%−0.3100
DXYm US Dollar Index1.4$10.05%−0.3100
EURUSDm Euro vs US Dollar
Extended Swap-free available
1.4$10.05%−0.3100
GBPUSDm Great Britain Pound vs US Dollar
Extended Swap-free available
1.4$10.05%−0.3100
NZDUSDm New Zealand Dollar vs US Dollar
Extended Swap-free available
1.4$10.05%−0.3100
USDCADm US Dollar vs Canadian Dollar
Extended Swap-free available
1.4$10.05%−0.3100
USDCHFm US Dollar vs Swiss Franc
Extended Swap-free available
1.4$10.05%−0.3100
USDJPYm US Dollar vs Japanese Yen
Extended Swap-free available
1.4$10.05%−0.3100

Indices market conditions

The global index market comprises an extensive network of stock indices, often comprising thousands or hundreds of stocks, ranging in size from large-cap to small-cap companies. Speculation on the price movements of diverse stock indices is possible via the award-winning trading platform of Magno Fx, without the need to purchase the underlying asset.

Spreads

Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please refer to the trading platform.

Spreads

Spreads are subject to fluctuation. The spreads listed in the table above represent averages calculated. For real-time spreads, kindly consult the trading platform.

It's important to note that spreads may widen during periods of reduced market liquidity, such as rollover time. This widening may persist until liquidity levels return to normal.

Swaps

Swap refers to the interest applied to all forex trading positions held overnight. Swaps are calculated at 22:00 GMT+0 daily, excluding weekends, until the position is closed.

To assist you in estimating your swap costs, utilize our convenient MagnoFx calculator or the trading platform. It's important to note that when trading forex pairs, triple swaps are applied on Wednesdays to account for financing costs accrued over the weekend.

For instruments indicated in the table above, swap charges are waived if you have Extended swap-free status.

Fixed margin requirements

Maximum available leverage for selection remains at 1:500 on CFD indices.

Stop level

Stop level values listed in the table above are subject to change and may not be accessible for traders employing specific high-frequency trading strategies.

Frequently asked questions

What are the advantages of trading CFD Indices?

Trading CFD Indices presents an excellent avenue for accessing the stock indices market without possessing the actual assets.

By speculating on index performance rather than investing in it outright, you can profit from price fluctuations, regardless of their direction.

Leveraging allows entry into the global indices market with a fraction of the capital needed for direct investment.

This not only broadens access to major indices for many traders but also offers diverse trading prospects across various time frames, particularly when complemented with robust technical analysis of index charts.

What is the difference between CFD and indices?

The key contrast lies in leverage trading, which is available with Index CFDs, offering increased market exposure with less capital. With Index CFDs, you can trade a range of indexes, including but not limited to S&P 500, NASDAQ 100, Dow Jones Industrial Average, DAX30, FTSE 100, and others.

Differences between trading index CFDs and stock CFDs

Although both CFD Indices and Stock CFDs enable speculation on market direction without asset ownership, they exhibit significant disparities:

Market scope: CFD Indices permit speculation on entire sectors or national economies, whereas Stock CFDs are confined to individual companies.

Trading timeframe: While many CFD Indices offer 24-hour trading, Stock CFDs typically adhere to exchange trading hours.

Volatility: CFD Indices frequently demonstrate lower price volatility compared to individual stocks, reflecting the broader market they represent.

What is the leverage available on CFD Indices?

Magno Fx offers a maximum leverage of up to 200x on all CFD Indices.