Trade stock indices as CFDs
The S&P 500, Nasdaq 100, Dow Jones, DAX 40, FTSE 100, Nikkei 225 and other indices on MetaTrader 5, long or short. S&P 500 spreads start at 0.3 points.
CFDs use leverage. You can lose money quickly, and you can lose all of the money you deposit. Only trade with money you can afford to lose.
Eight index prices
What an index CFD is
A stock index measures a group of shares. The S&P 500 follows about 500 large US companies and the Nasdaq 100 the 100 largest non-financial companies on Nasdaq. The FTSE 100 covers the 100 largest companies on the London Stock Exchange, and the DAX 40 Germany's 40 largest. An index CFD lets you take one position on the whole index instead of buying single shares.
Index prices react to company results, central-bank decisions and economic data such as US inflation and jobs figures. Spreads usually widen around these releases.
Each index trades during its exchange's hours. US indices also trade before and after the New York cash session, when spreads are usually wider.
Trading indices with us
Index spreads
S&P 500 (US500) spreads start at 0.3 points, Nasdaq 100 at 1 point and DAX 40 at 0.8 points. These are the lowest spreads we quote, and they widen outside each index's main session.
Going short
You can sell an index you do not own, without borrowing shares. A short position gains if the index falls and loses if it rises, with no limit on how far it can rise.
US indices outside cash hours
The S&P 500, Nasdaq 100 and Dow Jones also trade before and after the New York cash session. Results and news released then can move prices before the open.
Leverage up to 1:100
$100 of margin controls $10,000 of S&P 500 exposure. A move of one per cent against you loses the whole $100. You can choose a lower leverage.
Index trading conditions
* 0.3 points is the lowest S&P 500 spread we quote, during the US cash session. Spreads vary by account type and are wider outside the cash session. Maximum leverage is 1:100 on major indices; other indices can carry lower leverage.
Common questions
What is an index CFD?+
A CFD that follows the price of a stock index, such as the S&P 500 or the FTSE 100. You take one position on the whole index and own no shares. If the index rises 50 points, a long position gains 50 points multiplied by its size; a 50-point fall loses the same.
Can I short an index?+
Yes. You can sell (go short) any index during its trading hours, without borrowing shares. A short position gains if the index falls and loses if it rises, with no limit on how far it can rise.
Which index CFDs does NAMH offer?+
US: S&P 500, Nasdaq 100 and Dow Jones. Europe: FTSE 100, DAX 40, CAC 40, IBEX 35 and Euro Stoxx 50. Asia-Pacific: Nikkei 225, Hang Seng and ASX 200. The full list, with contract details, is in MT5 Market Watch.
What leverage is available on indices?+
Up to 1:100 on major indices such as the S&P 500 and Nasdaq 100. Other indices can carry lower leverage, shown in each symbol's MT5 specification. Under our Terms, retail accounts have negative balance protection: if your balance goes below zero, we reset it to zero.
When do index CFDs trade?+
Each index follows its exchange's hours: New York for US indices, London for the FTSE 100 and Frankfurt for the DAX 40. US indices also trade before and after the New York cash session. The times for each index are in its MT5 symbol specification.
Is there overnight financing on indices?+
Yes. An index position held past the daily rollover pays or earns swap, depending on its direction and on interest rates. The rate, and the day on which three days' swap is charged to cover the weekend, are in each symbol's MT5 specification.
Account types
ECN account
Lower spreads plus $5 per standard lot, round turn. Minimum deposit $10,000.
Pro account
The cost of each trade is in the spread. You need $5,000 to open it.
Standard account
Every index we offer, with no commission; you pay the spread.
Opening an account
Registering takes a few minutes. You can try a demo first and trade index CFDs with virtual money on the same MT5 platform.
CFDs use leverage. You can lose money quickly, and you can lose all of the money you deposit. Only trade with money you can afford to lose.
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