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Know what sits inside the number
Review the benchmark's composition before using it as market context.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Index CFD trading
Trade index CFDs on major global benchmarks, including US 500, US Tech 100, Wall Street 30 and Germany 40, to hedge existing exposure or spread risk across a market instead of picking individual names.
Reference price feed
Prices, changes and 7-day trends on this board are illustrative, not a live feed, and the trend does not describe a real market move. Review applicable account pricing and terms before you trade.
Trend shown is the last 7 days.
Index CFD hours follow the underlying home market and can differ by region.
Account conditions
Conditions shared across IUX account types, not per instrument. Instrument-specific pricing, leverage, swap and margin figures live in the account terms.
Spreads are variable and can widen in volatile or thin markets. Leverage amplifies both gains and losses. Figures per the published IUX account comparison.
Compare accountsStrategy
The common use is offsetting, not forecasting. A trader holding a portfolio of US large caps can take a short position in a broad US index CFD, so that a general market fall is partly offset by the index position while individual holdings are left alone.
Regional exposure works the same way. Holdings concentrated in one market can be hedged with that market's own benchmark: the German, French, UK, Hong Kong or Australian index rather than a US one. A hedge only works to the extent the index and the holdings move together.
Correlation is the whole mechanism and it is never exact. A hedge sized against the wrong benchmark, or held through a period when the two stop moving together, can lose on both sides. This is an educational framework, not investment advice, and leverage applies to the hedge as much as to the position it offsets.
IUX lists 10 index CFDs. US benchmarks are typically the most traded and stay liquid through New York hours; each of the others is deepest during its own home session.
Market framework
This is an educational framework, not investment advice. Use it to organise the question before considering an instrument, its terms and your own risk limits.
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Review the benchmark's composition before using it as market context.
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Consider the relevant session when reading a benchmark move.
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Instrument hours follow the underlying market and can differ by region.
How to start
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Use a demo account with virtual funds to see how orders, leverage and margin behave.
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Check spreads, commission and leverage across the account types before choosing one.
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Fund an account once you understand the terms and the risks.
Continue exploring
Move directly into another asset class without losing the distinction between them, or return to the market overview.
FAQ
An index CFD tracks a basket of shares. The US 500 follows 500 large US companies, so one position gives broad market exposure without picking a single stock.
Major global benchmarks including the US 500, US Tech 100, Wall Street 30, Germany 40, UK 100, Japan 225 and Hong Kong 50.
Take a position in a broad index CFD that moves opposite to the exposure you already hold, typically short an index against long stock holdings, so a general market move is partly offset. Match the index to where the holdings actually are: a US benchmark hedges US names, a regional one hedges regional exposure. The offset only works to the extent the two move together, so correlation, sizing and leverage all matter.
Each index follows its home market session, and liquidity peaks there. US indices are most active during New York hours and are typically the most traded overall; the Germany 40 and UK 100 during European hours; the Hong Kong 50 and Australia 200 during Asian hours. Check instrument-specific hours before trading.
An index answers a broader question, where the market is going rather than where one company is going. It reduces single-company event risk while keeping full market exposure, long or short.