CFD/FX Trading Involves Risk. Losses May Exceed Deposits.

Advantages of Forex Trading

  • Trade With Indices
  • Micro-contracts
  • Enhanced CFD Execution
  • No Exchange Fees

Indices are the most popular form of CFDs.

UBFX has a large range of Indices from around the world to choose from, including the Australian S&P 200 Index, UK FTSE 100 Index, US E-mini S&P 500 and US DJIA Index.
Indices-Spreads/Conditions
Symbol Name Minimum Spread Average Spread Minimum Price Fluctuation Minimum Lots Maximum Lots Limit and Stop Levels Margin Rate Trading Hours
AUS200 Australia 200 Spot Index CFD 12 15 0.01 1 lot 250 lots 1.0 1% 00:50- 07:30
08:10- 22:00
(Monday 00:50 Open
Friday 22:00 Close)
EUSTX50 Euro Stoxx 50 Spot Index 7 10 0.01 1 lot 500 lots 1.0 1% 9:00- 23:00
(Monday 09:00 Open
Friday 22:55 Close)
FRA40 France CAC40 Spot Index 6 8 0.01 1 lot 1000 lots 1.0 1% 09:00- 23:00
(Monday 09:00 Open
Friday 23:00 Close)
GER30 Germany 30 (DAX) Spot Index 6 8 0.01 1 lot 1000 lots 1.0 1% 01:00-23:15
23:30-23:59
(Monday 01:00 Open
Friday 23:57 Close)
HK50 Hong Kong 50 Spot Index 17 20 0.01 1 lot 1000 lots 1.0 1% 03:15- 06:00
07:00- 10:30
11:15- 17:45
(Monday 03:15 Open
Friday 17:45 Close)
JPN225 Japan 225 Spot Index 12 15 0.01 1 lot 25000 lots 1.0 1% 01:00- 23:15
23:30- 00:00
(Monday 01:00 Open
Friday 23:15 Close)
NAS100 US Nasdaq100 Spot Index 8 10 0.01 1 lot 2000 lots 1.0 1% 1:00- 23:15
(Monday 01:00 Open
Friday 23:15 Close)
SPA35 Spain 35 Spot Index 8 10 0.01 1 lot 250 lots 1.0 1% 10:00- 21:00
(Monday 10:00 Open
Friday 21:00 Close)
SWI20 Swiss 20 Spot Index 8 10 0.01 1 lot 250 lots 1.0 1% 09:00- 23:00
(Monday 09:00 Open
Friday 22:55 Close)
UK100 FTSE 100 Spot Index 6 8 0.01 1 lot 1000 lots 1.0 1% 01:00- 23:15
23:30- 23:59
(Monday 01:00 Open
Friday 23:15 Close)
US30 US Dow Jones 30 Spot Index 6 8 0.01 1 lot 2500lots 1.0 1% 01:00- 23:15
23:30- 23:59
(Monday 01:00 Open
Friday 23:15 Close)
US500 US S&P500 Spot Index 5 8 0.01 1 lot 1000 lots 1.0 1% 01:00- 23:15
23:30- 23:59
(Monday 01:00 Open
Friday 23:15 Close)
US2000 Russell 2000 Index 5 8 0.01 1 lot 250 lots 1.0 1% 00:01-01:00
03:00-23:59
(Monday 01:00 Open
Friday 23:57 Close)
Assets
NAS100
Buying Price
$5680.00(Buy)
Selling Price
$5696.00(Sell)
Spread Profit
$16.00
Profit
$16.00 x 2 Contracts = $32.00

Examples of trading Indices

Trading NASDAQ-100

Entering Order

The price of NASDAQ-100 is 5679.00/5680.00. After observing the index of NASDAQ you believe that it is highly undervalued; so you decide to buy 2 contracts at 5680.00 (One contract is equal to $1 per index point). No commission is charged on trading Indices.

For every point that the bid quote on NASDAQ-100 rises above 1.00 you will make a profit of $2 USD, for every point the bid quote falls below 1.00 you will lose $2 USD.

Close Position

Four days later, the NASDAQ-100 Index has risen to 5696.00/5697.00 and you decide to take your profit. You close your position by selling all contracts at 5696.00.

The calculation of your trading profits:

Tips:

1. This table illustrates the lowest spreads available on these indices available during the opening hours of the trading session in the underlying market. Spreads may we wider when the underlying market is closed or during extended trading hours.

2. Indices Trading will involve 3 charged fees:

A. Swap

B. Dividend Fee

C. Index Dividend: The NASDAQ Composite is an example of a composite index.

A number of equities, indices or other variables are grouped together and standardised, to provide a statistical measure of a market or sector’s overall performance over time. They provide a useful benchmark against which to measure an investor’s portfolio. Composite indices can be either price-weighted or capitalisation-weighted: the term ‘composite’ simply defines how the contents are sourced.

Dividend payments from the constituent shares of an index will generally cause the price of that index to fall. This is because the value of an individual share tends to drop on its ex-dividend date by the amount of the declared dividend.

If you have a futures position on an index, any expected dividend and interest payments will be factored into the price of the contract, so you won’t be affected by a drop in the index price.

If you have a long CFD position on an index that lists a company offering a dividend, you will also receive the dividend just as the company's shareholders would. So, provided that you hold your long position at close of business on the day before the ex-dividend date, you shouldn’t find yourself adversely affected. The dividend payment you receive should counter-balance any loss caused by the drop in the price of the index. If you have a short position open at that point, you will pay the dividend instead.

UBFX will make compensation for the traders who hold multiple positions. As for the traders who have empty position, we will deduct that, because with Index Dividend, the price of index will fall.

Index Dividend = dividend stocks x (number of shares in the stock/index factor), index will different according dividend stocks.

3. Index Margin = contract * market price * margin rate