Stock Indices
Instrument NameMinimum
Trade Size		Margin Requirement
Per Min Trade Size		Target FXCM SpreadMinimum
Stop
Distance (Points)		Trading Hours (GMT)Break Time (GMT)
USDGBPEUR
US30 1 90 60 60 4(6) 6 Sun 23.00 -
Fri 21.00		 (daily from 21.15
until 21.30)
SPX500 1 120 75 80 0.5 2.0 Sun 23.00 -
Fri 21.00		 (daily from 21.15
until 21.30)
NAS100 1 25 17.5 20 2 4 Sun 23.00 -
Fri 21.00		 (daily from 21.15
until 21.30)
UK100 1 90 60 60 2(3) 4 Daily 08.00 - 21.00 None
GER30 1 90 60 60 2(3) 5 Daily 07.00 - 21.00 None
ITA40 1 250 160 170 15 20 Daily 08.00 - 16.40 None
ESP35 1 200 125 140 8 12 Daily 08.00 - 16.30 None
FRA40 1 60 40 40 1(2) 5 Daily 07.00 - 21.00 None
HKG33 10 750 450 525 15 25 Daily 02.45 - 09.15 Daily 05.15-07.30
(market closes at 09.15)
JPN225 100 150 90 100 15 25 Daily 01.00 - 21.15 None
SWE30 1 90 90 90 1.0 2 Daily 08.00 - 16.20 None
SUI30 1 90 90 90 4 4 Daily 06.50 - 16.25 None
AUS200 1 60 40 40 2(4) 7 Daily 00.50 - 22.00 07.30 - 08.10
(market closes at 21.00)

Why Trade Global Indices through TradeFX4free?

■ No Re-Quotes on all index products, giving you fast, efficient trade execution without expensive re-quotes.
■ Competitive Pricing: Competitive spreads enable you to gain exposure to global markets.
■ No Commission: Trade commission free on all index products at TradeFX4free unlike other markets
■ Generous Leverage: Generous leverage on all products that are clearly detailed on the TradeFX4free Trade Station II
■ Benefit from Dividends: Hold a long position overnight and receive dividend payments
■ Hedging Capability: You can go long or short in a single index trade.

Trading Indices on Lot Based System

TradeFX4free utilises a "lot-based" trading system. This simply means that all TradeFX4free products are aggregated into standardized trade sizes. These sizes generally replicate the underlying reference instrument (the futures or cash instrument) or are a fraction of that figure. This simplifies trading by allowing clients to trade in lot increments, and also provides a price for each lot size rather than averaging open and close prices when multiple positions are taken in the same instrument.

The lot size for all indices is in fact one contract (i.e., 1 US 30, 1 UK 100, etc). However, in order to effectively reflect the movement and profit/loss implications of their underlying futures, TradeFX4free has established a minimum/incremental trade size as detailed on page 3.

Trading Indices on Margin

No deficit balances on your account. It is TradeFX4free's policy to credit accounts to a zero balance when deficit balances occur as a result of trading.

Financing Explained

All open positions at 5 p.m. (New York time) are rolled forward to the next trading day. If you hold a long (buy) position then you will be charged financing (LIBOR +3%) to roll the position, and if you are short you may receive financing (LIBOR -3%). For further details, please review our product guide here.

Please note that the Roll S and Roll B displayed in the dealing rates are the costs per contract. Since such is the case, the client will pay or earn whatever the charge is, multiplied by the size of the position the client is holding.

Example:

Client is long 10 US 30. Current Roll B is -$0.88 (as displayed in the dealing rates window). Assuming the client is a holder of this position through 5 p.m. (New York time), they will be assessed a charge of $8.80 for that particular trading day.