Indices are used to gauge the performance of an entire group of companies or a specific sector alone. For instance, let us take the example of the Dow Jones Industrial Average. This stock market index, commonly referred to as Dow, represents the USA’s 30 largest publicly owned companies’ overall value. There are countless stock indices all across the world. Each of them is a measure of various aspects of the local and global markets.

When you opt to trade indices with GoDoFX, you won’t be buying any physical asset like stocks. Instead, you can easily trade on the open market. The trading can be done based on the underlying instruments’ real-time price movements. This type of trading is known as CFD- Contract For Difference trading.