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.
Global Indices Contract Specifications
Before you step into Global Indices trading, ensure that you check the Product Schedule given below.
Symbols | Underlying Market | Spreads | Margin | Overnight Charges (%) | Trading Hours (GMT) | Break Time |
|---|---|---|---|---|---|---|
US30 | Dow Jones Industrial Average | 4.3 | 1% | -0.45% | Sun 22.00 - Fri 20.45 | Daily from 21:00 to 22:00 |
SPX500 | Standard & Poor's 500 Index | 1.6 | 1% | -0.05% | Sun 22.00 - Fri 20.45 | Daily from 21:00 to 22:00 |
NAS100 | American NASDAQ-100 Index | 2.6 | 2% | -0.5% | Sun 22.00 - Fri 20.45 | Daily from 21:00 to 22:00 |
GER30 | German DAX30 Index | 2.1 | 1% | -0.5% | Daily 00:30 - 20.00 | Daily from 20.00 to 00.30 |
ESP35 | Spanish IBEX35 Index | 7.2 | 2% | -0.8% | Daily 06.00 - 18.00 | None |
FRA40 | French CAC40 Index | 2.2 | 2% | -1.00% | Daily 06.00 - 20.00 | None |
Product Specification
The Product Schedule should be read in its entirety. It sets out the Margin Requirements, fees and charges you will incur when dealing in our Products, the interest that you may pay or receive in respect of your Account balances and other costs you will incur. This Product Schedule describes the various Contract specifications for the Margin FX Contracts (FX) and Contracts-for-Difference (CFDs) that we offer.
Advantages of Trading with GoDo
- Speculate on both rising and falling markets
- Trade on power-platform Meta Trader 4
- Tap into the market or sector, without stock-specific risks
- Micro-contract sizes gives the flexibility to risk less per trade
- Trade commission is free with no exchange fees
- Increase your exposure to the world's top financial markets
01
Register
Apply for an account of your choice
02
Verify
Submit the documents for verification of your account
03
Fund
Deposit your funds safely in your verified account
04
Trade
Become a member of Global trading market
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