Which brokers offer the cheapest index CFDs?
Key takeaways
- Pepperstone index swap: (close × size × (2.5% ± reference rate)) / 360.
- $10,000 long at an assumed 4.3% reference rate: about $1.89 a night, $56.67 over 30 nights.
- Index leverage up to 20x on Pepperstone's UAE site: a $10,000 position needs $500 margin.
- Pepperstone's index list includes US30, US500, NAS100, US2000, VIX, CA60 and European and Asian indices.
- Capital.com lists HK50 among its index CFDs.
What does it cost to hold an index position?
We used Pepperstone's index formula on a $10,000 position with an assumed 4.3% reference rate. Long positions pay the reference rate plus 2.5% a year, shorts receive it minus 2.5%. Weekend financing on indices is usually charged on Fridays.
| Index | Average spread (points) | Swap per night, long | 30 nights, long |
|---|---|---|---|
| US500 | 0.4 | about $1.89 | about $56.67 |
| NAS100 | 1.0 | about $1.89 | about $56.67 |
| US30 | 2.0 | about $1.89 | about $56.67 |
Which broker is best for trading indices in the UAE?
For intraday index trading, Pepperstone: commission-free, published spreads, MT5, cTrader and TradingView. For index trades held for days by a UAE resident, Capital.com, whose swap-free account removes the nightly financing.
What is the best broker for trading the US30?
Pepperstone publishes 2.0 points as both the minimum and average US30 spread on its EU price list, with no commission. The Dow moves in large point steps, so size the position from the stop distance rather than a fixed lot.
What is the best broker for trading the NASDAQ 100?
Pepperstone's NAS100 averages 1.0 point on its EU price list. The Nasdaq 100 is volatile: at 20x leverage, a 3% move against a $10,000 position loses $300, 60% of a $500 margin.
Which brokers offer S&P 500 CFDs with the lowest spreads?
Pepperstone's published US500 average is 0.4 points with no commission. Spreads are tightest during the US cash session, which opens at 5:30 pm UAE time while the US is on daylight time.
Which brokers let you trade indices outside normal market hours?
US index CFDs are quoted for most of the weekday at the major brokers, not only during exchange hours; Pepperstone publishes trading hours per instrument. Outside the main session liquidity is thinner and spreads wider.
What is the best broker for trading the FTSE 100?
Pepperstone's UK100 averages 1.5 points on its EU price list, with no commission. The most liquid window is the London open, mid-morning in the UAE.
Which brokers let you trade VIX CFDs?
Pepperstone lists VIX among its North American index CFDs, and Capital.com lists VIX too. VIX CFDs track futures on volatility, which behave very differently from stock indices and can carry steep roll costs; read the contract specification before trading.
What is the best broker for trading the DAX?
Pepperstone's GER40 has a fixed spread from 0.9 points in normal conditions on its EU site (average 1.0) and 24-hour quotes from Sunday to Friday evening. The Frankfurt open, around 11 am UAE time in the European summer, is the most liquid moment.
Which brokers let you trade the Hang Seng?
Capital.com lists HK50 among its index CFDs, and Pepperstone offers Asian index CFDs. Hong Kong trading hours fall in the UAE morning, which suits traders who want activity before Europe opens.
Risk warning and disclosure
Indices can gap after weekends and news; stops are triggers for market orders and can fill worse than set.
This page is information, not personal advice. CFDs use leverage, which magnifies losses as well as gains; most retail accounts lose money, and past results say nothing about future ones. Spread figures are the minimums or averages the brokers publish themselves and widen in fast markets.
Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change how we calculate costs, which our methodology explains.
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Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.