- Introducing the world Top Indices with PaxForex
- What is Stock Index?
- Why trade Stock Indices with PaxForex?
- Follow the major market trend with Indices
Introducing the world Top Indices with PaxForex
PaxForex has added a number of Stock Index CFDs to the list of available financial instruments.
Since indices trading has been recently actively gaining momentum, especially against a backdrop of the pandemic crisis, PaxForex could not but add them to the trading platform.
With PaxForex, you can now trade:
- France CAC40
- Germany30 (DAX)
- US Dow Jones 30
- UK 100 FTSE
- Spain 35
- US Nasdaq 100
- US S&P500
- Euro Spoxx 50
- Japan225 – Nikkei
Trading the most popular indices is suitable for implementing a wide range of trading strategies.
At the same time, we can say with full confidence that this trading instrument deserves the attention of both beginners and more experienced traders.
What is Stock Index?
A Stock Index is a price indicator that shows the movement of the overall market.
For example, the Nikkei Stock Average and TOPIX (TSE Stock Index) are representative indices for Japanese stocks.
By looking at the price movement of the index, you can infer the situation of the entire market.
Investment funds that are managed with the aim of price movements linked to indices are called index funds, where investment trusts linked to various indexes are sold.
With PaxForex, you don’t need to open additional trading accounts to invest in Stock Indices, but you can access to all financial markets with one trading account.
Why trade Stock Indices with PaxForex?
Why you should invest in Stock Index CFDs with PaxForex?
Here are some of the advantages for traders.
- Competitive spreads and exceptional execution on the world`s most popular indices;
- Dedicated team is there to help;
- Diversify your portfolio;
- Relatively high predictability of the asset;
- Enjoy all the benefits of CFD trading – invest in both bear and bull markets.
With PaxForex, you can also utilize high leverage for trading various markets.
A stock index represents the movement of stock prices of the entire exchange and a specific stock group.
The stock price index is expressed as an increase or decrease based on the stock price at a certain point.
This allows long-term evaluation of stock price movements of the target exchange, etc., while maintaining continuity when viewed in time series.
The stock index is used not only as an index for stock trading, but also as a benchmark for investment trusts and as an underlying asset for futures and options trading.
Bearing in mind all these advantages, indices will definitely improve your trading potential, let alone the investment opportunities awaiting.
Follow the major market trend with Indices
TOPIX (TSE stock index) and Dow Industrial Stocks 30 (New York Dow) are typical stock indices that are often heard in the news.
These are indices that show the movements of stock prices in groups with large exchange units, but there are also indices by industry such as only bank stocks and steel stocks, so you may want to check the index of the group you are interested in.
In addition, stocks that have been selected for important stock indexes will be incorporated into index funds that will be linked to those indexes.
On the contrary, since the stocks excluded from an index will be excluded from the calculation, many investors are also paying attention to the replacement of the stocks in the index.
PaxForex provides multiple trading account types for traders.
Are you interested in opening an account with PaxForex? See the comparison of PaxForex’s all account types here.