Experience the new and simple way to invest in stock market.
While a stock represents a value of a company, a stock index is a portfolio of companies representing a particular portion of the broader market. Stock index trading usually offers lower fees and is a less volatile investment option for investors compared to individual stock trading.
- Steady growth Stock indices usually consist of large companies with many years of stable business expansion.
- Low fee diversification Invest in 30 largest companies in discount with Dow Jones 30 index.
- Track the economy No need to study complex reports from different companies, just follow the general economic trend.
Symbol information for major global stock indices
The [DJI30]’s underlying instrument is the DJIA (the Dow Jones) MINI e-CBOT, consisting of 30 major American companies: AMEX, Boeing, Coca-Cola, DuPont, Goldman Sachs, Intel, IBM, Microsoft, Nike and more.
The [NQ100]’s underlying instrument is the NASDAQ100 stock market index consisting of 100 companies from a broad range of industries excluding the financial service industry. Companies include Apple, Amazon, Cisco Systems, Google, Intel, Facebook and others.
The [SP500]’s underlying instrument is the S&P 500 stock market index consisting of 500 large-cap American companies covering approximately 75% of the US equity market. Companies include Delta, Halliburton and Yum! Brands.
The [FTSE100]’s underlying instrument is the FTSE 100 index future consisting of 100 of the largest capitalized companies listed on the London Stock Exchange.
The [JP225]’s underlying instrument is the Nikkei 225 Mini future which is the benchmark stock index for the TSE (Tokyo Stock Exchange).
The [DAX30]’s underlying instrument is the DAX index future consisting of 30 major blue-chip stocks in German trading on the Frankfurt Stock Exchange.
The [CAC40]’s underlying instrument is the CAC40 index future, which is the benchmark stock market index of the Euronext Paris, consisting of Airbus, AXA, BNP Paribas, L’Oreal, Michelin, and more.
While no commission is charged on stock index trading, PSS may receive rebates from its liquidity providers and generates revenue from spreads.
|[ASX200], ASX200 Index CFD||From Monday to Friday||02:50-09:30, 10:10-23:59|
|[DAX30], DAX30 Index CFD||From Monday to Friday||01:05-02:59, 03:15-23:00, 23:30-23:59|
|[DJI30], Dow Jones Index CFD||From Monday to Friday||01:00-23:15, 23:30-23:59|
|[FTSE100], FTSE100 Index||From Monday to Friday||01:05-23:15, 23:30-23:59|
|[NQ100], NASDAQ100 Index||From Monday to Friday||01:00-23:15, 23:30-23:59|
|[SP500], Standard and Poor’s Index||From Monday to Friday||01:00-23:15, 23:30-23:59|
|[MDAX50], Germany Mid Cap 50 Index||From Monday to Friday||10:00-18:30|
|[TECDAX30], Germany Technology 30 Index||From Monday to Friday||10:00-18:30|
|[CAC40], CAC40 Index||From Monday to Friday||09:00-23:00|
|[IBEX35], IBEX 35 Index||From Monday to Friday||10:00-21:00|
|[SMI20], SMI20 Index||From Monday to Friday||09:00-23:00|
|[STOXX50], EURO STOXX50 Index||From Monday to Friday||09:00-23:00|
|[HSI50], Hang Seng Index CFD||From Monday to Friday||04:15-07:00, 08:00-11:30, 12:15-19:59|
|[JP225], Nikkei 225 Index||From Monday to Friday||02:30-09:25, 09:55-23:15|
|[OBX25], Norway Top 25 Index||From Monday to Friday||10:00-17:20|
|[AEX25], Netherlands 25 Index||From Monday to Friday||09:00-23:00|
Value of 1 contact equals the price of 1 shareUse right click from Market Watch window in PSS MT4 trading platform to see specifications for individual stock and stock index.
Min. Trading Size (In Contract Size)
The smallest amount that you can buy is 1 contract/share.
Max. Trading Size (In Contract Size)
3000 shares for individual stocks200 shares for stock indices
If you want to buy 1 share of [DJI30] at $20,000, you must have a minimum of $20,000($20,000 * 1) in your trading account using 1 to 1 leverage. However, if you change the leverage to 50 to 1, you can buy up to 50 [DJI30] using $20,000. In the same way, you can buy up to 500 [DJI30] with $20,000 using 500 to 1 leverage.
Using 10 to 1 leverage, your required margin to buy 1 share of [DJI30] at $20,000 is $2,000 ($20,000 * 1* 1/10). At all times, your account balance should be able to cover the required margin, regardless of market volatility. If your account balance falls below 100% of the required margin, you will get a margin call. In this case, you must deposit more funds or increase your leverage. If your account balance ever falls below 50% of the required margin, your open position will be forced to close by the system.
Margin Calculation Formula
Current Price of Index * Number of shares / Leverage.
Profit Calculation Formula
Profit Calculation = Buy: (Close Price – Open Price) * Number of shares
Sell: (Open Price – Close Price) * Number of shares
Swap Interest Swap Charge Time
Swap Interest is charged once a day only if there is an open position when CME (Chicago Mercantile Exchange) close its future trading at 4pm Central Time (UTC – 6) every day. If there is no open position at 4pm CT, no swap interest will be charged.
Swap Interest calculation formulaSwap interest for a long position = The Interest Rate * Shares * Premium / 360
Swap interest for a short position = The Interest Rate * Shares* discount / 360
PSS uses Interest Rate Cap to protect traders from any sudden surge in swap interest causing unavoidable disruption in trading.