It’s not possible to directly buy or sell an index, at OANDA, you can trade them as a CFD or spread bet. Our indices are derived from the price of the underlying instrument. We offer competitive spreads on our indices. You can take a position on the UK 100, NAS100 from 0.8 points, and SPX500 from 0.4.
Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument. This mid-point fluctuates throughout the day as market prices change.
Our award-winning† and customisable OANDA platform is engineered for reliability and speed. This is especially important during periods of high volatility, when prices can move rapidly. Our platform can be accessed from your web-browser.
Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. Learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.
†Please see our latest awards here.
Indices (also known as stock indexes) represent the value of a group of assets or stocks listed on a particular exchange. Major financial indices include the Dow Jones Industrial Average, FTSE 100, CAC 40, and Dax 30.
Our powerful OANDA Trade platform can be accessed from your web browser. You can also trade on the move with our apps for iOS, and Android mobile and tablet devices.
* Please see our latest awards here.
Integrate your strategy with trading applications or build your own custom user interface. Create and test automated trading strategies using our API technology or use advanced charts, technical analysis and open position ratios.
CFDs let you speculate on the price movements of indices without taking ownership of the index. Trading indices CFDs allows you to utilise leverage to open larger positions with a smaller amount of capital.
Traders should note that they are responsible for the full value of changes in position price movements when using leverage, regardless of the amount they used to open their position.
Spread betting is a tax-efficient** alternative to conventional trading. Go long or short on our range of index instruments with a spread betting sub-account.
**All profits made in spread betting are exempt from UK Capital Gains Tax and UK stamp duty. UK and Irish tax laws are subject to change and individual circumstances may vary.
Go from application to trading in three easy steps:
^Subject to meeting our criteria. Additional information/documentation may be requested prior to account activation to establish eligibility.
Both CFDs and spread betting are similar in that they’re both leveraged derivatives, and neither expire. In the UK, CFDs are currently exempt from stamp duty but subject to Capital Gains Tax (CGT). Spread betting is currently exempt from both stamp duty and CGT.
Leverage is when you only pay a small percentage to open a position worth a much larger value. This is also known as trading on margin.
Even though you only pay a small percentage of the market value of an open position with leverage, you are responsible for the full value of the open position. This allows you to increase your potential profits if the market moves the way you predicted, but it also increases your potential losses if the market moves against you.
Yes, you can speculate that prices will rise (take a long position) or fall (take a short position) and potentially earn profit when you’re trading indices CFDs. But this will result in losses if the market moves against you.
With over 14 years experience, we offer multiple platforms and powerful tools to help you trade smarter.
We offer CFD prices on a range of financial instruments, including shares, indices, forex pairs, commodities, metals and bonds.
We offer a range of platforms including OANDA web, mobile and tablet, as well as MT5, MT4 and TradingView.
Identify potential trading opportunities using the range of powerful analysis tools that are available on our trading platform.