Trading stock indices have been simplified through platforms like Deriv. This article deeply dives into understanding which stock indices are available on Deriv for EU and non-EU markets.
We also cover the accounts necessary for trading these indices, the associated fees, and how to trade them step-by-step.
Furthermore, at the end of this piece, we will answer a few frequently asked questions regarding Stock Indices on Deriv.
Deriv offers a vast array of stock indexes catering to traders seeking involvement in the European markets. This offering empowers them to enhance portfolio diversification while engaging with Europe’s most significant exchanges known for their high liquidity.
Below, we present two popular EU market indexes accessible on Deriv’s platform.
The EURO 50 tracks the performance of the Eurozone’s 50 largest firms. The index is extensive in scope, spanning several sectors and nations within the Eurozone, and provides a comprehensive picture of the region’s economic health.
The FTSE 100, or UK 100 index, comprises the top 100 companies with the highest market capitalization listed on the London Stock Exchange (LSE). It serves as a highly reliable measure of economic performance in Britain due to its inclusion of diverse sectors like pharmaceuticals, finance, oil, and gas.
Deriv also serves many non-EU markets, providing a wide range of trading choices. This section looks at two popular stock indices offered on Deriv for non-EU markets.
The US Tech 100 is an index comprised of the 100 largest non-financial companies listed on the NASDAQ. This index strongly concentrates on technical corporations such as Apple, Microsoft, and Amazon, providing traders with exposure to the fast-paced technology industry.
The Nikkei 225, or Japan 225, is a stock index that evaluates the leading 225 corporations enlisted on the Tokyo Stock Exchange.
Getting started on Deriv is a simple and intuitive process that will help you jumpstart your trading career quickly. Here is a closer look at the many accounts you can set up.
Deriv offers a diverse range of real trading accounts to cater to the unique needs of different traders. These accounts include the following:
Trading stock indices on Deriv is associated with various costs, including Deriv commissions, spreads, and fees.
Deriv does not impose commissions on trades, unlike some brokers. Commissions are typically a flat fee per transaction or a percentage of the transaction volume.
When trading indices on Deriv, you will notice the ask (buy) and bid (sell) prices. The spread is the difference between these two prices.
Spreads vary depending on the index and market conditions, and they are one of the ways Deriv makes money. Some minimum spreads that you can expect on stock indices include the following:
You could face an overnight financing fee if you keep a position open overnight. This charge pays Deriv for the risk of maintaining your investment for an extended period and covering the cost of the leverage offered. Some typical overnight fees on stock indices include the following:
Check the Swap calculator on Deriv website to calculate the cost of such positions.
Trading indices on Deriv can be simple, and you can follow these steps to get started:
Traders can trade indices such as the UK 100, EURO 50, Germany 30, and others. They can also trade indices such as NASDAQ, Japan 225, etc. You can only trade them with CFDs and on MT5.
Yes, Deriv offers NASDAQ. NASDAQ, a prominent stock index from the US, comprises more than 3000 companies and is well-known for its heavy concentration in the technology sector.
You pay spreads and other trading fees, such as overnight fees, when you trade stock indices with Deriv.
