BenchMark offers trading with CFDs on 11 cash indices. CFDs trade on tight spreads, are commission-free, and allow opening long and short positions.
Trading with indices in MetaTrader 4 and 5 is free of commissions. Spreads and margin shown in the following table can vary with the market changes:
|US30||US 30 Wall Street||1.2 points*||0.1 indices||30||36|
|SPX500||S&P 500||0.5 points||1 index||32||40|
|NAS100||US Tech 100 NAS||1.2 points||0.1 indices||8||10|
|UK100||UK 100||1.2 points||0.1 indices||30||36|
|GER30||Germany 30||1.2 points||0.1 indices||24||28|
|FRA40||France 40||1.2 points||0.1 indices||20||24|
|ESP35||Spain 35||30 points||0.1 indices||27||33|
|EUSTX50||EU Stocks 50||2.2 points||0.1 indices||16||20|
|HKG33||Hong Kong 33||8 points||1 index||300||375|
|JNP225||Nikkei 225||10 points||10 indices||24||28|
|AUS200||Australia 200||2 points||0.1 indices||19||23|
*Standard spred during US session.
1. Please note that BenchMark strives to provide traders with tight, competitive spreads, however, there might be instances when market conditions cause spreads to widen beyond the spreads displayed here. For indexes with minimum trading volume of 0.1 index, this is equal to a deal of 0.1 lots. For SPX500 and HGK33, the minimum volume is 1 index, which is equivalent to a deal of 1 lot. For JPN225, the minimum trading volume is 10 indexes, which is equivalent to a deal of 10 lots.
2. The given margin requirements are related to the announced minimum volumes.
BenchMark offers trading with indices through the MetaTrader platform with the following trading hours (GMT):
|US30||Mon 22:00 - Fri 20:00||Daily from 20:00 until 22:00|
|SPX500||Mon 22:00 - Fri 20:00||Daily from 20:00 until 22:00|
|NAS100||Mon 22:00 - Fri 20:00||Daily from 20:00 until 22:00|
|UK100||Mon - Fri 06:00 - 20:55 (Fri 19:45)*||None|
|GER30||Mon - Fri 06:00 - 20:55 (Fri 19:45)*||None|
|FRA40||Mon - Fri 06:00 - 20:55 (Fri 19:45)*||None|
|ESP35||Mon - Fri 06:00 - 19:00||None|
|EUSTX50||Mon - Fri 06:00 - 19:55 (Fri 19:45)*||None|
|HKG33||Mon - Fri 00:15 - 07:15||Daily from 03:00 until 04:00|
|JNP225||Mon - Fri 23:00 - 20:15||None|
|AUS200||Mon - Fri 23:50 - 20:55 (Fri 20:45)*||Daily from 06:30 until 07:10|
*UK 100, GER30, FRA40 and EUSTX50 indicesare traded daily until 19:55, except for Fridays, when trading continues until 19:45.
All open Index CFD positions at 21:00 GMT are rolled forward to the next trading day:
Dividends are paid to the client's account for long positions in CFD on indices, pro rata to the weight of the shares, announced dividend payments in the aggregate index. Dividends are paid, net of all taxes due. Owners of short positions in CFD on indices will owe dividend, pro rata to the weight of the shares, in the aggregate index, which will be deducted from their trading accounts. In MetaTrader, dividend corrections are charged along with the Rollover interest in the "Swap" field.
You can find the exact amount of the applicable swap in the MetaTrader 4 and 5 platforms. To do so, you have to click with the right button of the mouse on the Market Watch window. After that a context menu will appear where you can choose Symbols (for the MetaTrader 4 platform, after you select the desired index, you have to press the Properties button). Bear in mind that the swap numbers are shown in the currency of the account for 1 lot.