Indices Trading - Currency Index CFDs
Currency indices measure direct changes in the value of a currency against a basket of other currencies. This differs from a currency pair in that there must be more than one other currency that the main currency is being measured against. Currency indices gives traders the means to track the overall performance of a currency. Trade Currency Index CFDs through Cryptoburstthrough Cryptoburst and take advantage of currency index movements and potentially find opportunities from these price movements."
Globally recognised as a benchmark for the value of the US dollar, the USDX is the most traded currency index and can be traded with us as a CFD with leverage of up to 100:1. USDX is most heavily weighted toward the major currencies such as the Euro, Yen and Pound - with 6 currencies in total making up the basket the US Dollar is measured against.
| Instrument | Symbol | Contract Size | Spread | Retail leverage | Pro margins from |
|---|---|---|---|---|---|
| US Dollar Index | USDX | 100 | 6 | 100:1 | 1% |
| Euro Index | EURX | 100 | 1 | 100:1 | 1% |
| Japanese Yen Index | JPYX | 100 | 1 | 100:1 | 1% |
*99.94%. Fill rates are based on all trades data between 01/01/2023 and 31/03/2023
*All spreads are generated from data between 01/03/2023 and 31/03/2023