Products & services
Indices CFDs
Indices trading
Take a position on global indices including the US Wall St 30 and France 40. Our spreads start from just 1 point for the UK 100, 1.2 for Germany 40, SPX500 from 0.4 pips and NASDAQ from 0.8 pips.
Award-winning* platform + TradingView
Our powerful OANDA Trade platform can be accessed from your web browser. You can also trade on the move with our apps for iPhone, Android and tablet devices.
Powerful tools
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.
Spread bet
Spread betting is a tax-free** alternative to conventional trading. Go long or short on our range of indices instruments with a spread betting sub-account.
Popular indices
What are indices?
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. Different indices (or indexes) have their own criteria for determining constituent stocks.
The Dow Jones Index represents 30 large public-listed companies traded on the New York Stock Exchange weighted by price, whereas the FTSE 100 represents 100 of the largest blue-chip companies in the UK weighted by market capitalisation.
At OANDA, we offer CFDs on most major global indices, including the UK 100, US Wall St 30, France 40 and Germany 30. When the price of stocks listed on an index rise, the price of the index goes up. When the price of stocks listed on an index go down, the value of the index falls along with it.
Trading indices with OANDA
It’s not possible to directly buy or sell an index. At OANDA, you can trade indices as a CFD or spread bet. Our indices are derived from the price of the underlying instrument. We offer extremely competitive spreads on our indices, including on the UK 100 and the Germany 40.
Dividend adjustments
The constituent stocks of an index will periodically pay dividends to shareholders. This impacts the overall value of the index and as a result, we may make an adjustment to your open positions.
Dividend adjustments may result in a credit or a debit to your account. We strongly encourage clients to research the markets and the factors that may result in dividend adjustments. Please refer to our FAQ for more information.
Ready to start trading? Open an account in minutes
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Pricing and liquidity providers
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.
Execution
Our award-winning and customisable OANDA Trade 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.
Costs of trading
Fairness and transparency are at the heart of everything we do. At OANDA, we are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. See our charges and fees page to learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.
*Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022). Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest client satisfaction for telephone customer service (Investment Trends 2021 UK Leverage Trading Report, Industry Analysis).
**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.
CFD trading
We offer CFD prices on a range of financial instruments, including indices, forex pairs, commodities, metals and bonds.
3 ways to trade, plus TradingView and MetaTrader 4
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.
Powerful tools
Identify potential trading opportunities using the range of powerful analysis tools that are available on our trading platform.