Indices are the most prominent securities in the US, Europe, Australia, and Asia. Indices are assets that are grouped in one portfolio. For example, The DAX, also known as the Deutscher Aktien Index or the GER40, is a stock index that represents 40 of the largest and most liquid German companies trading on the Frankfurt Exchange. Alpari offers CFD Indices, here are the indices we offer:
| Symbol | Name | Contract Size | Min Trade Size / Min Volume Step |
|---|---|---|---|
| AU200 | Australia 200 Index | 1 | 0.1 |
| CHINAH | Hong Kong China H- Shares Index | 1 | 0.1 |
| CN50 | FTSE China A50 Index | 1 | 0.01 |
| EU50 | Europe 50 Index | 1 | 0.1 |
| FRA40 | France 40 | 1 | 0.01 |
| GER40 | Germany 40 | 1 | 0.01 |
| HK50 | Hong Kong 50 | 1 | 0.1 |
| JP225 | Japan 225 | 1 | 1 |
| NAS100 | NASDAQ 100 Index | 1 | 0.01 |
| NETH25 | Netherlands 25 Index | 1 | 0.1 |
| RUS2000 | US Small Cap 2000 Index | 1 | 0.1 |
| SG20 | Singapore 20 Index | 1 | 1 |
| SPN35 | Spain 35 | 1 | 0.01 |
| TWN | Taiwan Capped Index | 1 | 0.1 |
| UK100 | UK 100 Index | 1 | 0.01 |
| US30 | Wall Street 30 | 1 | 0.01 |
| US400 | Standard & Poor's 400 MidCap Index | 1 | 0.1 |
| US500 | US SPX 500 Index | 1 | 0.1 |
| USDInd | US Dollar Index | 1000 | 0.01 |
You can check Margin and Leverage Requirements in full detail here.
Trading leveraged products have the potential to increase losses as well as profits. Please trade carefully.
Dividend Adjustment
When trading indices, dividend adjustments may apply if you hold a position overnight when a component stock of the index goes ex-dividend. If you hold a long (buy) position, you may receive a positive adjustment. If you hold a short (sell) position, the adjustment may be negative. This reflects the impact of dividends on the index price and ensures fair pricing for both buyers and sellers.
Example:
You are holding a long position on the US 30 index (Dow Jones). If one of the companies in the index (e.g. Coca-Cola) pays a dividend while your trade is open, the index price is adjusted downward to reflect the dividend. To compensate for this, you would receive a dividend credit in your trading account.
Dividend Adjustment = Dividend amount × Contract size × Volume (lots)
Example Calculations
-
Long position: The dividend amount is 2.50, the contract size is 1, and your position size is 1 lot.
Dividend Adjustment = 2.50 × 1 × 1 = 2.50 USD
You would receive a dividend credit of 2.50 USD. -
Short position: The dividend amount is 3.25, the contract size is 1, and your position size is 1.5 lots.
Dividend Adjustment = 3.25 × 1 × 1.5 = 4.88 USD
You would be charged a dividend debit of 4.88 USD.