What are Indices?

An index is a measure of the price performance of a group of stocks from an exchange. For example, the FTSE 100 tracks the 100 largest companies on the London Stock Exchange. Trading indices in DCFX allows you to gain exposure to the entire economy or sector at once, while only having to open one position.

Advantages of trading indices with DCFX PRIME

Access global stock indices including DOW and DAX
Trade market action from around the world
Competitive spreads and low margin requirements
Go long (buy) or short (sell)

Details

Instrument	Volume per Lot	Margin
DAX German Stock Index	1 EUR	5.00%
DOW Dow Jones Index	1 USD	5.00%
FTSE100 Financial Times Stock Exchange 100 Index	1 USD	5.00%
HSI Heng Seng Index	1 HKD	5.00%
NAS100 Nasdaq Index	1 USD	5.00%
NIKKEI NIKKEI Index	1 JPY	5.00%
SPX500 Standard & Poor Index	1 USD	5.00%

Trading Session (GMT+3)

Instrument	Open	Close	Break
DAX	MON 03:15	FRI 23:00	--
DOW	MON 01:05	FRI 23:55	Daily 23:16-23:30
FTSE100	MON 03:05	FRI 23:00	--
HSI	MON 04:20	FRI 20:00	Daily 07:01-08:00, 11:31-12:15
NAS100	MON 01:05	FRI 23:55	Daily 23:16-23:30
NIKKEI	MON 02:35	FRI 23:15	Daily 09:26-10:30
SPX500	MON 01:05	FRI 23:55	Daily 23:16-23:30

Transaction Terms and Conditions

Prices quoted are based on live market prices with a bid and offer spread. During hectic and volatile market conditions, spreads between the bid and offer prices can be wider than usual. Slippage prices can happen for stop orders during hectic conditions.
The following can happen during a volatile market condition:

a. Bid or Offer only one side.

b. The spread between the Bid and Offer is wider than normal provided by the Liquidity Provider.

c. News flashes such as economic, political, terrorism and natural disaster can cause big price movement.
When Hectic Market, the ability to transact may be disrupted if the banks and market makers getting slow and do not set the prices, the company has a right to make spread widen according to market condition.
Each Transaction will be limited by maximum 50 lots.

Invalid Quote

If there is a price error (invalid quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.

Important

Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).

During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.

Commission charge of 1 USD per lot (round turn) is applied. When the equity (position exposure) value is less than or equal to 100% of margin requirement, Margin Call event will occur. When the equity (position exposure) value is less than or equal to 50% of margin requirement, positions with the highest loss will be liquidated without prior notification to clients.

Calculating Indices Margin Requirements

Account Leverage:	20:1
Account Base Currency:	USD
Position:	Open 10 lot BUY DOW at 34,086
Maintenance Margin:	5%
Margin Required is:	34086510*5% = 85,215USD