- Trading
- Instrument Specifications
- Continuous Index CFDs
- USDIDX Investing
Trade USDIDX
USDIDX Investing
Type:Indices
Country:Currency
Group:USA & Canada
Trading Conditions of USDIDX Index CFD
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 30 | 30 | 30 |
| Floating Spread, pip | 30 | 30 | 30 |
| Order distance, pip | 60 | 60 | 60 |
| Swap (Long/Short) | -4.25 / -14.90 USD per 1000 contract | -4.25 / -14.90 USD per 1000 contract | -4.25 / -14.90 USD per 1000 contract |
| Digits | 0.001 | 0.001 | 0.001 |
|
Available volumes | >=100.00 contract | 1.00 – 1000.00 contract | >=1.00 contract |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 1 CONTRACT | 0.001 USD | 0.001 USD | 0.001 USD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 30 | 30 | 30 | 30 |
| Order distance, pip | 60 | 60 | 60 | 60 |
| Swap (Long/Short) | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot |
| Digits | 0.001 | 0.001 | 0.001 | 0.001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 1000 contract | 1000 contract | 1000 contract | 1000 contract |
|
1 pip value per 1 lot | 1 USD | 1 USD | 1 USD | 1 USD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 30 | 30 | 30 | 30 |
| Order distance, pip | 60 | 60 | 60 | 60 |
| Swap (Long/Short) | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot | -4.25 / -14.90 USD per 1 lot |
| Digits | 0.001 | 0.001 | 0.001 | 0.001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 1000 contract | 1000 contract | 1000 contract | 1000 contract |
|
1 pip value per 1 lot | 1 USD | 1 USD | 1 USD | 1 USD |
USDIDX Trading Hours
USDIDX trading hours are the time when investors can buy and sell USDIDX. The USDIDX is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USDIDX during different trading hours. Depending on where you live, you may be able to trade USDIDX at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USDIDX trading hours begin and end.
US Dollar index
Type: Currency index
Liquidity: high
US dollar index – a benchmark for measuring the US currency value, calculated against a basket of six liquid world currencies, including the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona and the Swiss franc.
It represents changes in the floating weighted geometrical average mean of the given exchange rates according to the formula:
USDIDX=50.14348112 * EURUSD-0.576 * USDJPY0.136 * GBPUSD-0.119 * USDCAD0.091 * USDSEK0.042 * USDCHF0.036
The index is:
- influenced by common factors which affect currencies, like fiscal and monetary issues, interest rates expectations, inflation and foreign trade
- notable due to the global coverage of its components
CFDs on US dollar index are traded in US dollars, with 1 contract price equaling the current index value expressed in US currency units.
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