You can now trade spot indices with SMFX, allowing a trader to trade the current value instead of the future value. This means you no longer need to worry about contracts expiring and deciding whether to roll your position to the next contract.
Investors generally trade indices to either speculate on a particular economy or to protect against the shares in their portfolio losing their value. For example, a trader thinking the UK stock market will rise would buy the FTSE 100 instead of buying all the underlying shares in the FTSE and vice versa should he or she think the market would depreciate.
1. MT4 Server Time (GMT -4).
SMFX is a trading name of Scope Markets Ltd. Financial Services are provided by Scope Markets LTD, registration number 145,138 (registered address: 5 Cork street, Belize City, Belize). Scope Markets Ltd is regulated by the International Financial Services Commission of Belize (IFSC) under license number IFSC/60/373/TS/19.Risk Warning
Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Trading in financial instruments may result in losses as well as profits and your losses can be greater than your initial invested capital. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary. Read our full risk disclosure.Jurisdictions and restrictions
SMFX does not offer its services to the residents of certain jurisdictions such as EU member states, Iceland, Norway, Liechtenstein, Afghanistan, Cote d'Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Ecuador. Please check Restricted Countries.