Been trading forex for a while but want to get into indices now. My current broker has terrible spreads on indices and the execution is pretty slow.
Looking at a few options but most reviews seem fake. What platforms do you actually use for indices trading?
I’ve been trading indices on IG recently. Their weekend US500 trading works well if you want that flexibility.
NASDAQ spreads are tight during market hours too.
FXCM’s got solid index spreads and doesn’t crash when the market goes crazy.
US30 execution’s clean most of the time.
Exness is worth checking out for tighter European index spreads.
Whatever broker you go with, make sure their margin rates don’t suck - indices move fast.
Start small to test how they handle your style.
IC Markets works great for index trading. US30 and SPX500 spreads stay tight during London and NY sessions.
Execution’s fast - barely any slippage on entries. Been using their raw spread account for 2 years.
Pepperstone’s solid too. Good index spreads and their platform doesn’t crash during high volatility like others.
Both support cashback services to cut costs. Skip Asian session though - spreads get horrible across all platforms.
Saxo Bank’s solid for indices. Their DAX and FTSE spreads stay tight all day. The platform doesn’t crash during news events like some others do. FP Markets is worth checking out too. They offer clean fills on US500 and have rebate programs if you go through an IB. Don’t get hung up on spreads; test execution first. Drop small trades during NFP or Fed days to see how they handle things when it gets crazy. Most brokers either jack up spreads or start rejecting orders when volatility hits.
Switched from forex to indices last year and went through the same hunt. Picked ThinkMarkets after trying their demo.
SPX500 and NAS100 fills are solid during main sessions. What clinched it was their performance during March’s insane volatility - no requotes or platform crashes.
Spreads do widen on news but snap back quickly. Their partner programs have decent cashback rates too.
Test their demo first. Run it during London open or US close when things get wild. That’s where bad brokers show their true colors.
eToro is good for casual index trading.
I’ve been using OANDA for indices and their US30 and SPX500 execution doesn’t slip even during major news events.
Best part is the pricing - no hidden fees and you see exactly what spreads you’re paying.
Mobile app works great for managing index positions when you’re not at your desk.
XTB handles indices well. Fast fills even during volatile sessions.
I like TradingView for indices. Good tools and decent spreads. Execution is fast enough for my needs.