Forex Index Trading

Financial Conduct Authority regulated

Protected up to £85,000¹

FTSE 250 group

2025 WINNER

Best Mobile Trading Platform

ADVFN International Financial Awards

2025 WINNER

No.1 Commissions & Fees

ForexBrokers.com Awards

2025 WINNER

Best Broker for Active Traders

Professional Trader Awards

More than a forex trading platform

We've got your pair

More forex pairs than any other broker⁵ If you want it, we've probably got it.

Precision pricing

We combine multiple feeds from tier-one banks, to get you the most accurate bid/ask price.

Fast, 100% automated execution

Experience fully automated, lightning-fast execution in only 0.0009 seconds seconds³.

Exclusive instruments

Get exposure to multiple currencies in a single trade with our range of 12 forex indices.

Dedicated customer service

Experienced customer service available 24/5, whenever you're trading.

No partial fills

No dealer intervention – we don't reject or partially fill trades based on size.

How do forex indices work?

Our forex indices group individual FX pairs with the same base currency to make a forex 'basket'. The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.

Trading forex indices as opposed to individual currencies can potentially be a more cost-effective and efficient way of trading, as it allows you to take a view on one area of the forex market, without having to open a position on each FX pair. It can be a good way to diversify your portfolio; for example, geopolitical issues could affect one currency pair in the index, while the others may remain unaffected. Forex indices can also be used to hedge any unfavourable moves in a particular currency and spread your risk, through exposure to a wider range of currencies rather than just one currency pair.

It's important to be aware that spread bets and CFDs are high-risk, speculative products. High volatility combined with leverage could lead to significant losses. As with any leveraged product, profits and losses are magnified as they are based on the full value of the position, not just your initial deposit on a trade. While you could profit if the market moves in your favour, you could also make a loss if the trade moves against you, particularly if you don't have adequate risk-management cover in place.

Forex trading explained

Exclusive to CMC

Major forex indices to trade

We offer 12 different forex indices. Each is made up of a range of currency pairs with the same base currency. So the CMC USD Index, for example, is made up of a collection of US dollar pairs. Our full range of forex indices is listed below.

CMC USD Index

A collection of currency pairs which share the US dollar as the base currency.

CMC GBP Index

A collection of currency pairs which share the British pound sterling as the base currency.

CMC EUR Index

A collection of currency pairs which share the euro as the base currency.

CMC AUD Index

A collection of currency pairs which share the Australian dollar as the base currency.

CMC CAD Index

A collection of currency pairs which share the Canadian dollar as the base currency.

CMC CHF Index

A collection of currency pairs which share the Swiss franc as the base currency.

CMC CNH Index

A collection of currency pairs which share the same base currency: the Chinese yuan.

CMC JPY Index

A collection of currency pairs which share the same base currency: the Japanese yen.

CMC NOK Index

A collection of currency pairs which share the same base currency: the Norwegian krone.

CMC NZD Index

A collection of currency pairs which share the same base currency: the New Zealand dollar.

CMC SEK Index

A collection of currency pairs which share the same base currency: the Swedish krona.

CMC SGD Index

A collection of currency pairs which share the same base currency: the Singapore dollar.

Forex index details

View the spreads, margin rates and trading hours for our 12 major forex indices in the table below.

View all of our costs

What do our customers say about trading with us?

Discover why 2 million+ global traders and investors choose us.²

How our forex indices are weighted

Our forex indices were created with a base level price of 1,000 for the USD, GBP, EUR, AUD, NZD, CAD, CNH, CHF, SEK, NOK and SGD indices, and a base level price of 20,000 for the JPY index, as of 31 December 2018. The weighting of each index component is capped at 40% of the total trade volume.

Forex indices methodology [pdf]

Tools built to enhance your analysis

Pattern recognition scanner

We automatically scan over 120 of our most popular instruments every 15 minutes for emerging and completed chart patterns, such as wedges, channels and head & shoulders formations.

Award-winning broker

2025 WINNER

No.1 Most Currency Pairs

ForexBrokers.com Awards

2025 WINNER

Best Mobile Trading Platform

ADVFN International Financial Awards

2025 WINNER

Best Spread Betting & CFD Education Tools

ADVFN International Financial Awards

FAQs

New to forex index trading?

Is there an index for forex?

How are forex indices weighted?

Are any of your forex indices focused on emerging currencies?

New to CMC Markets?

Is it free to open an account?

Is CMC Markets regulated?

Is CMC Markets covered by the FSCS?

How does CMC Markets segregate client money?

How does CMC Markets make money?

Any questions?

Email us at clientmanagement@cmcmarkets.co.uk or call on +44 (0)20 7170 8200.

We're available whenever the markets are open, from Sunday night through to Friday night.

¹FSCS is an independent body that offers protection to customers of financial services firms that have failed. The compensation amount may be up to £85,000 per eligible person, per firm. Eligibility conditions apply. Please contact the FSCS for more information.

²Most Currency Pairs, Forex Brokers 2020 Awards

³0.009 seconds CFD median trade execution time on CMC Markets' web and mobile platforms, 1 April 2024-31 March 2025.

⁴Based on over 2 million unique user logins across CMC's trading and investing platforms, including partners, as at November 2025.

⁵Recent awards include: Best Broker for Active Traders, Professional Trader Awards 2025; Best Mobile Trading Platform and Best Spread Betting & CFD Education Tools, ADVFN International Financial Awards 2025; No.1 for Commissions & Fees & No.1 Most Currency Pairs, ForexBrokers.com Awards 2025; Best-in-class for Overall Excellence, Mobile Trading App, Platform & Tools, and Research, ForexBrokers.com Awards 2025.

More than a forex trading platform

How do forex indices work?

Major forex indices to trade

Forex index details

What do our customers say about trading with us?

How our forex indices are weighted

Trade on forex indices

Tools built to enhance your analysis

Award-winning broker

FAQs

Ready to get started?

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