Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Forex index trading

Spread bet or trade CFDs on baskets of FX pairs with our range of 12 forex indices, including the CMC USD Index, the CMC GBP Index and the CMC EUR Index. These indices offer you a unique way to trade on a group of FX pairs which share the same base currency, giving you exposure to multiple currencies in just one trade. The indices can also provide a benchmark overview for the international value of a currency.

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More than a forex trading platform

We've got your pair

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

Precision pricing

We combine 8 feeds from tier-one banks, to get you our most accurate price.

Minimal slippage

With fully automated, lightning-fast execution in 0.0045 seconds**.

99.7% fill rate^

No dealer intervention, regardless of your trading size.

UK-based client services

Award-winning service*, online 24/5, whenever you're trading.

No partial fills

Get the trade you want – we don’t reject or partially fill trades based on size.

Major forex indices to trade

EXCLUSIVE TO CMC

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 that share the same base currency, the US dollar.

CMC GBP Index

A collection of currency pairs that share the same base currency, the British pound sterling.

CMC EUR Index

A collection of currency pairs that share the same base currency, the euro.

CMC AUD Index

A collection of currency pairs that share the same base currency, the Australian dollar.

CMC CAD Index

A collection of currency pairs that share the same base currency, the Canadian dollar.

CMC CHF Index

A collection of currency pairs that share the same base currency, the Swiss franc.

CMC CNH Index

A collection of currency pairs that share the same base currency, the Chinese yuan.

CMC JPY Index

A collection of currency pairs that share the same base currency, the Japanese yen.

CMC NOK Index

A collection of currency pairs that share the same base currency, the Norwegian krone.

CMC NZD Index

A collection of currency pairs that share the same base currency, the New Zealand dollar.

CMC SEK Index

A collection of currency pairs that share the same base currency, the Swedish krona.

CMC SGD Index

A collection of currency pairs that 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.

Instrument Spread Margin rate Trading hours
CMC USD Index from 0.25pts 5% 00:00-22:00, Monday to Friday
CMC GBP Index from 0.3pts 5% 00:00-22:00, Monday to Friday
CMC EUR Index from 0.25pts 5% 00:00-22:00, Monday to Friday
CMC AUD Index from 0.3pts 5% 00:00-22:00, Monday to Friday
CMC CAD Index from 0.3pts 5% 00:00-22:00, Monday to Friday
CMC CHF Index from 0.3pts 5% 00:00-22:00, Monday to Friday
CMC CNH Index from 0.3pts 5% 00:00-22:00, Monday to Friday
CMC JPY Index from 5pts 5% 00:00-22:00, Monday to Friday
CMC NOK Index from 0.6pts 5% 00:00-22:00, Monday to Friday
CMC NZD Index from 0.5pts 5% 00:00-22:00, Monday to Friday
CMC SEK Index from 0.6pts 5% 00:00-22:00, Monday to Friday
CMC SGD  Index from 0.3pts 5% 00:00-22:00, Monday to Friday

How do forex indices work?

Our forex indices group together 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.

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

However, 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, both profits and losses are magnified as they are based on the full value of your position, not just your initial deposit on a particular trade. While you could make a 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.

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.

USD GBP EUR AUD CAD CHF CNH JPY NOK NZD PLN SEK SGD
CMC USD Index 5.11 26.79 1.85 22.58 4.51 26.90 9.00 - - - - 3.26
CMC GBP Index 21.51 40.00 - 4.20 5.63 18.89 3.20 3.83 - - 2.74 -
CMC EUR Index 21.38 15.96 1.40 2.33 9.03 23.19 4.49 3.04 - 11.14 6.24 1.80
CMC AUD Index 13.96 5.38 12.81 - 1.69 40.00 16.50 - 3.68 - - 5.98
CMC CAD Index 40.00 6.38 18.50 1.22 1.98 24.72 6.19 1.01 - - - -
CMC CHF Index 29.87 8.84 40.00 1.47 2.05 10.92 4.00 - - - - 2.85
CMC CNH Index 29.15 4.86 29.35 9.17 4.19 1.79 17.34 - - - - 4.15
CMC JPY Index 26.56 2.24 16.26 6.42 2.86 1.79 40.00 - - - - 3.87
CMC NOK Index 8.70 15.16 40.00 - 2.63 1.10 12.69 2.37 - - 17.35 -
CMC NZD Index 14.10 3.54 13.16 18.64 1.87 - 36.96 8.31 - - - 3.42
CMC SEK Index 12.59 10.44 40.00 1.32 - 1.92 14.20 2.87 16.66 - - -
CMC SGD Index 25.84 4.55 18.19 6.23 1.09 3.41 30.31 10.38 - - - -

Trade on forex indices

EXCLUSIVE TO CMC

Expecting big news from the White House? Our forex indices are a collection of related, strategically-selected pairs, grouped into a single basket. Trade on our 12 baskets of FX pairs, including the CMC USD Index.

Forex indices

The platform built for forex index trading

Fast execution, precise charting and accurate insights could prove to be vital to your success as a forex index trader. Our award-winning trading platform* was built with the committed forex trader in mind.

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.

Advanced order execution

We offer a range of advanced order types, including trailing and guaranteed stop losses, partial closure, market orders and boundary orders on every trade, so you have the flexibility to trade your way.

Award-winning app*

Industry-leading charting

WINNER2019

Best Trading App

Financial Times Investment & Wealth Management Awards

WINNER2019

Highest Overall Customer Satisfaction

Investment Trends UK Leverage Trading Report

WINNER2019

Best Platform Features

Investment Trends UK Leverage Trading Report