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Why Trade S&P 500 (US500) with XM?
At XM we offer S&P 500 (US500) as a cash CFD. Our cash CFDs are undated transactions that aim to replicate the cash price of the underlying instrument, and so they are adjusted for interest.
About S&P 500 (US500)
The S&P 500 (US500) stock market index was introduced in 1957 by the American financial services company Standard & Poor’s Financial Services LLC. It is a leading indicator of US equities, and as one of the most frequently used benchmarks for the US stock market on the whole it covers about 75% of the American equity market by capitalization.
Based on the market capitalization of 500 large companies listed on the New York Stock Exchange or the Nasdaq Stock Exchange, the S&P 500 (US500) comprises 502 common stocks of these 500 companies and it is calculated and disseminated in real time, with its components and weightings determined by S&P Dow Jones Indices. The 500 companies included by the S&P 500 (US500) index are selected by the S&P Index Committee. The industries covered by the stock index are very versatile, including health care, consumer finance, information technology, investment banking and brokerage, industrials, chemical industry, and biotechnology, to only name a few.
Trading Conditions
| Margin requirement | 1 % |
| Spreads as low as | 0.7 |
| Symbols | US500Cash |
| Description | US 500 |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | USD 0.01 |
| Value of 1 lot | 1 US 500 index |
| Spreads as low as | 0.7 |
| Min/Max Trade Size MT4 | 1/12500 |
| Min/Max Trade Size MT5 | 0.1/800 |
| Swap Value in Margin Currency Long | -0.43 |
| Swap Value in Margin Currency Short | -0.05 |
| Limit and Stop Levels** | 1 |
Trading time (server time) 01:05-23:15,23:30-23:55 (GMT +3)
** Min. level for placing pending orders at a current market price.
How to Start Trading S&P 500 (US500)?
Step 1
Open an XM Real Account
Step 2
Download and login to the MT5 platform
Step 3
Double-click on S&P 500 (US500) from the “Market Watch” to open an order for this instrument.
