Contracts for difference are derivatives that allow traders to easily gain long or short exposure to the price movements in various asset classes including forex, stocks, commodities, and in this case stock indexes.
The US30 CFD tracks the Dow Jones Industrial Average. It’s also known as the Dow Jones Index or simply the Dow. It is the oldest stock index in the world having been first published in 1896.
The Dow includes 30 blue chip stocks which are amongst the largest in the corporate world. Prominent Dow Jones 30 stocks include Apple, American Express, Coca Cola, Johnson & Johnson, Microsoft and Nike.
If you want to gain exposure to the top 30 US stocks without actually selecting individual companies, the US30 index CFD is an easy way to do so. Another benefit for traders is not having to open a U.S brokerage account.
US30 Historical data
Since 2009, the Dow has experienced its longest bull market in history. Starting at less than 7,000 in the midst of the Global Financial Crisis, the Dow has risen to over 26,000 in less than 10 years.
The rally has been fuelled by low interest rates and strong economic growth around the world.
How to trade US30 with Eightcap?
With Eightcap you only need one trading account to trade CFDs on the US30 index and other asset classes around the world. In addition, Eightcap offers clients the MetaTrader 4 and 5 platforms, widely regarded the most advanced trading platforms in the world. Signing up is easy and in just a few minutes you will be ready to start your trading journey.