US Dollar Index Spread Cut

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We’ve cut the spread on our US Dollar Basket by over 50%, down from 20 points to just 8 points.

We regularly review all of our trading spreads to ensure we remain highly competitive in all the most popular markets, as well as in niche markets such as the US Dollar Basket.

New US Dollar Basket spread

With our latest round of cuts we have reduced the US Dollar Basket spread from 20 points to just 8 points.

Contract Details

Market Value of one
contract		 Dealing spread Limited Risk premium Margin requirement
US Dollar Basket US$10 8 10 5%

Why trade US Dollar Basket?

The US dollar is rarely out of the news such is its importance to the world’s economies and forex market. Lately the US dollar has been declining amid speculation over further QE measures in the US and stiff competition from Asian crosses.

You can take a position on the strength of the US dollar with the US Dollar Basket, which isolates the strength/weakness of the dollar by taking a weighted average of the dollar rates against six major world currencies. It is regarded as being representative of the general international value of the dollar.

If you are not already an IG Markets client you open an account with no minimum balance.

01/11/10

The above comments do not constitute investment advice and IG Markets accepts no responsibility for any use that may be made of them.

With transparent trading costs, share CFDs available at the guaranteed market price, one of the lowest financing rates around, and segregated client funds, IG Markets is Singapore's number one CFD provider for customer satisfaction. IG Markets offers forex trading and CFDs on all the leading Asian and international shares in local denominations, as well as a range of stock indices, including the Singapore Blue Chip. Exclusive to IG Markets is our selection of SGD-Denominated CFDs, which eliminate currency exposure when trading foreign stock indices. We also offer a range of research and analysis resources to keep you up-to-date with the latest market news.

Remember that CFDs are a leveraged product and can result in losses that exceed your initial deposit. Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved.

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