CFDs are financial derivatives. Traders can easily trade various asset classes (including foreign exchange, stocks, commodities, and stock indices) price changes will produce long and short positions.

UK100 CFD is also known as FTSE 100, also known as Footsie. It is the leading stock market index in the UK. It was first launched in 1984 by the British “Financial Times” and included the 100 largest companies listed on the London Stock Exchange by market capitalization.

Although it includes listed companies in the UK, most of them are recognized as global companies. Several of the world’s largest mining companies are listed in London, so it is known as the resource price stock index with the most weight. Well-known companies in the index include Barclays, BP, BHP Billiton, GlaxoSmithKline, Tesco and Rolls Royce Holdings.

UK100 rose from less than 4,000 during the global financial crisis to more than 7,500 in less than 10 years. Due to the European economic crisis and the uncertainty surrounding Britain’s departure from the European Union during and after the Brexit referendum, its volatility is greater than other stock indexes.

At XM, you only need a trading account to trade CFDs on the UK100 index and other products around the world. In addition, XM also provides customers with the MT4 platform, which is recognized as the most advanced trading platform in the world. Registration is very easy, and you can start trading in just a few minutes.

Invest in UK100 on XM