Taking Stock: A Closer Look at PrimeXBT Indices

Aug 11, 2022 at 11:20 // News

PrimeXBT is predominantly known as a cryptocurrency margin trading platform with award-winning cryptocurrency-based products and services like Covesting copy trading. But it also has forever left its mark on traditional finance with its wide range of major stock indices, commodities, and forex currencies.

In this guide, we are taking stock, literally and figuratively, of the list of the world’s most popular indices, offered by the award-winning margin trading platform PrimeXBT.

About PrimeXBT: Everything you need to know summed up

PrimeXBT launched in 2018 during the last
crypto winter, and is rightfully finding accelerated growth during the latest bear market. The platform is known best for its up to 200x leverage on long and short positions in crypto. But later it introduced traditional assets and has since been releasing feature after feature.

Today, the platform is well-rounded, offering everything from
passive investing to a massive copy trading community with thousands of traders, to weekly trading competitions and a complete educational website. All features and the ultra-reliable margin trading experience can be funded using BTC, ETH, USDT, USDC, or COV as collateral. 

The full suite of advanced trading tools can also be accessed through a free smartphone app for Android and iOS devices, for an always on connection to global markets. On-the-go access means traders can also at any time check up on positions or make changes to their trading portfolio.

The huge stock of popular indices from around the world

The platform lets traders choose from a wide list of trending markets, across more than 100 different trading instruments, which includes forex, commodities, and of course, stock indices. 

Here is the
complete list of available stock indices and a short summary regarding each index:

SP500

The S&P 500 is an American stock market index based on the market capitalizations of 500 large companies listed on the New York Stock Exchange.

NASDAQ

The NASDAQ 100 is an American stock market index based on the top 100 tech stocks and includes companies like Apple, Amazon, Facebook, and more.

DOWJ

The Wall Street 30 is an American stock index representing a basket of 30 of the largest publicly-traded companies in the United States.

UK100

The FTSE 100 is an index representing the largest 100 companies listed on the London Stock Exchange.

EUR50

The Europe 50 is a weighted stock index representing 50 stocks from the most successful companies in various sectors across 18 different European nations.

FRANCE

The CAC 40 is a capitalization-weighted stock index based on the top 40 stocks listed on the Paris Stock Exchange.

SPAIN

The IBEX 35 is a weighted benchmark stock index based on the 35 most popular stocks traded on the Madrid Stock Exchange.

GER30

Germany 30 represents a German index consisting of the 30 biggest companies listed on the Frankfurt Stock Exchange.

AUS200

The ASX 200 is a market-capitalization weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange.

HK-HSI

The Hang Seng China 50 Index is a pan-China stock market index representing the top 50 China-based companies in the stock exchanges of Hong Kong, Shanghai and Shenzhen.

JAPAN

The Nikkei 225 Stock Average is a stock market index representing companies trading on the Tokyo Stock Exchange.

Putting global stock market indices to work for you using PrimeXBT

Between
increasing tensions between the US and China, the ongoing conflict between Russian and Ukraine, global supply chain issues, record-breaking inflation, and lingering effects from the pandemic, the global economy is in for a shakeup. 

Markets have preemptively priced in a recession, but with the global economy still holding on by a thin rope, anything is possible. If the market once again turns bullish, traders will want to be ready to go long many global stock indices for the most substantial profit. If global indices continue their bearish trend, PrimeXBT provides the flexibility to
go short and profit from the downtrend and protect capital at the same time.

Whether it is stock indices, commodities, forex, or crypto that is the most attractive asset class, PrimeXBT packs them all under one roof, along with some of the best trading tools in the industry. The award-winning trading platform has a free app and takes less than a few minutes to register for a margin trading account that is also a doorway to a world of income-generating opportunities.

Check out the ever-growing list of global stock indices on PrimeXBT and never suffer through another downtrend or chase an uptrend again. With PrimeXBT, you can be ready for anything.

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.

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