These are the market movers. The headline makers. The big guns. This is the Magnificent Seven Index – a collection of the movers and shakers at the core of the US stock market. Think Apple. Microsoft. Amazon. Seven companies with endless influence. And now you can trade them all in one go.
Trade on rising or falling prices with contracts for difference (CFDs).
Drawing up a trading plan before taking a position on the Magnificent Seven Index can help you outline how you plan to achieve your goals. Factors to consider include strategies, risk management, and market price levels for opening and closing positions.
To trade the Magnificent Seven Index, create a trading account for CFDs. You’ll need to complete an application form, after which we’ll verify your identity. To trade, you need to ensure that you have sufficient funds in your account.
While the seven companies remain fixed, their weighting is rebalanced quarterly based on current market capitalisation, to ensure the index reflects real-time market influence. Here’s how it currently looks:
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