The US500, also known as the S&P 500 or SPX500, tracks 500 of the largest US companies across multiple industries, making it one of the world’s most followed equity benchmarks. It can be traded with CFDs, which allow speculation on price direction without buying the underlying shares. At ThinkMarkets, you can trade the US500 both long (buy) and short (sell).
Steps
- Register and verify a ThinkMarkets account.
- Log in to ThinkTrader, MT4 or MT5 and add US500 to your market watch.
- Check economic indicators such as GDP, inflation and jobs data, as well as earnings across sectors.
- Analyse price action on the chart to identify entry and exit levels.
- Choose whether to buy or sell based on your analysis.
- Enter position size and check margin needed.
- Manage risk with stop-loss and, if desired, a take-profit order.
- Select order type (market or pending), place the trade, and follow price movements.
- Close your position when objectives are met and note results for review.
Quick facts
- Product type: Index CFD
- Key drivers: US earnings, economic data, Federal Reserve decisions
- Main session: New York trading hours
Learn more in our guide to SPX500.