On which MT5 platform can I find the S&P 500, Nasdaq, and Dow Jones index? It's not the type of CFD, it's the real S&P 500, Nasdaq, and Dow Jones indices on the exchange.
It's not a question of platform, because MT5 is the platform. It is a question of broker. They are the ones that offer the different financial instruments to be traded.
You will have to do your own research, as broker recommendations or suggestions are not allowed on the forum — Broker selection
- 2023.05.02
- www.mql5.com
On which MT5 platform can I find the S&P 500, Nasdaq, and Dow Jones index? It's not the type of CFD, it's the real S&P 500, Nasdaq, and Dow Jones indices on the exchange.
It varies by broker, but be aware that true index funds can only be bought and sold at the daily close price. If you want to be able to trade the fluctuations throughout the day, you either have to trade CFDs or ETFs. For those of us in the U.S. who don't have direct access to CFDs, the ETFs work great, e.g., SPY for S&P 500, QQQ for NAS 100, etc. Brokers that do ETFs at all should have all of those.
Fernando is one of the most helpful moderators you'll come across on this platform, and he has given you the best answer possible. We're not allowed to recommend you a broker. But as Fernando said, you have to do your own research to find a broker that has the symbols you want to trade and supports MT5 like steve66 said.
There's only one thing that's bothering me, you said you don't want to trade CFD's you want to trade the real thing.
However, for someone who wants to trade the real thing, you're asking a question that should be beneath your level. Considering what you are probably going to do next, you're asking a question on something you should already know. I'm just concerned you may be moving too fast.
My advice would be to get clear on what your goals are.
Do you actually want to own a share of the stock market? Then you are on the right path, however note that the real thing is a lot more expensive. Like honestly, if you don't have $10 000 or more it may not be as effective.
Do you want to make a profit because you know where the market is going next? Do you plan on closing these positions this year? Then go for CFD's, they are less expensive and allow you to earn the same return as someone who owns the real thing.
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On which MT5 platform can I find the S&P 500, Nasdaq, and Dow Jones index? It's not the type of CFD, it's the real S&P 500, Nasdaq, and Dow Jones indices on the exchange.