VIX75 index is now available for trading

Dear Clients,

It is now possible to trade the VIX75 derivative on LiteFinance. This instrument is available for clients from Uganda, Tanzania, Kenya, Ghana, and Nigeria.

What is VIX75?

VIX75 is a synthetic derivative index. Its rate is formed by a special algorithm based on a cryptographic method. The Volatility Index 75 is an index that measures the level of risk in the market. When trading this instrument, speculators focus solely on technical analysis. The index is not based on any fundamental factors. Trading VIX75 is possible 24/7, even on holidays. This index correspond to simulated markets with constant volatilitity. 75 in the index's name means that the instrument's volatility is maintained at 75%. This is quite a high rate. Therefore, traders have an excellent opportunity to make high profits quickly.  

If you prefer to trade small lot sizes such as 0.001 and 0.002, starting capital over $100 is perfect. However, if you plan to scalp VIX75 with large lot sizes to make a quick profit, then the recommended minimum capital is $1,000. When trading large volumes, place stop loss and take profit as close to the opening level as possible. When using smaller lots, place protective orders at greater intervals.

VIX75 specifications:

• leverage 1:50;
• margin percentage 2%;
• size of 1 lot is 1 VIX75;
• maximum trade volume is 100 lots;
• minimum trade volume is 0.001 lots. The volume step is 0.001 lots;
• swap long is 0.08 points;
• swap short is 09.35 points;
• Wednesday is a triple swap day;
• available only on ECN MT5 accounts.

How to enter VIX75 trades?

To trade the VIX75 index, open a new ECN MT5 trading account. You can do this in the MetaTrader section of the Client’s Profile.

VIX75 is available for trading in the Stock indexes category.

Best regards,

LiteFinance team