Trade alternate instruments like the VIX (Volatility) or the US Dollar Index.

Alternative CFDs are a great addition to any trading strategy.  Often used as hedging instruments or unique ways to take positions in the markets; alternative CFDs like the Dollar Index and the VIX are gaining more interest from traders day by day.

  • Why Trade Alternatives?
  • Popular Alternatives
  • Buy / Sell Example
  • Get Started

Alternative CFDs have evolved to fill in gaps in product offerings as traders have become more sophisticated and markets have become more complex. Many alternative CFDs represent unique trading assets providing access into unique bundles of currencies or even the ability to speculate on the fear and psychology levels of the markets. Using alternatives to capture the more complex aspects of the markets is a great addition to any trading strategy.

Alternative CFD Trading Benefits Include:

  • Access to Unique Products
  • Easily Trade Long or Short
  • Build Advanced Hedging Strategies
  • Low Financing Charges
  • Leverage up to 200:1

Popular Alternative CFDs Include:

  • VIX - US Volatility Index
  • DXY - US Dollar Index

To calculate the profit and loss for Alternative CFD trades please follow the example below: 

Buy Example:
Instrument: VIX
Volume: 1.0
Open price: 16.00
Close price: 17.10
Increment: 0.10
Increment value: USD 0.02

Market movement = (closing price - opening price) / minimum increment
Example: (17.10-16.00) / 0.10 = 11 increments

Profit and loss = market movement x increment value x volume
Example: 11 increments x USD 0.02 x 1 = $0.22

To get started trading Alternative CFDs please select from the resources below:

  • US Volatile VIX

    US Volatility Index

  • USDX - US Dollar Index

    US Dollar Index

The US Dollar Index is a measure of the US dollar against a basket of currencies. Currently, the Dollar Index is weighted against 6 different currencies: Euro, Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc. The US Dollar Indexgoes up when the US currency appreciates relative to these six. It is worth noting that the basket of currencies is weighted, with the Euro accounting for 57.6% of the weight. As such, the US dollar index often moves in the inverse direction as the Euro/US dollar exchange rate.

Key Contract Terms:
Increment: 0.025 | Increment Value: $2.50
Trading Hours: 20:00 - 17:00 ET (Sunday open 18:00 ET) | More Contract Details

The VIX is a measure of the implied volatility (the volatility traders are expecting in an asset based on how options prices) of the S&P 500 index options. The VIX focuses on the 30 day options, and thus provides a volatility gauge for the month ahead. VIX futures contracts are fairly new relative to many other instruments; they were first introduced to traders in 2004 on US futures exchanges. 

Key Contract Terms:
Increment: 0.025 | Increment Value: $2.50
Trading Hours: 20:00 - 17:00 ET (Sunday open 18:00 ET) | More Contract Details
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