TopFX Introduces Synthetic Indices for 24/7 Algo Trading on cTrader
TopFX has introduced Synthetic Indices. It’s a new category of market instruments available on its cTrader platform. These instruments do non-stop trading and bring algorithmic price movements to a wider trading audience. TopFX offers access to 24/7 trading, including weekends, after this launch.
What Are Synthetic Indices?
Synthetic Indices are algorithm-generated instruments. They simulate fast-moving price action. They are not tied to real-world stocks, commodities, or forex markets, unlike traditional assets. Pre-defined mathematical models that create fixed, consistent volatility power their movements. Traders can rely on a stable, strategy-focused environment because they are independent of economic news or market hours.
Features of TopFX Synthetic Indices
TopFX’s Synthetic Indices run continuously, seven days a week, including weekends. No breaks. Traders can open or close positions anytime. These instruments are entirely immune to news events, central bank actions, or geopolitical developments. Their prices move based on set algorithms. It ensures consistent volatility. TopFX’s cTrader platform executes these trades. It offers deep liquidity, tight spreads, and ultra-fast order fills.
Getting Started with Synthetic Indices
Traders can start with either a demo or live account on TopFX’s cTrader platform. The setup process is quick and fully online. New users receive a $10,000 virtual demo balance to explore Synthetic Indices risk-free. It lets traders test strategies and understand the instruments before committing real capital.
Benefits for Traders
This addition will offer these benefits:
24/7 Trading
Traders no longer need to wait for traditional market hours. Synthetic Indices operate 24/7, including weekends. It enables continuous access to market opportunities.
Bypass News-Driven Volatility
These indices are not tied to real-world assets. Thus, remain unaffected by economic announcements, geopolitical tensions, or central bank decisions. Traders can focus purely on price action and technical patterns without sudden spikes due to external news.
Rely on Built-In Volatility
Each Synthetic Index follows a fixed algorithm. It maintains consistent volatility levels. It makes it easier to plan entries and exits, backtest strategies, and apply technical indicators.
Optimize Strategy-Based Trading
Synthetic Indices support traders who prefer algorithmic, rules-based, or automated trading strategies. The predictable nature of the price movements enables better precision in setting up and testing systems.
Advanced Trading Tools
TopFX offers these indices exclusively on cTrader. It is known for speed, transparency, and advanced charting tools. Traders enjoy deep liquidity, tight spreads, and ultra-fast order execution.
Risk-Free Demo
New users can access a $10,000 virtual balance instantly with a demo account. Traders can test the behavior of Synthetic Indices in real-time conditions without financial risk.
About TopFX
TopFX provides liquidity and brokerage solutions for Forex (FX) and Contracts for Difference (CFD) markets. It used to provide liquidity services to institutional clients and retail brokers. Now, it includes a retail FX brand. The company offers trading services directly to individual traders. TopFX aims to deliver superior trading conditions, including tight spreads and robust execution.
Summing Up
Synthetic Indices offer 24/7 availability, fixed algorithmic behavior, and fast execution. They give traders new ways to engage with the market.
Register your company now and feature on our homepage!
