Trade Stock Baskets with FXCM

FXCM now offers Stock Baskets that allow you to speculate on the performance of a certain sector without having to open exposure on each stock individually. Trading a stock basket is simple, if you think the performance of that sector will improve, you go long (Buy), if you think the sector will weaken you go short (Sell).

What is an FXCM Stock Basket

FXCM's Stock Baskets contain 5 individual stocks relating to a specific sector. At the time of the baskets' inception, each stock had equal exposure in Dollar terms. The baskets will, from that point forward, measure the collective performance of each of the 5 correlated components.

For example:

FAANG's original price was $2,000, therefore at inception for each of its 5 components the amount of shares available for $400 was recorded. If today that same amount of shares, that were worth $400 is now worth $415, that stocks contribution to FXCM's FAANG price will be 415. The contribution of each of the 5 stocks will formulate the current rate of FXCM's FAANG Index.

FXCM Stock Basket Components:

FAANG

Company Ticker
Facebook Inc. FB
Amazon.com Inc AMZN
Apple Inc AAPL
Netflix Inc NFLX
Alphabet Inc. Class C (Google) GOOG

Biotech

Company Ticker
AbbVie, Inc. ABBV
Amgen Inc. AMGN
Gilead Sciences, Inc. GILD
Bristol-Myers Squibb Co. BMY
Vertex Pharmaceuticals Incorporated VRTX

FXCM Stock Basket Components:

FAANG

Company Ticker
Facebook Inc. FB
Amazon.com Inc AMZN
Apple Inc AAPL
Netflix Inc NFLX
Alphabet Inc. Class C (Google) GOOG

Biotech

Company Ticker
AbbVie, Inc. ABBV
Amgen Inc. AMGN
Gilead Sciences, Inc. GILD
Celgene Corporation CELG
Vertex Pharmaceuticals Incorporated VRTX

Cannabis

Company Ticker
Tilray Inc. TLRY
GW Pharmaceuticals PLC GWPH
Canopy Growth Corp CGC
Aurora Cannabis Inc. ACB
Cronos Group Inc. CRON

Esports & Gaming (Esports)

Company Ticker
Adv Micro Devices AMD
Nvidia NVDA
Electronic Arts EA
Activision ATVI
Sony SNE

China Tech (CHN.TECH)

Company Ticker
Baidu BIDU
NetEase NTES
Weibo WB
iQIYI IQ
Bilibili BILI

China Ecommerce (CHN.ECOMM)

Company Ticker
Alibaba BABA
Trip.com TCOM
JD.com, Inc. JD
Pinduoduo Inc. PDD
Tencent Music Entertainment Group TME

How To Trade Stock Baskets

You can enable the available instruments on your account today by typing either STOCK BASKETS, FAANG, CANABBIS, ESPORTS, BIOTECH, CHN.TECH or CHN.ECOMM into the search box on the Trading Station Symbols list window.

Forex Baskets

  • There is no additional entry or exit cost, all is included in the spread.
  • Positions held past 5pm will be subject to overnight financing ("Rollover").
  • Dividend Adjustments and Withholdings will apply to positions held over the ex-dividend dates of the individual components.
  • Margin rates are currently approximately 15% for CANNABIS, 10% for ESPORTS, 5% for all other baskets and are updated daily.
  • Products are available only when the underlying stock exchanges are open.

See full product parameters.