Synthetic indices provide trading instruments that simulate the dynamics of real markets in a controlled environment. The variety of indices allows traders to adapt their strategies to different styles and risk levels
Available SyntX indices
The following SyntX index types are available for trading in Weltrade:
Synthetic index | Description |
FX Vol. | The number in the name means “yearly volatility is X%”. It means that during the year, the price of these assets can change by the percentage shown in the name. These indices’ yearly volatility can be between 20% and 99%. If we take gold, for example, its yearly volatility is usually between 10% and 30%. High volatility makes trading interesting as it produces more chances to make money. |
SFX Vol. | The number in the name means “yearly volatility is X%”. It means that during the year, the price of these assets can change by the percentage shown in the name. These indices’ yearly volatility can be between 20% and 99%. If we take gold, for example, its yearly volatility is usually between 10% and 30%. High volatility makes trading interesting as it produces more chances to make money. In addition to volatility, an extralogic is added here: these spike up or down every 30 minutes on average. This feature makes them perfect for news trades and gap catchers. |
PainX | The logic of this group of indices is the following: the price goes ONLY UP. And once in 1200 (400, 600, 800, 999) ticks, it drops. Perfect for newbies and scalpers because they don’t have to guess the direction: they can do short-term “buy” and watch out for sudden drops. |
GainX | The logic of this group of indices is the following: the price goes ONLY DOWN. And once in 1200 (400, 600, 800, 999) ticks, it jumps. Perfect for newbies and scalpers because they don’t have to guess the direction: they can do short-term “sell” and watch out for sudden jumps up. |
FlipX | The logic of this group of indices is the following: there’s a 50% chance that the price direction will change with a certain fixed change step. This change is coded to be step-by-step, which means there will be no sudden movements. Numbers in the name mean “fixed step” multiplied by X. These indices are for range traders. |
SwitchX | The index behaves like Gain: the price goes ONLY down and once in 1200 (600, 1800) ticks, it jumps. After this jump, the SWITCH happens and the index starts behaving like Pain (and the price starts going up). |
BreakX | The index behaves like Gain: the price goes ONLY down and once in 1200 (600, 1800) ticks, it jumps up. If the jump is higher than the previous jump – the behaviour changes and the index starts behaving like Pain (whose price only goes up and occasionally drops down by 1 tick). If the jump is not higher than the previous jump – the price continues its movement down. |
TrendX | The index behaves like Gain: the price goes ONLY down and once in 1200 (600, 1800) ticks, it jumps up. If the trend changes from uptrend to downtrend – the behaviour changes and the index starts behaving like Pain. This group of indices is suitable for trend traders. For those unfamiliar with the concept, here is a reminder of how the trend is defined: Uptrend – price highs become higher, price lows become higher; Downtrend – price highs become lower, price lows become lower |
PlusX 1 | Plus X1 is the benchmark of predictability and transparency in the world of progression indices. Its logic is simple and elegant, making it the ideal instrument both for honing strategies and for calculating potential returns with precision. |
FiboX | FiboX harnesses the most revered mathematical pattern in trading — the Fibonacci sequence. Here, the market's progression is guided by nature's own rhythm, where each step is the sum of the two preceding ones (e.g., 1, 1, 2, 3, 5, 8, 13…). This creates an organic, accelerating growth pattern that is both elegant and profoundly significant for technical analysts. |
QuadX | QuadX is engineered for those who seek explosive opportunity. It operates on the principle of quadratic growth, where each step is the square of the next sequential integer (e.g., 1, 4, 9, 16, 25, 36…). This creates a powerful, accelerating progression where step sizes increase at a dramatic rate, delivering unparalleled profit potential within a single trend. |
Detailed information about all synthetic indices is available on Weltrade website.
Trading features of Synthetic indices
Low entry barrier: Start trading with as little as $0.20.
High leverage: Up to 1:5000, depending on the index.
Stop/Limit execution: Stop and Limit orders execute at the next available price, which may result in better entry/exit during sharp jumps.
Algorithm transparency: With pattern detection, it’s possible to build long-term profitable strategies.
The characteristics of each index are determined by the algorithm and significantly influence trading results. This is why thorough analysis of each index is necessary when developing the best strategy for synthetic indices and risk management.
Understanding synthetic indices and their main categories is important, at least to avoid losing the invested money repeatedly. The choice of index should not contradict the trader’s trading style, experience level, or risk tolerance. For example, beginners should start with low volatility indices, while traders with years of market experience prefer indices with sudden spikes.
Frequently asked questions (FAQs)
What are synthetic indices?
What are synthetic indices?
Synthetic indices are algorithm-based trading instruments designed to simulate market movements. They operate independently of real-world economic events and are available for trading around the clock.
What types of synthetic indices are available?
What types of synthetic indices are available?
Synthetic indices are available in different types, which may vary by volatility level, price behavior, or movement structure. Each type is designed to suit different trading strategies and risk preferences.
How are synthetic indices different from traditional market indices?
How are synthetic indices different from traditional market indices?
Unlike traditional indices, synthetic indices are not linked to real financial markets or economic news. Their price movements are generated by mathematical algorithms.
Are synthetic indices available for trading at all times?
Are synthetic indices available for trading at all times?
Yes. Synthetic indices are generally available for trading 24/7, as they are not affected by market opening hours or holidays.
Which account type supports trading synthetic indices?
Which account type supports trading synthetic indices?
Synthetic indices are available on account types specifically designed for synthetic instruments. Supported account types are shown when you open a trading account with Weltrade.
Can I trade different types of synthetic indices on one account?
Can I trade different types of synthetic indices on one account?
Yes. If your trading account supports synthetic instruments, you can trade multiple types of synthetic indices within the same account.
Do different synthetic indices have different volatility levels?
Do different synthetic indices have different volatility levels?
Yes. Synthetic indices are designed with varying volatility levels, allowing traders to choose instruments that match their risk tolerance and strategy.
Can beginners trade synthetic indices?
Can beginners trade synthetic indices?
Yes, but beginners are encouraged to start on a demo account to understand how different synthetic indices behave before trading with real funds.
Are trading strategies different for each type of synthetic index?
Are trading strategies different for each type of synthetic index?
Yes. Strategy selection often depends on the specific behavior and volatility of the synthetic index being traded.
Where can I track my trades on synthetic indices?
Where can I track my trades on synthetic indices?
You can monitor open positions, orders, and trading history directly in the trading platform.
