Dow Jones
Dow Jones brokers provide investors with a simple way to get a ‘big-picture’ view of US economic performance and speculate on one of the world’s most respected equity indexes – the Dow Jones Industrial Average. This guide will introduce the Dow Jones, the second-oldest equity index and explain how it is composed. It will also list the key information you need to compare Dow Jones brokers and start investing, including information on trading times, strategy tips, charts, graphs, and price history.
UK Dow Jones Brokers
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Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
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Founded in 2002 in Poland, XTB now serves more than 1 million clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 6400+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring traders.
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Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.
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FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Nevis and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
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Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for traders at all levels.
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XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.
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Eightcap is an award-winning, FCA-regulated broker offering industry-low trading fees. They are also the highest-rated brand by TradingView’s 50 million-strong users, who can trade directly on the platform. UK traders can sign up for a live account with an accessible £100 minimum deposit.
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RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
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eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 51% of retail CFD accounts lose money.
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Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
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InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to millions of clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs.
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Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
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OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It remains a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO.
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Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
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Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
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Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.
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Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.
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Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
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Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
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GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
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Admirals is a multi-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
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Axi is a global forex and CFD trading firm, founded in 2007 in Sydney, Australia. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular choice among 60,000+ traders worldwide. Axi also stands out for its resources, including copy trading and Autochartist.
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EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for short-term traders.
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Founded in 2015, VT Markets maintains its position as a top Australian multi-asset CFD broker. With 1000+ tradeable instruments and support for the MetaTrader 4 and MetaTrader 5 platforms, this broker delivers a wide range of trading opportunities to over 200,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and FSC.
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PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices.
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FXTrading.com is global broker offering highly leveraged CFDs on 10,000+ assets, including forex, stocks, indices, commodities and cryptocurrencies. Competitive prices with raw spreads and low to zero commissions are available. Traders can use the popular MetaTrader 4 platform and will have access to a suite of additional analytical tools and other resources. The multi-regulated brokerage is authorized by the ASIC and VFSC.
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M4Markets is an award-winning broker regulated by the CySEC, FSA and DFSA. Although relatively new, the broker continues to improve its offering with a range of innovative tools, platforms and accounts. Beginners can start with just $5, whilst experienced investors can access leverage up to 1:5000.
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Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies.
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Webull is a multi-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC, FINRA and FCA and continues to uphold a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors.
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Grand Capital is a MetaTrader broker with welcome bonuses, trading competitions and an intuitive copy trading service. Several account types and 400+ assets provide trading opportunities for various types of investors and strategies. New users can also open an account and start trading in a matter of minutes.
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IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages.
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Ingot Brokers is a multi-regulated brokerage established in 2006. The broker offers CFD trading opportunities on 1000+ instruments including forex, stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers both raw spreads and commission-free account options.
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FinPros is an offshore broker that provides CFD trading on 400+ instruments with high leverage up to 1:500. This is a reliable bet for traders seeking offshore options, with strong security measures, negative balance protection and segregated client funds. The extra features including trading tools and commission-free stocks make this a good choice for beginners, and experienced traders will appreciate tight spreads.
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Dukascopy is an online broker operated by a Swiss-regulated banking group. It offers a good selection of 500+ markets, with forex, stocks, gold, ETFs, indices, bonds and cryptocurrencies available. It also offers flexible trading opportunities through the choice of CFDs or binary options. Traders will use MetaTrader 4 or a proprietary platform that is well-suited to automated trading.
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Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
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RockGlobal is a New Zealand based and regulated CFD broker. They offer competitive spreads from 0.1 pips and a large range of trading assets, trading platforms and educational services, with up to 1:500 leverage. Operating in a Tier 1 regulated environment, RockGlobal offers peace of mind and excellent customer support.
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xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
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Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of trading assets are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
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GoFX is an unregulated CFD and forex broker that covers instruments from currency, stock, index, commodity and crypto markets. Traders can sign up to a variety of account types with deposits as low as $1 and will trade using the popular MetaTrader 4 platform. Exceptionally high leverage up to 1:3000 is offered on the standard account, while traders with the low-spread account can access leverage up to 1:1000.
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OspreyFX is an ECN broker headquartered in St. Vincent and the Grenadines. Established in 2019, the firm offers 120+ forex and CFD assets with high leverage up to 1:500, tight spreads from 0.1 pips and round-the-clock customer support. OspreyFX also stands out for its funded trading accounts where traders can keep up to 70% of profits.
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Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.
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Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.
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LonghornFX is a forex and CFD broker offering over 150 instruments with leverage up to 1:500. The firm is registered in Saint Vincent and the Grenadines and was launched in 2020. Clients can access a strong selection of cryptos, alongside forex, indices, commodities and stocks. With ECN/STP processing, this offshore broker promises tight spreads and fast execution.
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Baxia Markets is an offshore CFD broker that offers trading on forex, commodities and indices with tight spreads on a straight-through processing model with ultra-low latency. Trade on MetaTrader 4 or MetaTrader 5 with leverage up to 1:500 and no restrictions to scalping or hedging strategies. Users also benefit from third-party copy trading services.
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TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round.
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Pacific Union Prime is an FSCA and offshore-regulated multi-asset broker offering competitive fees and direct market access on forex, commodities, stocks, bonds and indices. The broker supports the popular MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile app. Fees vary by account type with no commission and spreads from 1.9 pips on the Standard account and $7 commission per lot and spreads from 0.4 pips on the Prime account.
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AdroFx is an offshore ECN/STP broker that has offered CFD trading since 2018. The firm supports 100+ tradable assets on the popular MetaTrader 4 platform as well as a web trader, Allpips. Eight live accounts are available with no restrictions on trading strategies.
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Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.
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ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The brokerage is heavily regulated with licenses from the FCA, SCB, CSSF, BACEN & CVM and CMVM. Over 1000 CFDs are available spanning 7 asset classes. Over 93.60% of orders are executed at the requested price. ActivTraders also offers a selection of leading trading platforms, including MT4, MT5, TradingView and ActivTrader platforms.
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Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
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SimpleFX is an online broker specializing in CFD and cryptocurrency trading, with multi-currency accounts, STP execution, low pricing and no minimum deposit. Bringing innovation and gaining recognition at numerous industry events since 2014, SimpleFX now caters to retail traders from over 190 countries, boasting a client base exceeding 200,000 active users.
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EZ Invest is a CySEC-licensed broker, launched in 2008, that offers trading on popular financial markets through leveraged CFDs. Traders can choose between multiple respected platforms, including MetaTrader software and a user-friendly in-house app. The reliable multilingual customer support team are also on-hand to support new users.
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Fortrade is a multi-asset, multi-regulated broker with branches regulated by the FCA, CySEC and ASIC among others. The brand offers trading opportunities on a wide range of instruments including stocks, bonds, commodities, forex, indices, cryptocurrencies and ETFs, with competitive fees and support for MetaTrader 4 and a proprietary platform.
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Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
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FXOpen is a multi-asset broker with regulation from several trustworthy bodies including the UK's FCA. The broker offers CFD trading on forex, stocks, commodities, indices, cryptocurrencies and ETFs via the MetaTrader 4 & 5 and TradingView platforms.
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Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.
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Hantec Markets was established in Hong Kong in 1990. Initially, the company concentrated solely on the Chinese and Taiwanese markets. In 2008, the broker rebranded and expanded its presence in the UK, Australia, Japan, and various other countries, before enhancing its footprint in Latin America in 2022. Hantec now stands as a multinational brokerage with 18 offices across Europe and Asia.
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FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.
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FXCentrum is an offshore broker that offers highly leveraged, commission-free trading on diverse instruments with tight spreads. Traders can access forex, equity and commodities markets via MetaTrader 5 or the proprietary FXC platform and use the award-winning ZuluTrade platform for copy trading.
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Vault Markets is an award-winning brokerage headquartered in Namibia. It is an accessible direct-market-access CFD broker with affordable minimum deposits, flexible funding methods and high leverage. This broker offers a very large range of forex pairs as well as commodities and indices through MetaTrader 4 or MetaTrader 5.
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Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
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FXTM is a top-rated forex and CFD broker established in 2011 and operating across 4 continents. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ trading markets and three account types, they cater to all levels of trader.
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Capital.com offer CFDs on a range of markets with competitive spreads and zero commissions. The broker also offers the Investmate app, negative balance protection and leveraged trading.
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Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets.
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LegacyFX is a multi-asset broker offering an MT5 download & free signals.
How To Compare Dow Jones Brokers
Traders need a reliable and secure broker with fair pricing to execute a winning Dow Jones strategy. Every investor will have their own criteria, however there are several key areas to compare Dow Jones brokers in:
Trading Vehicles
There are multiple ways to trade the Dow Jones Index, so you should choose a broker that provides the most appropriate product for your trading style. Common ways to gain exposure to the Dow Jones include CFDs, ETFs and spread betting, though more exotic alternatives like binary options are also available from some brokers.
- IG is a great choice for traders as it offers Dow Jones spread betting, CFDs and ETFs and supports a range of platforms including MT4
- eToro is a good Dow Jones broker for beginner traders thanks to its user-friendly, browser-based trading platform
- Pocket Option is a popular binary options broker with Dow Jones trading and useful features including a demo account
Check the fees and tools such as available leverage when deciding on your preferred method of trading.
Platforms & Apps
Serious traders will want access to a powerful trading platform with a full range of tools and indicators to help them read Dow Jones charts. Some Dow Jones brokers offer their own proprietary platforms, but many will also support third-party platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
While a beginner investor may prefer a broker like eToro with an easy-to-use browser-based platform, those who want a deeper trading experience may prefer a Dow Jones broker such as XM which supports MT4 or another dedicated trading platform.
Also check that the broker’s platform is available as an Android, iOS or Windows-compatible app if you plan to make trades and manage positions on the go.
Fees
Fees are usually toward the top of a trader’s list when it comes to choosing Dow Jones brokers as they have a direct impact on the profit they can make from trades. The most important fees will usually be commissions charged per trade and the spread.
Note that UK traders can speculate on the Dow Jones using various instruments, including CFDs, ETFs, and spread betting, and the fees can vary according to how you trade. For example, eToro offers both a Dow Jones tracker ETF and CFDs on the index, with a 0% commission on standard ETF trades, a 0.15% commission on ETF CFDs, and a 6-point spread on Dow Jones CFDs. Alternatively, Pepperstone offers even tighter spreads during most of the trading day:
Additional Features
Some of the best Dow Jones brokers offer extra features to help traders improve their skills and get the best out of their trading platforms.
Copy trading and automated trading are among the most useful features for Dow Jones traders as they keep you updated with the latest information about the index’s price movements with signals and allow you to immediately place trades.
A full range of tools and indicators is another important feature to look out for as these help you to analyse the Dow Jones index’s price history and choose the ideal time to execute and close trades. Look out for Dow Jones brokers whose platforms support indicators and tools such as moving averages, Bollinger bands, and daily trading volume charts.
Beginner traders also benefit from educational resources. Some of the best Dow Jones brokers in the UK offer learning resources in the form of blog posts, YouTube videos and even courses. Combined with demo accounts, these can teach you how to formulate a strategy for trading the Dow Jones and allow you to practice and fine-tune it without risking any real cash.
Regulation
The Dow Jones Index tracks US companies, but regulation will depend on the individual broker you use. The regulatory body that oversees a brokerage may affect the type of products on offer and the amount of leverage available to retail clients – for example, the UK’s Financial Conduct Authority (FCA) limits leverage for retail clients (1:20 for indices), ensures negative balance protection is provided, and has various rules around trading bonuses and promotions.
Other major regulators include the US’s FINRA, CFTC and SEC, Australia’s ASIC and Cyprus’s CySEC.
Customer Support
A high-quality, responsive customer support service is the hallmark of a good broker and it can be key if you have any issues with your account. Look for Dow Jones brokers that have live chat and support hotlines as well as detailed FAQ areas on their site. You should also check that the support team is available in your timezone and look for a hotline that serves traders from the United Kingdom.
AvaTrade and Pepperstone are two examples of established and reputable Dow Jones brokers with comprehensive support, including telephone lines that are open 24/5 and 24/7 respectively.
Security
Traders need to know their funds and personal information are in safe hands, so they should research the protocols and security measures used by each Dow Jones broker on their list.
Look for brokerages that securely store user data with cutting-edge encryption and offer reliable login security systems, such as two-step authentication. In addition, look for DJ30 brokers that use segregated accounts to separate traders’ funds from company capital.
What Is The Dow Jones?
The Dow Jones Industrial Average (DJIA), sometimes known as the US30 or simply the Dow, is a stock market index of 30 leading companies listed on US stock exchanges. Founded in 1885 by Wall Street Journal editor Charles Dow and his business partner, statistician Edward Jones, the index is the second oldest in the United States and is still one of the most widely followed in the world to this day.
As a price-weighted index, the stocks with higher values per share will impact the Dow’s price more than their lower-valued peers.
Today, the Dow Jones is one of several indexes maintained by S&P Dow Jones Indices, a company that is owned by S&P Global and is also known for maintaining the S&P 500 index.
The 30 companies comprising the Dow Jones are chosen by a committee, and over the years the addition of new companies has brought the Dow Jones a little diversity to make a change from its original, wholly industrial flavour.
Dow Jones Criteria Explained
For a company to be considered as a Dow Jones stock, it must be incorporated and headquartered in the US with a plurality of its income coming from that country, be representative of the US economy with an excellent reputation, attract a large amount of investment and demonstrate sustained growth.
The 10 Dow companies with the highest revenues yield are known as “the Dogs of the Dow”.
Dow Jones Companies List
- 3M Company
- American Express
- Apple Inc.
- Boeing Company
- Caterpillar Inc.
- Chevron Corporation
- Cisco Systems, Inc.
- The Coca-Cola Company
- Dow Inc.
- Exxon Mobil
- Goldman Sachs Group
- Home Depot, Inc.
- IBM
- Intel Corporation
- Johnson & Johnson
- JPMorgan Chase & Co.
- McDonald’s Corporation
- Merck & Co., Inc.
- Microsoft Corporation
- Nike, Inc.
- Pfizer
- The Procter & Gamble Company
- Travelers Companies, Inc.
- UnitedHealth Group Inc.
- Verizon Communications Inc.
- Visa Inc.
- Verizon Communications
- Walgreens Boots Alliance
- Walmart Inc.
- The Walt Disney Company
The Dogs Of The Dow
The Dogs of the Dow as of 2023 are:
- Verizon (VZ)
- Walgreens Boots Alliance (WBA)
- 3M (MMM)
- Intel (INTC)
- International Business Machines (IBM)
- Dow (DOW)
- Pfizer (PFE)
- Chevron (CVX)
- Cisco Systems (CSCO)
- Exxon Mobil (XOM)
Dow Jones Futures
Dow Jones futures contracts are the basic way to speculate on the price movements of the index, and just about anyone can do so through a Dow Jones broker that offers this instrument.
There are currently two Dow futures contracts available: the E-mini or mini-Dow, and the Micro E-mini. The E-Mini’s value corresponds to $5 per tick on the Dow, while the Micro E-mini represents $0.50 per tick.
Trading on Dow Jones futures is available from a wide range of online brokers, including some of the biggest names like Interactive Brokers.
However, many Dow Jones brokers also offer their own instruments that trade off the index’s price but are not directly linked to Dow Jones futures. These are sometimes represented by a different symbol, such as US30.
Trading Hours
Most of the companies on the Dow Jones trade during the opening hours of the New York and NASDAQ exchanges, on weekdays from 9:30 am to 4:00 pm Eastern time (EST)
Dow Jones futures are available Sunday through Friday and can be traded almost around the clock. After-hours and pre-market trading information on the Dow Jones is available on CNN Business.
Retail traders should also check their Dow Jones broker, as many platforms set their own hours for trading specific instruments.
Live Price Chart
Getting Started
Following a few simple steps to get started trading the Dow Jones index:
Create And Fund Your Account
Traders looking to sign up with Dow Jones brokers should compare their options, keeping in mind the criteria listed above. Registering with a trading broker for the first time usually involves providing documents for identity verification and know-your-customer checks, and it may also involve proof of address.
When the time comes to fund your Dow Jones brokerage account, pay attention to the minimum and maximum deposit limits as well as the supported payment methods. New traders will probably want to stick to smaller trades while they gain experience with the Dow Jones index, so a low minimum deposit is often desirable. The payment method can also make a big difference – you should use the method that has the lowest fees and the fastest transaction times, such as PayPal.
Do Your Research
The Dow Jones is made up of 30 of the leading companies in the world’s biggest economy. This will have a deep impact on how you analyse, plan and execute your trades for several reasons.
Firstly, as one of the world’s most widely followed and influential indexes, there will be no shortage of material online to help you research the Dow Jones. A little reading goes a long way, and you can quickly learn about the factors that have led to price movements on the Dow Jones’s historical price chart.
Moreover, the makeup of the Dow Jones in itself will help you to understand something of the price’s movement. These are all blue-chip stocks with global reach, and you can count on the Dow Jones to do well during market rallies. Look out for US numbers reports, including things like inflation, interest rate hikes, unemployment announcements etc to help inform your predictions about the Dow’s direction.
Also, note that this is a far smaller index than the S&P 500 and similar. This means that while the S&P 500 will give a broader view of the US economy as a whole, the Dow Jones reflects only the performance of 30 companies – significant as these may be – the majority of which are involved in industry or the manufacture of consumer goods.
Choose A Trading Instrument
Your choice of trading vehicle will have a big impact on your Dow Jones trading experience, affecting your profit potential, the length of contracts available, and more. Longer-term investors may wish to put their money in a Dow Jones EFT, while day traders often prefer derivatives with margin trading such as CFDs. Binary options can be a good option for newer traders or for those who wish to make a lot of short-term trades in one day.
Some Dow Jones brokers such as IG offer traders a variety of ways to trade the index, including EFTs, CFDs and spread betting. However, some of the top Dow Jones binary options brokers such as Pocket Option limit their offerings to only this product.
Choose A Strategy
Your strategy when trading the Dow Jones will depend a lot on the timeframe of your trade and the way the market is performing.
Since the Dow Jones tracks some of the US economy’s biggest companies, in the long-run, the value is often bound to go up – this means it can be a relatively low-risk addition to a trading portfolio for investors who are playing the long game. However, bear in mind that the index’s value will often go down with a big market crash and may take years to recover.
For shorter-term trades, look out for factors that affect the US economy as a whole and particularly the companies that make up the Dow. Remember that the companies on the index with the highest share price will also have the greatest influence on the Dow’s price – this means that it should be your priority to keep an eye on those companies.
Execute A Trade
Once you have signed up to a good Dow Jones broker and researched the market, it’s time to place a trade. Chart analysis of the Dow’s recent performance on TradingView or a powerful trading platform will give you a good idea about price movements and help you identify levels of support and resistance. Also check graphs showing the trading volume and level of volatility for the Dow Jones before opening your position.
When you are satisfied with the market conditions and want to place your trade, navigate to the relevant section on your broker’s app or trading platform to set it up. You will need to input the size of your position, whether you are going long or short, and the amount of leverage you wish to use.
If possible, you may wish to open the trade by placing an order at a specific price. It is also a good idea to set stop loss and take profit levels, as this will curtail the risk of a bad trade leading to big losses and ensure you lock in profits from a good trade.
Bottom Line On Dow Jones Brokers
The Dow is a trading institution and one of the most trusted ways to understand the economic performance in the US. It can also be an exciting and profitable index to trade in the short-term using derivatives, and many investors also put their money in Dow Jones ETFs to reap longer-term profits.
Remember that finding a good and reliable Dow Jones broker will be a key part of your success and keep up to date with all the relevant news on the US economy and Dow Jones companies to stay ahead of the game.
To start trading, see our list of the best Dow Jones brokers and platforms for UK investors.
FAQ
Can You Trade The Dow Jones Through Online Brokers?
The Dow is a popular index and you should be able to take your pick from a large selection of trusted Dow Jones brokers. It’s best to have an idea of the type of trading you wish to do before choosing a Dow Jones broker, as each will have its own list of trading vehicles and features.
What Is The Dow Jones Industrial Average’s Symbol On My Broker’s Platform?
You will normally find information on the Dow Jones’s latest price movements under the ticker symbol DJI or DJIA. Simply search for this symbol in your broker’s trading platform or mobile app.
What Time Does The Dow Jones Index Start Trading?
The companies on the Dow Jones tend to start trading with the rest of the NYSE at 9:30 am EST, and stop trading at 4:00 pm – so, trading hours from 9:30 am–4:00 pm EST (GMT -5).
However, Dow Jones futures are available six days a week and almost round the clock, and your Dow Jones broker may set their own hours for this instrument.
When Is The Best Time To Trade Dow Jones?
You will need to execute trades during NYSE hours, though you may also be able to set up your trade during pre-market or after-hours. As for the best time to trade, this will depend on your strategy and the market conditions. Many prefer early trading on the Dow, as this is usually a busy period and the price can be subject to more extreme movements and breakouts.
Check out graphs to find the periods with the highest trading volume and volatility, and note any upcoming news events that could impact the index.
What Are The Best Dow Jones Stocks Available At Online Brokers?
The Dow consists of 30 of the leading companies that are based in the US and trade on US stock markets. Popular examples of Dow Jones stocks are Apple (AAPL), 3M (MMM), IBM and Microsoft (MSFT).
Is The Dow Jones Better Than The S&P 500?
The Dow Jones and S&P 500 are two of the most widely followed indexes in the trading world. Each has its place, with the S&P 500 providing a broader view of the economic performance across the US, and the Dow Jones focusing on a smaller group of influential companies, most of which are involved in industry and manufacturing in some way. Both are excellent tools for traders and can be used as a way to make trades through a Dow Jones broker.
One advantage of the Dow Jones is that, due to the smaller number of Dow Jones companies, a tracker ETF will usually have exposure to a fuller list of Dow stocks compared to the S&P 500.