We found 11 online brokers that are appropriate for Trading Spxu.
SPXU is a leveraged inverse ETF that functions to generate three times the profit from the daily trading of the S&P 500 Index. Inverted ETFs are found in exchange trading funds (ETFs) that are formed using a variety of derivatives. The purpose of an inverted ETF is to benefit from decreasing the benchmark value from its base. Investing in an inverted ETF is similar to holding a variety of short positions.
Reverse ETF trading involves borrowing and selling securities for investors to buy them back at a lower price. SPXU is the same as other inverted ETFs that use a mutual fund plan that moves in the opposite direction of the S&P 500. SPXU uses leveraged investments such as, short selling or futures contracts. A futures contract is a type of contract to buy or sell assets or securities at a predetermined time and price.
Futures contracts allow investors to bet on the direction of the price of the security. The use of inverted ETF derivatives, namely futures contracts, allows traders to bet that the market will go down. If the market falls, the inverted ETF will increase by the same percentage minus brokerage fees and commissions. Therefore, SPXU is included in the most aggressive class of mutual funds.
SPXU was released from ProShares on June 23, 2009. SPXU is a Proshares ETF available for speculative traders who will trade on certain platforms. SPXU, as a mutual fund, uses a list of open-investment companies with ProShares Advisors as an advisor. As of June 2020, SPXU's assets under management totaled $ 1.3 billion. SPXU's expense ratio is 0.91%. The ratio is high because it does not include trading and brokerage fees, which vary in number. Investors can associate this expense ratio with daily rebalancing.
The advantage investors can get from inverted ETFs is that they do not require the investor to hold a margin account, as is the case with investors who get into short positions. A margin account is a place where brokerage firms lend money to investors to make trades. This margin will later function for continued trading activities.
Investors who enter short positions have no securities. Instead, they will have to borrow securities so they can sell them to other traders. The purpose of this is to buy back the asset at a lower price so that it can sell off the trade by returning the stock to the lender. However, it is not without risk. There is a possibility that the value of the security will increase rather than fall, resulting in investors having to buy back the security at a price higher than its original sale price.
The reverse ETF spend ratio is often less than 2%, and anyone can buy it using an intermediary account. Investors will find it cheaper and easier to take a position in an inverted ETF than to sell short shares, regardless of the expense ratio. Some investors use reverse ETFs, intending to profit from a temporary market downturn. On the other hand, some investors use it to protect their portfolios from falling prices.
SPXU holds swaps of futures contracts and some of their partners so that it can provide three times the daily reverse exposure to other indices. The main fund holder of SPXU is the S&P 500. SPXU is included in the non-diversified fund category because it invests in financial instruments of several partners. Credit from these partners can then affect the work of SPXU. Furthermore, SPXU has the same principles as other leveraged ETFs where you should not hold it for more than a day because there is a combination of daily returns. SPXU also re-balances its daily portfolio so that the level of fund exposure varies every day. SPXU is suitable for investors who are looking for bigger daily returns and are willing to tolerate higher daily risk.
Traders and investors must always be prepared to face a lot of risks regardless of their investments. When trading SPXU, the risks they will face are equity risk, intraday price-performance risk, correlation risk, counterplay risk, market risk, and non-diversification risk. When using SPXU, traders can trade the S5P 500 index for one day. However, SPXU is not compatible with all types of traders. This is because the ProShares UltraPro Short S&P 500 ETF uses leverage so that it can ultimately triple the inverted daily profit of the S&P 500 index, which certainly has a high level of risk. Therefore, you should understand the workings of the SPXU well before deciding if it is suitable for you.
We have conducted extensive research and analysis on over multiple data points on SPXU to present you with a comprehensive guide that can help you find the most suitable SPXU. Below we shortlist what we think are the best spxu after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching SPXU.
Selecting a reliable and reputable online Spxu trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Spxu more confidently.
Selecting the right online Spxu trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for spxu trading, it's essential to compare the different options available to you. Our spxu brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a spxu broker that best suits your needs and preferences for spxu. Our spxu broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Spxu.
Compare spxu brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a spxu broker, it's crucial to compare several factors to choose the right one for your spxu needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are spxu. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more spxu that accept spxu clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Spxu ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Spxu for 2024 article further below. You can see it now by clicking here
We have listed top Spxu below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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