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If you’re looking to trade Dow Jones Industrials Average (US 30), we’ve compiled a list of the best brokers for trading the DJIA. All brokers in this list are authorised and regulated by the FCA. Ensure that you are using the best platforms for trading indices and choose a brokers from our comparison list of the best brokers for trading the Dow Jones Industrials Average (US 30):

Types of broker that offer Dow Jones Industrials Average (US 30) Trading


Compare Index Brokers For Trading Dow Jones Industrials Average (US 30)

All the index brokers are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS. Note: If you want to convert one currency to another and send money abroad you need a currency broker.

Featured Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Best CFD Brokers For Trading Dow Jones Industrials Average (US 30)

Use our comparison tables to compare CFD brokers authorised and regulated by the FCA. Choose or switch to a CFD broker that offers the most markets, best pricing and client security.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Featured Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Best Spread Betting Brokers For Trading Dow Jones Industrials Average (US 30)

Use our comparison reviews to compare spread betting broker costs, spreads, offers and features. Only Spread Betting Brokers authorized and regulated by the FCA where client funds are protected under the FSCS are featured.

Spread betting carries a high level of risk and losses can exceed your deposits. Featured brokers appear first.

Featured Broker FX Spreads (pips from) Index Spreads Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.: Markets:16,000+
Clients: 195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:0.6
USDJPY:0.9
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.7pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Best DMA Brokers For Trading Dow Jones Industrials Average (US 30)

Compare brokers that offer Direct Market Access (DMA) who are authorised and regulated by the FCA.  Use DMA to get inside the price and reduce your trading costs by getting better prices.

Featured Broker DMA Access DMA Execution Account Types CEO Interview More Info

IG

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
CEO Interview

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

Best MT4 Brokers For Trading Dow Jones Industrials Average (US 30)

MT4 or MetaTrader 4 is currently offered by over 600 brokers worldwide. Compare the top MT4 brokers to ensure you get the best pricing, tools, analysis and features.

Featured MT4 Broker FX MT4 Spreads (pips from) Index MT4 Spreads MT4 Features CEO Interview More Info

IG

EURGBP:0.9
USDJPY:0.7
GBPUSD:0.9
EURUSD:0.6
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Variable)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:16,000+
Clients:195,000

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews

CMC Markets

EURGBP:1.1
USDJPY:0.5
GBPUSD:0.9
EURUSD:0.7
FTSE: 1pt
DOW: 1.4pt
DAX: 1pt
(Fixed)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Markets:15,000

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

EURGBP:1
USDJPY:1
GBPUSD:1
EURUSD:1
FTSE: 1pt
DOW: 1.6pt
DAX: 1pt
(Fixed)
SpreadBetting:
CFDs:
MT4:
Listed PLC:
FCA Reg.:
Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Best Options Brokers For Trading Dow Jones Industrials Average (US 30)

Use our comparison tables to compare the best UK based options brokers authorised and regulated by the FCA. Choose or switch to an option broker that offers the most markets, best pricing and client security.

Featured Broker Futures & Options Options Trading Account Types CEO Interview More Info

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

Use our comparison tables to compare the best UK based futures brokers authorised and regulated by the FCA. Choose or switch to a futures broker that offers the most markets, best pricing and client security.

Futures trading carries a high level of risk and can result in losses that exceed your deposits. Featured brokers appear first.

Here is a list of futures brokers based in the UK that are regulated by the FCA

Broker DMA Access Execution Account Types CEO Interview More Info

Saxo Capital Markets

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:
Andrew Edwards Saxo Capital Markets UK CEO Andrew Edwards Visit Saxo

See Services

What is Dow Jones Industrials Index?

The DJ Industrials Index (the 'Dow', ticker: INDU) is one of the oldest stock market indices in the world. It was formulated in 1896 by Charles Dow. Currently, it has only 30 component stocks.

For half a century after its inception, the Dow was the most-followed index because of its history and prestige. But as the US economy expanded massively after 1950, Dow's thirty components gradually under-represented the economy. These days, investors tend to use the S&P 500 as the benchmark. Still, the Dow is a widely-quoted index.

Dow is not cap-weighted but price weighted.

Can you trade the Dow?

Of course, you can. There are multiple financial products derived from the underlying DJ Industrials Index that you can trade with, including:

  • Futures
  • Options
  • Exchange-Traded Funds (link)
  • Investment Funds
  • Spread trading

Read the GMG Guide on Index Trading.

The biggest ETF based on the DJ Industrials Index is the SPDR Dow ETF (ticker: DIA).

What is the attraction of Dow?

DJ Industrials is often seen as one of the barometers of Wall Street. Given its components, Dow is often seen as a 'Blue Chip' index. Investors and traders often like to trade this index:

  • Dow offers good liquidity
  • Dow has a long history, thus allowing investors to compare price movements easily
  • Dow has been a good performer since 2009.

This Index is volatile enough to attract traders. Thus add liquidity of the index.

What drives the DJ Industrials?

Stock markets are driven by a wide variety of factors, including some of the following:

  • Macro factors (e.g. GDP, unemployment, business indicators etc)
  • Monetary factors (e.g., Quantitative Easing, rates movements, yield curve etc)
  • Technical factors (e.g., new highs)

If you are trading INDU short term, you will need to pay attention to news flow and data announcements because they can have massive impact on the index over the short term.

Another area to watch out for are Federal Reserve meetings and the release of FOMC minutes. Any change in interest rates beyond market expectations can cause violent swings in the SPX. For example, if investors were expecting a 0.25% hike but the central bank raised it by 0.5% - this may cause prices swing massively after the announcement.

Studying the reaction of the market to these factors are important.

How to trade the Dow using technical indicators?

To trade the Dow profitably requires a good trading strategy, of which technical indicators may come in handy. Technical indicators include:

  • Trend indicators like moving average
  • Price action
  • Oscillators
  • Support & resistance levels (see GMG Guide on Support/Resistance)
  • Patterns like breakout and reversals

For example, you may use the moving averages to judge whether the index is still trending or due for a reaction.

Another favourite indicator is a break of resistance or support levels. Look at the DJ Industrials ETF (DIA) below. It was clear that the breakout above the 275 key resistance last month resulted in a rally into 280 (see below). This resistance, now broken, may even convert into resistance.

Bear in mind, however, the different traders will gravitate towards different trading styles. Therefore you must find the technical indicators that best support your trading objectives.