CFDs that track the prices of major stock indices have become extremely popular among independent traders who previously focused largely on currency trading, and many crypto brokers and others now offer this. With stock indices, it is possible to make a leveraged bet on the direction of any of the major stock indices of the world, like the S&P 500 in the US, the French CAC 40, or the British FTSE 100.
Trading stock indices is often preferred by traders instead of betting on individual companies, as individual stocks can expose a trader to several company-specific risks. With highly leveraged CFDs, it is also possible to take much larger positions in the market than would otherwise be possible. This makes trading fun and potentially very profitable even for new traders with small trading accounts who are trading with forex & crypto brokers.