Trade FTSE 100 with LHFX

The FTSE 100 tracks the 100 largest companies listed on the London Stock Exchange. It is heavily weighted toward mining, energy, banking, and pharmaceutical sectors. Bank of England rate decisions, UK economic data, commodity prices, and global risk appetite are the main drivers. Its international revenue base means GBP weakness often supports the index.

UK100 Price Chart

Live UK100 Spread

Real-time market pricing

InstrumentBidAskSpread
UK100
UK100
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Spreads are variable and sourced from the live market. Values shown are real-time.

Trading Conditions

Max Leverage

1:200

Commission

$3 per side

Platform

MetaTrader 5 + LHFX Trade

Execution

STP/ECN

Trading Hours

Sunday 5:00 PM - Friday 5:00 PM ET

About FTSE 100

The FTSE 100 (UK100) is the benchmark UK equity index, tracking the 100 largest companies listed on the London Stock Exchange by free-float-adjusted market capitalisation. It is maintained by FTSE Russell, calculated in real time during LSE hours, and reviewed quarterly in March, June, September, and December. The index launched in January 1984 with a base level of 1,000 and has been the primary measure of UK large-cap performance ever since. The FTSE 100 is one of the most international large-cap indices in the world by revenue exposure. Roughly 75% of constituent revenues are generated outside the UK, which creates a structural inverse relationship with the pound. When sterling weakens, foreign-currency earnings translate into more pounds on reporting day, mechanically supporting share prices. When sterling rallies, the same translation works against constituents. The largest weights are typically AstraZeneca, Shell, HSBC, GSK, Unilever, BP, Diageo, Rio Tinto, BHP, and Lloyds, with healthcare, energy, financials, and commodities together accounting for over 60% of the index. There is no significant US-style mega-cap tech exposure, which is the single biggest compositional difference versus SPX500 or NAS100. At LHFX you trade the FTSE 100 as a CFD on the UK100 symbol. You profit or lose based on the index level moving in or against your position, with leverage up to 1:200 and $3 per side commission. You never own the underlying stocks and do not receive dividends as cash. A dividend adjustment is applied to long and short positions on the ex-dividend dates of constituent companies. Settlement is in USD on your LHFX account. Underlying LSE cash hours run 08:00 to 16:30 London time (03:00 to 11:30 ET). LHFX UK100 CFD pricing extends close to 24 hours from Sunday 17:00 ET through Friday 17:00 ET, so you can take positions during the Asian and US sessions when the cash market is closed.

What moves UK100

  • 01GBP/USD direction. UK100 is inversely correlated with sterling because roughly 75% of constituent revenues are non-UK. A 1% GBP drop typically lifts UK100 by 0.5 to 0.8% on translation effects alone, before any underlying earnings change.
  • 02Bank of England policy. BoE Bank Rate decisions, the quarterly Monetary Policy Report, and Governor press conferences move UK100 partly through GBP and partly through the banking-sector weight (HSBC, Lloyds, Barclays, NatWest, StanChart).
  • 03Energy and mining commodity prices. Shell, BP, Rio Tinto, BHP, Glencore, and Anglo American collectively account for around 20% of the index. Oil price moves, iron ore swings, and copper direction translate quickly into UK100 levels.
  • 04China demand signals. China is the marginal buyer for iron ore and a key consumer market for Diageo and Unilever. China PMI, GDP, and stimulus announcements move UK100 the same morning, even though the index is nominally British.
  • 05UK politics and fiscal events. Budget and Autumn Statement days, snap elections, gilt-market stress (such as the September 2022 mini-budget episode that briefly forced BoE intervention), and credit-rating actions on UK sovereign debt produce single-session gaps.

How to trade UK100 at LHFX

Open an LHFX account and fund it. Minimum deposit is $10. Open MetaTrader 5 or the LHFX Trade web platform, search for UK100, and add it to your Market Watch. Spreads are tightest during the London cash session (03:00 to 11:30 ET) when liquidity is deepest. Commission is a flat $3 per side and leverage runs up to 1:200. UK100 daily volatility is moderate, typically 0.5 to 1.2%. Days with 2% or more usually coincide with BoE surprises, major UK political news, sharp GBP moves, or commodity shocks affecting the mining and energy weights. Size your position to your account rather than to the maximum leverage. A 1.5% adverse index move should cost no more than 2% of your account on a reasonable position. Watch GBP/USD alongside the index. A sharp sterling rally can drag UK100 even when global equities are rising, because the translation effect works in reverse. Set a stop loss before entry. UK100 can move 50 to 80 points in minutes around the BoE decision or major UK CPI release. A leveraged position without a stop can lose more than intended if you are not watching the screen. Worked example. On a $1,000 account at FTSE 8,000, opening 0.05 lots requires roughly $20 in margin at 1:200 (verify the exact contract specification in MT5 before sizing). A 1.5% adverse move (120 points) on that position costs about $60, or 6% of your account. Size down to 0.02 lots for a 2.5% risk budget, or set a tighter stop. Run that math on every entry before clicking buy.

Risks specific to UK100

UK100 carries two specific risks beyond general index volatility. First, GBP translation risk. Because three quarters of constituent revenues are non-UK, a sterling rally can drag the index even when global equities are rallying. You can be right on global risk direction and still lose on UK100 because the FX leg moves against you. Second, commodity and political concentration. Shell, BP, Rio Tinto, BHP, and Glencore are large enough that an oil crash or an iron-ore selloff can produce a same-session move on UK100 that has nothing to do with UK macro. UK political events (election surprises, budget standoffs, gilt-market stress, credit-rating actions) can produce single-day gaps that span the BoE schedule. Mitigations. Start at effective leverage of 1:15 or below until you have run a strategy through a full BoE cycle. Set a stop loss on every position. Size down ahead of BoE meetings, UK CPI release, the Autumn Statement, and major China data. Track GBP/USD as an input into UK100 direction.

Frequently asked questions about UK100

Why does the FTSE 100 often rise when the British Pound falls?

Roughly 75% of FTSE 100 constituent revenues are generated outside the UK. When sterling weakens, those foreign-currency earnings translate into more pounds at reporting time, which mechanically supports share prices. A 1% GBP fall typically lifts UK100 by 0.5 to 0.8% from translation alone, before any change in underlying business performance.

Do you own the underlying stocks when you trade UK100 at LHFX?

No. A UK100 CFD is a price-only contract on the index level. You do not own AstraZeneca, Shell, HSBC, or any other constituent. You do not receive dividends as cash. You have no voting rights. Settlement is in USD on your LHFX account. A dividend adjustment is applied to long and short positions on the ex-dividend dates of constituent stocks.

What hours can you trade UK100 at LHFX?

Sunday 17:00 ET through Friday 17:00 ET, with a brief daily close around 16:15 to 16:30 ET for index resetting. The underlying LSE cash market runs 08:00 to 16:30 London time (03:00 to 11:30 ET). LHFX CFD pricing covers nearly 24 hours, so you can trade UK100 during Asian and US sessions when the LSE is closed.

Are dividends paid on UK100 CFD positions?

No cash dividend is paid. Instead, a dividend adjustment is applied to open long and short positions on the ex-dividend date of each constituent. Longs receive a small credit; shorts are debited the same amount. The FTSE 100 has historically had a higher dividend yield than SPX500, so these adjustments add up over a quarter. Net effect on UK100 positions is typically below 1% per quarter of position notional.

Can you short UK100 at LHFX?

Yes. You can open a sell UK100 position with the same leverage cap (1:200) and the same $3 per side commission as a buy. Shorting UK100 is a common way to express a bearish UK macro view or to hedge a portfolio of FTSE-listed shares.

What leverage can you use on UK100?

Up to 1:200 at LHFX. The cap is a ceiling, not a recommendation. Given UK100's daily volatility profile and BoE event sensitivity, most experienced traders run effective leverage in the 1:15 to 1:30 range. At 1:200, a 0.5% adverse move costs your full margin on the position.

Recent FTSE 100 analyses

Latest commentary on UK100 from LHFX Research

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