Index
UK100 — FTSE 100
0.8 – 3 points · 60 – 130 points
UK100 is dominated by energy, mining and financial companies with global revenues, which makes it more of a commodity and GBP play than a pure UK growth index.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 1 GBP per point (broker dependent) |
| Pip / tick value | 1 point → 1 GBP / 1.00 lot |
| Typical spread | 0.8 – 3 points |
| Typical daily range | 60 – 130 points |
| Best trading hours | London session 08:00–16:30 UTC |
What moves this market
- ▸Commodity prices via miners and oil majors
- ▸GBP weakness, which lifts overseas earnings
- ▸BoE policy
Correlations to watch
- ▸Often inverse to GBP strength
- ▸Positive to oil and metals
How traders approach it
- ▸London-session range and breakout trades
- ▸Commodity-alignment swing trades
- ▸Fade extremes at weekly levels
Typical mistakes
- ▸Expecting Nasdaq-style volatility
- ▸Ignoring the GBP link
Related instruments
Analyse it in FX CURIO
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