Trade the Magnificent Seven index

Speculate on the momentum of market leaders

The Magnificent Seven index is a basket of US based high performing, influential companies based on market capitalisation. This index allows you to trade seven giants, recognised for their market dominance, in a single position.

Get to know the Magnificent Seven index

The index constituents are widely regarded as leaders of their fields and known for their technological and socioeconomic impact.

The influence that these firms have had on society has changed the way consumers use technology in their day to day lives and set economic trends.

Current constituents

• Alphabet
• Apple
• Amazon
• Meta
• Microsoft
• NVIDIA
• Tesla

The equities within the index are weighted based on free-float market capitalisation and are rebalanced on a quarterly basis. Index values are published on an intraday and end-of-day basis.

How to trade the Magnificent Seven

You can trade the Magnificent Seven index via spread betting and CFDs. The benefit of both forms of trading allows you to go long or short on the index depending on the direction you think the price is heading.

Open a trade in 4 simple steps:

1. Open a City Index account, or log in if you’re already a customer
2. Select the Magnificent Seven index in our award-winning trading platforms
3. Choose your position and size, and your stop and limit levels
4. Place the trade

Alternatively, you can practise trading shares with no risk to your capital on a City Index demo account.

Magnificent Seven index

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For more information on the Magnificent Seven index please visit the BITA website.