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Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions.

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

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Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. Clients can lose more than they deposit. All trading involves risk.

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FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. For more detailed information click this link.

Best Brokers For Trading VIX Volatility Index for 2025

Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions.

Learn more about Alison Heyerdahl
Chris Cammack
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

The Volatility 75 Index, or simply the VIX, measures stock-market volatility. Often called the “fear index”, it measures how much volatility professional investors believe the S&P 500 index of leading US shares will experience over the next 30 days. Since the VIX has a strong negative correlation with the stock market, it has become a popular financial instrument among traders, who use it to hedge against falls in stocks and for purely speculative reasons.

Our guide to the VIX will explain what it is, how it is calculated, how traders use it as part of a risk-management strategy, the advantages and disadvantages of trading VIX CFDs, and which brokers are the best for VIX trading. Our team has thoroughly researched and tested over 180 CFD providers to provide the top VIX brokers for traders of all budgets and preferences.

Trusted. Transparent. Tested.

For over a decade, we’ve set the standard in forex broker reviews—collecting thousands of data points yearly to deliver unbiased, expert-backed insights.

Skip the trial and error! Below, you’ll find the best forex brokers in the Philippines for 2025—thoroughly tested, verified, and ranked, so you can trade with confidence.

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Best Brokers For Trading VIX Volatility Index for 2025

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Official Site
VIX 75 Index
Max. Leverage
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
Regulators
Compare
Visit Broker
79% of retail CFD accounts lose money
Yes
AUD 100
30:1
USD 6
ASIC Regulated Forex BrokersCySEC Regulated BrokersFSCA Regulated Forex BrokersThe Seychelles Financial Services Authority
Financial Services CommissionCapital Markets Authority
Visit Broker
76% of retail CFD accounts lose money
Yes
USD 100
400:1
USD 9
ASIC Regulated Forex BrokersFSCA Regulated Forex BrokersCySEC Regulated BrokersFinancial Services Agency
Central Bank of IrelandFinancial Regulatory Services AuthorityIsrael Securities Authority
Visit Broker
75.3% of retail CFD accounts lose money
Yes
USD 0
1000:1
USD 10
FCA Regulated BrokersASIC Regulated Forex BrokersCySEC Regulated BrokersDubai Financial Services Authority
Bundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets Authority
Visit Broker
72.90% of retail CFD accounts lose money
Yes
USD 0
2000:1
USD 10
FCA Regulated BrokersFSCA Regulated Forex BrokersDubai Financial Services AuthorityFinancial Services Commission
The Seychelles Financial Services AuthorityCapital Markets Authority
Visit Broker
75.18% of retail CFD accounts lose money
Yes
USD 5
500:1
USD 6
CySEC Regulated BrokersASIC Regulated Forex BrokersDubai Financial Services AuthorityInternational Financial Services Commission
Visit Broker
78% of retail CFD accounts lose money
Yes
USD 0
500:1
USD 7
CySEC Regulated BrokersFCA Regulated BrokersInternational Financial Services CommissionKomisja Nadzoru Finansowego
Visit Broker
70.81% of retail CFD accounts lose money
Yes
USD 200
500:1
USD 8
CySEC Regulated BrokersThe Seychelles Financial Services AuthoritySecurities Commission of the BahamasCapital Markets Authority
Visit Broker
70% of retail CFD accounts lose money
Yes
USD 0
30:1
USD 6
FCA Regulated BrokersASIC Regulated Forex BrokersFSCA Regulated Forex BrokersMonetary Authority of Singapore
Dubai Financial Services AuthorityFinancial Services AgencyCommodity Futures Trading AssociationSwiss Financial Market Supervisory AuthorityFinancial Markets Authority of New ZealandBundesanstalt für FinanzdienstleistungsaufsichtBermuda Monetary Authority
FP Markets
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
AUD 100
Max. Leverage
30:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
Regulators
regulatorregulatorregulatorregulator
regulatorregulator
AvaTrade
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 100
Max. Leverage
400:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 9
Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Pepperstone
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 0
Max. Leverage
1000:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
HFM
4.4
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 0
Max. Leverage
2000:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
Regulators
regulatorregulatorregulatorregulator
regulatorregulator
XM
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 5
Max. Leverage
500:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
Regulators
regulatorregulatorregulatorregulator
XTB
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 0
Max. Leverage
500:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 7
Regulators
regulatorregulatorregulatorregulator
IC Markets
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 200
Max. Leverage
500:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 8
Regulators
regulatorregulatorregulatorregulator
IG
4.7
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

VIX 75 Index
Yes
Min. Deposit
USD 0
Max. Leverage
30:1
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulatorregulatorregulatorregulatorregulator
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  • Trust Rating: Assessment of broker reliability and reputation
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Learn how we set the standard for broker reviews. Explore our in-depth review process here.

FP Markets

Best for: Filipino traders seeking institutional-grade pricing and direct access to VIX CFD markets

FP Markets
4.60
79% of retail CFD accounts lose money

Min. Spread

0.0 pips

Regulation

CMA, FSA-Seychelles, FSC, FSCA, ASIC, CySEC

Min. Deposit

AUD 100

Platforms

IRESS, cTrader, MT5, MT4

Max Leverage

30:1

Why FP Markets Stands Out

  • Ultra-Low Latency Execution

    Perfect for VIX volatility plays where milliseconds matter, thanks to servers in the Equinix NY4 data center.

  • Competitive Spreads on Indices

    VIX index trading is available with tight spreads and low commissions on Raw ECN accounts.

  • Customisable Risk Management Tools

    Traders get advanced order types and adjustable margin settings, critical when trading VIX's rapid movements.

  • VIX Access via Indices on MT5

    Trade the Volatility Index (VIX) through CFD exposure on the US Volatility Index via MT5 — ideal for hedging during market stress.

  • ECN/DMA Execution Model

    FP Markets uses true ECN infrastructure, meaning low latency and tight institutional spreads when trading volatility spikes.

  • Advanced Platform Suite

    Choose from MT4, MT5, and TradingView — ideal for deploying volatility breakout strategies or using custom indicators on VIX-linked charts.

Why FP Markets Falls Short

    • VIX CFD Available Only on MT5

      Traders using MT4 must upgrade to MT5 to access volatility index instruments like the VIX.

    • Higher Learning Curve

      FP’s institutional-grade tools may overwhelm beginners not familiar with CFD mechanics or VIX hedging strategies.

FP Markets | Best for: Filipino traders seeking institutional-grade pricing and direct access to VIX CFD markets

Final Verdict: Is FP Markets right for you?

Trade if:

  • You want ECN execution and reliable VIX access on MT5
  • You already use TradingView or MT5 for volatility setups

Consider Alternatives:

  • You need a beginner-friendly platform for VIX trading
  • You prefer fixed spreads over ECN-style raw pricing
Visit Broker
Accepts clients from the Philippines. Average spread EUR/USD 0 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4, MT5 & IRESS platforms supported. FP Markets is regulated by CySEC and ASIC.

AvaTrade

Best for: Beginners and intermediate traders looking for fixed-spread VIX trading in a user-friendly platform

AvaTrade
4.59
76% of retail CFD accounts lose money

Min. Spread

0.9 pips

Regulation

ISA, FRSA, CBI, FSA-Japan, FSCA, ASIC, CySEC

Min. Deposit

USD 100

Platforms

AvaOptions, Avatrade Social, MT5, MT4

Max Leverage

400:1

Why AvaTrade Stands Out

  • Fixed Spreads on VIX CFD

    Gives predictability in trading costs during high volatility—rare among brokers offering VIX.

  • AvaTradeGO App with Market Sentiment Tools

    See how others trade the VIX in real-time — a great learning tool for less experienced traders.

  • Risk Protection with AvaProtect

    Unique feature allowing traders to insure positions for up to 1 million pesos (USD equivalent).

  • No Commission, All-In Pricing

    VIX trades are commission-free with costs embedded in the spread—simplifies the fee structure.

Why AvaTrade Falls Short

  • Limited leverage for VIX

    To reduce risk, leverage on VIX CFD is capped, potentially reducing profit potential for skilled traders.

  • Advanced charting features limited to desktop

    Mobile users may find technical analysis tools more basic than on MetaTrader or TradingView.

AvaTrade | Best for: Beginners and intermediate traders looking for fixed-spread VIX trading in a user-friendly platform

Final Verdict: Is AvaTrade right for you?

Trade if:

  • You prefer fixed costs and simple platforms for VIX trading
  • You are a beginner looking for mobile-friendly VIX exposure

Consider Alternatives:

  • You want tight variable spreads and to use advanced technical analysis
  • You trade VIX with high frequency and want higher leverage
Visit Broker
Accepts clients from the Philippines. Average spread EUR/USD 0.90 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA.

Pepperstone

Best for: Advanced Filipino traders looking for tight spreads and high-speed execution on VIX CFDs

Pepperstone
4.61
81.3% of retail CFD accounts lose money

Min. Spread

0 pips

Regulation

CMA, BaFin, SCB, DFSA, ASIC, FCA, CySEC

Min. Deposit

USD 0

Platforms

Pepperstone Platform, TradingView, cTrader, MT5, MT4

Max Leverage

1000:1

Why Pepperstone Stands Out

  • Low-Latency ECN Execution

    Pepperstone routes orders through Tier-1 banks, ensuring fast and reliable fills even during volatile VIX spikes.

  • TradingView and cTrader Integrations

    Ideal for chartists — trade VIX CFDs directly from your TradingView screen or cTrader ecosystem.

  • Ultra-Competitive Spreads on Indices

    One of the lowest average spreads for VIX and other indices, critical when trading sharp movements.

  • 24/5 Support with Philippine-friendly hours

    Timely customer service for Filipino traders ensures smooth operation and fewer delays.

Why Pepperstone Falls Short

  • No fixed spread option

    During high volatility, spreads on VIX may widen substantially compared to brokers offering fixed pricing.

  • No proprietary mobile app

    All trading must be done via third-party platforms (MT4, MT5, cTrader, TradingView), which may not be intuitive for beginners.

Pepperstone | Best for: Advanced Filipino traders looking for tight spreads and high-speed execution on VIX CFDs

Final Verdict: Is Pepperstone right for you?

Trade if:

  • You are a scalper or day trader trading short-term VIX movements
  • You already use TradingView or cTrader in your setup

Consider Alternatives:

  • You are a beginner who needs fixed pricing and educational tools
  • You want a native mobile app with built-in features
Visit Broker
Accepts clients from the Philippines pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 1000:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone Group is regulated by the FCA, ASIC, and the DFSA.

HFM

Best for: Filipino traders seeking high leverage and flexible account types for VIX trading

HFM
4.43
72.90% of retail CFD accounts lose money

Min. Spread

0.0 pips

Regulation

CMA, FSA-Seychelles, FSC, DFSA, FSCA, FCA

Min. Deposit

USD 0

Platforms

HFM Trading App, MT5, MT4

Max Leverage

2000:1

Why HFM Stands Out

  • Multiple Account Types Including Micro & Zero

    Trade VIX with customized conditions — from zero spreads to micro lots for small-scale traders.

  • Up to 1:100 leverage on indices

    One of the highest leverages available on VIX CFDs in a regulated environment.

  • Educational Webinars and VIX Market Updates

    Frequent webinars and market news focused on volatility trading help sharpen skills for beginners.

  • Strong regional presence in Southeast Asia

    Localised support, bonus programs, and trading contests are available for Filipino clients.

Why HFM Falls Short

  • Variable spreads on VIX during peak hours

    Spreads may be less favorable during major macroeconomic events.

  • Desktop-first design

    The mobile platform lacks some features compared to the full desktop version.

HFM | Best for: Filipino traders seeking high leverage and flexible account types for VIX trading

Final Verdict: Is HFM right for you?

Trade if:

  • You want to test VIX with micro lots before scaling up
  • You prefer flexible leverage and trading bonuses

Consider Alternatives:

  • You require consistently tight spreads during all trading hours
  • You rely on mobile-first platforms with robust charting
Visit Broker
Accepts clients for the Philippines. Average spread EUR/USD 1.00 pips on trading account with lowest minimum deposit. Max leverage 2000:1. Islamic account available. MT4 & MT5 platforms supported. HFM Group regulated by the CMA, FSCA, FCA, FSC and the DFSA.

XM

Best for: Newcomers seeking to trade VIX with a trusted global broker and low starting capital

XM
4.45
75.18% of retail CFD accounts lose money

Min. Spread

0.6 pips

Regulation

DFSA, FSC, ASIC, CySEC

Min. Deposit

USD 5

Platforms

MT5, MT4

Max Leverage

500:1

Why XM Stands Out

  • Free $30 No-Deposit Bonus

    Filipino traders can begin VIX trading risk-free — no deposit needed to try the platform.

  • Micro Accounts and Fractional Lots

    Allows ultra-small VIX positions, ideal for practising or testing strategies on real markets.

  • VIX CFD available on MT5

    Trade via an intuitive and widely used platform with enhanced features for volatility tracking.

  • Multilingual webinars and localised support

    Weekly training in English and Tagalog, designed for beginners and intermediate traders.

Why XM Falls Short

  • VIX is not available on MT4

    Traders must use MT5 to access volatility indices—which may require relearning for MT4 users.

  • No fixed spread accounts for indices

    All spreads are variable and may widen during news releases.

XM | Best for: Newcomers seeking to trade VIX with a trusted global broker and low starting capital

Final Verdict: Is XM right for you?

Trade if:

  • You want to explore VIX trading without financial risk
  • You prefer using micro lots and MT5 for testing VIX strategies

Consider Alternatives:

  • You insist on fixed spreads or only use MT4
  • You want access to advanced tools like TradingView or cTrader
Visit Broker
Accepts clients from the Philippines. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 platforms supported. XM Group regulated by CySEC, ASIC, and the IFSC.
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What is the Volatility 75 Index (VIX)?

The VIX is the most watched volatility index in the global markets. It measures expected volatility in the S&P 500 but is also a barometer for confidence in the wider US stock market.

How Volatility Trading Works

Before you trade the VIX, you must understand how volatility trading differs from standard CFD trading. Volatility is a measure of the movement of an asset’s price (in this case, the expected movement of the S&P 500 index over the next 30 days) rather than a measure of the price itself. So, with volatility trading, rather than focusing on the direction of change, you are speculating on how much the market will move and how frequently that movement will occur. As mentioned, the VIX and S&P 500 are strongly negatively correlated. That means that when the VIX increases, the S&P 500 is likely to fall, and when the VIX falls, the S&P 500 is likely to rise. 

Why Trade the VIX?

Unlike indices, such as the S&P 500 or FTSE, which are groups of company shares, the VIX is a volatility index. The VIX is calculated by tracking the underlying price of S&P 500 options, not the stock market itself, allowing it to estimate the 30-day volatility of the S&P 500. The VIX tends to rise with increased market instability. Conversely, if the VIX falls, it signifies stable markets and an increase in the S&P 500. 

When the VIX reading is above 30, it implies high expected volatility and investor fear about the market’s direction. By contrast, a reading below 30 suggests investors are generally confident about the market outlook. In March 2020, amid concern about the impact of the outbreak of the COVID-19 pandemic on the global economy, the VIX jumped to 82.69, its highest level ever, as stock markets crashed around the world. 

During highly volatile periods, investors dump stocks and buy “haven” assets considered more stable in times of uncertainty, such as US Treasury bonds or gold. Traders often use the VIX to hedge their portfolios against market downturns. For example, you would buy the VIX if you go long on shares in a US company but want to offset potential losses if the market takes a downturn. Taking a long position on the VIX could balance out drawdowns you may experience and hedge your market exposure. Because the VIX negatively correlates with other asset classes, it can reduce overall risk and increase returns.

Some traders also speculate on the direction of the VIX itself rather than using it as a hedge. Depending on their outlook for market volatility, they may take long or short positions in VIX futures or options CFDs.

Going Long or Going Short on the VIX

When you open a position on the VIX, you can either take a long or a short position. If you take a long position, you believe that volatility will increase; if you take a short position, you believe it will decrease. Although there is a strong negative correlation between the VIX and the S&P 500, volatility traders are not interested in whether the price of the S&P 500 will rise or fall, as they can profit from both price movements.

Going long on the VIX

Traders often choose a long position on the VIX during times of financial instability, when there is a lot of uncertainty and fear in the market. For example, you would have made a substantial profit if you had taken a long (buy) position on the VIX at the beginning of the Covid pandemic when it hit 82.7 per cent volatility.

Going short on the VIX

Traders take short positions during times of low volatility and generally when they expect the S&P500 to rise in value. Low interest rates and economic growth usually result in the steady growth of the S&P500’s share prices, so traders short-sell the VIX, expecting that volatility will remain low during these conditions. However, it can be risky to short-sell the VIX, as losses can be significant if volatility spikes.

Using the VIX 75 as a Risk Management Tool

The VIX can also be used as a risk management tool. Because the VIX provides information on levels of implied volatility, it can help determine trade sizes. During periods of higher volatility (high VIX levels), it is prudent to reduce your lot sizes, whereas, during periods of lower volatility (lower VIX levels), you can increase your lot sizes. 

"Traders often use the VIX to hedge their portfolios against market downturns."

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The Benefits and Risks of trading VIX CFDs

Like all CFDs, there are advantages and drawbacks to trading these risky assets.

Benefits of Trading VIX CFDs

Trading the VIX allows traders to generate profits from the expected volatility of the S&P 500 index. It also has many other benefits:

Easy Access and Flexibility: Traders can open an account with a broker and trade on a VIX CFD with a relatively small amount of capital. They can open or close positions anytime during the trading day and choose their trade size. 

Go long or short: You can speculate on VIX price movements in both directions. Traders generally buy (go long on) the index when uncertainty rises in the markets since uncertainty will likely result in heightened fear and greater volatility. Equally, when investors feel confident, volatility will likely decrease, so traders that sell (or go short on) the index may profit.

Leverage: VIX CFD brokers allow traders to use leverage, which means they can trade with a smaller initial investment than they would need to trade VIX futures or options directly. This can magnify potential returns but also magnify potential losses, so it’s important to use leverage judiciously and manage risk carefully.

Lower costs: Trading VIX CFDs can be cheaper than trading VIX futures or options, as there are lower transaction fees and no need to pay for margin financing. However, traders should be aware that other costs may be associated with CFD trading, such as overnight swap fees.

Diverse trading strategies: VIX CFDs can be used in various trading strategies, such as speculating on volatility spikes, hedging against market downturns, or taking advantage of market inefficiencies.

Disadvantages and risks of trading the VIX 75 via CFDs

While there are significant benefits to using CFDs to trade the VIX 75, there are also considerable risks that any trader should be aware of before trading these complex financial products.

Leverage: When you trade with leverage, you are essentially borrowing money from your broker to increase the size of your position. While this can potentially increase your profits, it also increases your risk of loss. If the market moves against you, your losses can be significantly magnified.

Constant monitoring: You must always be alert to possible changes in your position. News announcements and other economic events can increase volatility significantly. This may cause rapid price changes that cause the balance of your account to change quickly. This is especially true if you have taken a short position on the VIX.

It is easy to take on too much risk: Because the cost of trading the VIX is low due to leverage, it is easy for traders to be lulled into a false sense of security and take on higher trading positions than is prudent. 

Limited liquidity: VIX CFDs are less liquid than other financial instruments, such as major currency pairs or stock indices. This can lead to wider bid-ask spreads, slippage, and difficulty executing trades at the desired prices.

"The VIX measures expected volatility in the S&P 500 but is also a barometer for confidence in the wider US stock market."

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The role of CFD brokers in trading the Volatility 75 index

Brokers facilitate trading on the VIX. They act as intermediaries between traders and the exchange, executing trades on behalf of their clients.

Important considerations when choosing a broker for trading the VIX

When choosing a broker to trade the VIX, there are several important considerations to keep in mind:

Regulation: You must ensure that the broker is legitimate and trustworthy. Reputable brokers are regulated by financial authorities such as the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Conduct Authority (FCA) of the UK, the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Check whether your broker has a regulatory licence, and then check with the regulator that the licence is valid.

Trading Platforms: Traders should choose brokers that offer a variety of stable and user-friendly trading platforms. Trading platforms should provide useful features such as technical indicators, risk management tools, and various charting tools. Third-party platforms, such as MetaTrader 4, MetaTrader 5, and cTrader, are popular among traders because they are available at most brokers, and traders can customise and save their settings should they migrate to another broker. 

Trading Fees: Trading fees include spreads, commissions, and overnight swap fees. Brokers must publish their trading fees on their websites, and traders should choose brokers with competitive spreads and commissions, as these fees can significantly impact profitability.

Leverage: The broker should offer flexible leverage options for trading the Volatility 75 index. Leverage can magnify profits and increase risks, so traders should choose a leverage level that matches their risk appetite and trading strategy.

Customer Support: The broker should provide excellent customer support through various channels, including live chat, email, and telephone. Traders should be able to contact the broker at any time and receive prompt and helpful assistance.

Education and Research: The broker should provide educational resources and research materials to help traders improve their skills and stay informed about market developments. This can include webinars, tutorials, market analysis, and trading signals.

Deposit and Withdrawals: The broker should offer convenient and secure deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets. Traders should also check the broker’s withdrawal policy and processing times.

"Because the cost of trading the VIX is low, it is easy for traders to be lulled into a false sense of security and take on higher trading positions than is prudent."

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60-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts and an experienced financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 100 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Ida Hermansen

Financial Writer

Ida Hermansen
Ida is a financial writer with a passion for cryptocurrencies, blockchain networks, and Forex trading. A dedicated crypto trader, she developed a deep interest in Forex technical analysis and price action, continually expanding her expertise in market trends and trading strategies. With a background in digital marketing, SEO, and content strategy, Ida combines her analytical skills with clear, engaging writing to help traders navigate the ever-evolving financial markets. She stays up to date with the latest Forex and crypto developments, researching the best trading environments for new and experienced traders alike.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.

                

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Our education section provides easy-to-follow resources that guide you through the fundamentals of Forex trading, risk management, technical and fundamental analysis, and more.
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