US500 Trading Guide 2026 — Spreads, Sessions & Strategy

US SPX 500 (S&P 500). The 500-company benchmark of the US economy. Typical spreads 0.4–0.6 points (IC avg 0.49) raw, ~65 points (≈0.85%) daily range. Data as of 22 August 2026 — verify current spreads in your platform.

US500 at a Glance

Category
Index
Contract Size (1 lot)
1 index point = $1.00 per lot (IC Markets standard; varies by broker)
Pip Size
1.0 point
Pip Value (1 lot)
$1.00 per point per lot
Typical Raw Spread
0.4–0.6 points (IC avg 0.49)
Typical Standard Spread
0.8–1.5 points
Swap Long / Short
≈ −$2 to −$5 / ≈ −$0.5 to −$2
Avg Daily Range
~65 points (≈0.85%)
Trading Hours
Sunday 22:00 – Friday 21:00 GMT (cash 13:30–20:00 GMT)
Aliases
SPX500, ES, S&P 500

What Moves US500

Fed policy, NFP/CPI, FOMC, earnings season.

US500 Correlations

Risk-on/off; rate sensitivity; inverse USD.

Check live pair correlations with our Forex Correlation Matrix.

US500 Trading Strategy Notes

The broadest US benchmark — FOMC and NFP days produce the cleanest directional runs; tightest index spread on offer.

Risk Notes

Futures gaps at open; dividend adjustments on longs.

Best Sessions for US500

New York cash session 13:30–20:00 GMT

Full session breakdown: US500 session times & hours.

More US500 Resources

US500 Guide Pip Value Swap Rates Session Times US30 GuideNAS100 GuideGER40 GuideUK100JP225

Free Trading Tools

Lot Size Calculator Risk of Ruin Correlation Matrix Session Clock Currency Strength Historical Data

Need a custom US500 EA?

We build MT4/MT5 Expert Advisors and indicators for US500 — with prop-firm-safe risk settings, licensing and full source code. Fixed-price quotes, $150–$2,500.

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Frequently Asked Questions

What is US500?

US500 is the US SPX 500 (S&P 500) pair. The 500-company benchmark of the US economy.

What moves US500 the most?

Fed policy, NFP/CPI, FOMC, earnings season.

When is the best time to trade US500?

New York cash session 13:30–20:00 GMT.

What is the spread on US500?

Representative spreads as of 22 August 2026: 0.4–0.6 points (IC avg 0.49) on raw/ECN accounts and 0.8–1.5 points on standard accounts. Spreads widen around news and at rollover (21:00–22:00 GMT).

Can I run an Expert Advisor on US500?

Yes. US500 is fully automatable in MT4/MT5. Our team builds custom US500 EAs — contact us with your strategy for a free quote.

Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.

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