LiteFinance, a reputable forex and CFD broker based in Cyprus, has expanded its range of trading instruments by introducing a Volatility Index 75 derivative (VIX75) for clients from Uganda, Tanzania, Kenya, Ghana, and Nigeria. This new instrument is available on ECN MT5 accounts and falls under the stock index category.

The Volatility Index 75 is a measure of market risk, primarily based on technical analysis rather than fundamental factors.

Traders from these five regions can trade VIX75 on LiteFinance, around the clock, seven days a week, including holidays. The "75" in the index name signifies a high level of volatility. This index represents a simulated market with consistent volatility, offering users the opportunity to potentially earn significant profits through trading.

LiteFinance offers the advantage of opening positions with small lot sizes such as 0.001 or 0.002. However, it is recommended to start with an initial deposit of $100 for optimal trading conditions.

If you plan to engage in high-volume scalping of VIX75 for quick profits, this global brokerage recommends a minimum deposit of $1,000. When trading larger amounts, it's essential to set stop loss and take profit levels as close to the opening price as possible. For traders with smaller lots, these protective orders can be placed at larger intervals.