Synthetic indices are financial products that track the performance of a group of assets without holding the actual assets themselves. They are created using various methods, such as using mathematical algorithms, statistical models, or market data. Synthetic indices are unique indices that mimic real-world market movement but are not affected by real-world events. They are based on a cryptographically secure random number generator, have constant volatility, and are free of market and liquidity risks. Synthetic indices are continuous indices with deep liquidity and are available to trade 24/7. They are unaffected by regular market hours, global events, or market and liquidity risks. Synthetic indices offer traders and investors exposure to a diverse range of markets without the need for specialized knowledge or access to specific exchanges. They allow traders to gain exposure to a particular market or index without having to buy the underlying assets. Synthetic indices are often used by investors to gain exposure to a particular market or asset class without having to buy individual securities. Some types of synthetic indices include basket synthetic indices, sector synthetic indices, commodity synthetic indices, and volatility synthetic indices. Synthetic indices offer tight spreads and leveraged trades, and they can be traded using trade types such as CFDs, options, and multipliers.