Trade the seven largest US tech stocks with X-Perps on OKX: NVDA, TSLA, AAPL and More
OKX launched X-Perps on all seven largest US tech stocks (Magnificent 7) stocks, giving every user in the EEA that passed the mandatory appropriateness assessment access to USD-margined expiry futures that track the price of Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla from within their OKX account. The seven contracts: AAPLUSD X-Perp, AMZNUSD X-Perp, GOOGLUSD X-Perp, METAUSD X-Perp, MSFTUSD X-Perp, NVDAUSD X-Perp, and TSLAUSD X-Perp are available on web and app.
TL;DR:
New X-Perp contracts launched from 9 June 2026: AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA , all as USD X-Perps
Trade long or short on individual US tech stock price exposure
Available 24/7; Index Price anchored to last TradFi close outside market hours
Leverage up to 10x for eligible EEA retail users; minimum 0.01 contracts per order
No share ownership, shareholder rights, voting rights, or dividends
Regulated by OEM under MFSA Licence No. OEML-15905
What Are the Magnificent 7?
The Magnificent 7 is a widely used market term for seven major US technology companies: Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla. OKX lists USD-margined expiry futures on all seven. When you hold one of these contracts, what you own is the futures position itself , a contractual claim on the price performance of the underlying share, which entitles you to the profit or loss generated when you close the position, plus the funding rate payments you receive or are obliged to make while the position is open. You do not own the underlying share.
OKX X-Perp Contract | Underlying Company |
NVDAUSD X-Perp | Nvidia Corporation |
MSFTUSD X-Perp | Microsoft Corporation |
GOOGLUSD X-Perp | Alphabet Inc. |
TSLAUSD X-Perp | Tesla Inc. |
METAUSD X-Perp | Meta Platforms Inc. |
AMZNUSD X-Perp | Amazon.com Inc. |
AAPLUSD X-Perp | Apple Inc. |
Each contract has a size of 1 (representing one underlying share equivalent) and a minimum lot size of 0.01 contracts, allowing fractional economic exposure without fractional share ownership.
Why Trade Individual Stock X-Perps Instead of an Index ETF X-Perp?
Index ETF X-Perps like SPY-USD X-Perp or QQQUSD X-Perp give broad price exposure to a basket of companies. Magnificent 7 X-Perps allow you to express a more specific view on a single company , going long Nvidia ahead of an earnings release, trading Tesla during a period of volatility, or rotating between individual names based on company-specific news. Single-stock X-Perps make that possible from the same OKX account
.OKX Magnificent 7 X-Perps also allow eligible users to go long or short. A short position is designed to benefit if the underlying reference price falls , a feature generally restricted or conditioned on traditional EEA brokerage platforms.
How Do OKX X-Perps Track Individual Stock Prices?
OKX builds a proprietary Index Price for each Magnificent 7 X-Perp using multiple weighted sources. During US market hours (Monday to Friday, approximately 14:30–21:00 CET), live stock prices are delivered via Pyth. OKX may also use prices from equity-linked tokens on different exchanges to represent one share and prices from equivalent contracts on other venues where relevant.The Funding Rate keeps the X-Perp price anchored to the Index Price over time. When the X-Perp trades at a premium to the Index, longs pay shorts; when it trades at a discount, shorts pay longs. Funding is calculated and settled automatically at regular intervals.
Outside market hours , evenings, weekends, and US public holidays , the Pyth feed is inactive. OKX anchors the Index Price to the last available TradFi closing price and constrains live movements to within ±10% of that figure until markets reopen. Prices may still diverge from the underlying stock's next official market price if major news breaks while US equity markets are closed.
How Do Earnings Releases and Macro Events Affect OKX X-Perps?
Earnings season can create sharp moves in individual stocks. When Nvidia, Meta, or Tesla reports quarterly results, the related OKX X-Perp may move significantly if the underlying reference price changes. Users with open positions should monitor margin levels carefully before earnings releases and major macro events. Take-profit and stop-loss orders may help manage risk, but do not guarantee execution at a specific price in fast-moving markets.OKX X-Perps trade 24/7. US earnings releases typically occur before the market opens (approximately 12:00–14:00 CET) or after the market closes (approximately 21:00–23:00 CET). During these windows, the Index Price reflects real-time data where Pyth feeds are available; outside equity market hours, available crypto-market data may influence price discovery while the Index Price remains anchored within the ±10% band.
How Do You Trade a Magnificent 7 X-Perp on OKX?
OKX Magnificent 7 X-Perps are available on web and mobile from 9 June 2026. On the OKX app, navigate to TradFi → TradFi Futures and search GOLD, SILVER, WTIOIL, or BRENTOIL.
On web, go to Futures → TradFi. OKX X-Perps support limit, market, TP/SL, trigger, trailing TP/SL and scale orders. Leverage from 1x to 10x; minimum order size 0.01 contracts. Positions are margined and settled in USD, USDC, or USDG directly from your OKX account.
Frequently Asked Questions
Yes. OKX Magnificent 7 X-Perps trade 24/7. When US equity markets are closed, the OKX Index Price is anchored to the last available TradFi reference price and constrained within ±10%. The order book remains open and eligible users can open, modify, or close positions at any time. Weekend and after-hours trading carries additional risk , prices may diverge from where the underlying stock later opens.
Eligible EEA retail users can access up to 10x leverage (as of April 2026). At 10x, a small move in the underlying reference price can have a larger effect on position value. Maintenance margin requirements apply and may vary by instrument, position size, market conditions, and regulatory requirements.
No. You need to complete the required KYC verification, accept the relevant risk disclosure, and hold sufficient USD, USDC, or USDG in your OKX account. No external brokerage account or equity custody arrangement is required. Trading an X-Perp is not the same as buying a share , you receive derivative price exposure only.
If a corporate action changes the quantity of shares represented by the underlying, OKX may close all open positions in the affected X-Perp contract and list a new contract reflecting the post-corporate-action structure. OKX will communicate the action and timeline to users in advance where possible. Cash dividends are not supported currently and do not trigger the same mechanism.
Yes. Eligible users can open long or short positions. A short position is designed to benefit if the relevant stock reference price falls. If the price rises instead, losses may occur quickly, especially when leverage is used.
