Germany 30
Index Trading
- Type:Index
- Bid:
- Ask:
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- Diff%:
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The Germany 30 is one of our most popular instruments. You can trade it in any direction – up or down – using a leverage of up to 200:1.
Background
For many years, people have invested in Germany’s DAX 30 as well as in other market indices. iFOREX offers you to trade the Germany 30 CFD - a financial instrument that is based on the performance of the DAX 30 Future Index.
The DAX (Deutscher Aktien IndeX, formerly Deutscher Aktien-Index German stock index) itself consists of the 30 major German companies traded on the Xetra Frankfurt Stock Exchange. Prominent examples include: Volkswagen, Adidas, BMW, Siemens, Lufthansa, Daimler (Mercedes-Benz) and SAP. The 30 companies listed in the DAX are responsible for approximately 75% of the value of the Frankfurt stock exchange.
Germany 30 Trading Features
- Diversify your trading portfolio by investing in the Germany 30, which is based on the performance of a local German Future Index (where permitted by local regulations).
- Use customized leverage of up to 200:1 (where permitted by local regulations).
- Use a variety of trade strategies such as ‘short trading’ or ‘hedging’.
- Access a wide variety of advanced trading tools.
Trade Example*
Although our CFDs follow the price of the underlying instrument, traders can maximize their trades by using customized leverage.
So for example if you were to invest only €200, your potential purchasing power may be up to 200 times that i.e. €40,000 (where permitted by local regulations).
If the Germany 30 30 is trading at 6,650 points, then the price of one Germany 30 contract is priced at €6,650 (in this example the spread is not included in the calculations). The use of leverage grants you purchasing power to purchase the contract, or even 6 contracts, for the purpose of this example, whereas with your initial €200 investment you wouldn’t have been able to purchase even one contract.
As such, if you believe that the Germany 30 30 is going to rise then it would only be logical to ”Buy” it or to go “Long”.
If the price then increases to 6,800 points (+2.26%) the profit on that trade would be calculated as follows:
|
Open price |
€6,650 |
|
Close price |
€6,800 |
|
Difference |
€150 |
|
Profit on trade (€150 x 6 contracts) |
€900 |
* This is not based on live data and is a hypothetical example. Figures do not take into account the spread.
If the Germany 30’s price drops below your opening price, then your potential loss is limited to your initial €200 investment.
It is important to note that trading CFDs involves a certain level of risk, but due to our negative balance protection program you can never lose more than you have invested.
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- AED - United Arab Emirates
- ARS - Argentina
- AUD - Australia
- BGN - Bulgaria
- BRL - Brazil
- CAD - Canada
- CHF - Switzerland
- CLP - Chile
- CNY - China
- CZK - Czech Republic
- DKK - Denmark
- EGP - Egypt
- EUR - European Union
- GBP - Britain (United Kingdom)
- HKD - Hong Kong
- HRK - Croatia
- HUF - Hungary
- IDR - Indonesia
- ILS - Israel
- INR - India
- ISK - Iceland
- JPY - Japan
- KRW - South Korea
- KWD - Kuwait
- LBP - Lebanon
- LTL - Lithuania
- LVL - Latvia
- MXN - Mexico
- MYR - Malaysia
- NOK - Norway
- NZD - New Zealand
- PEN - Peru
- PHP - Philippines
- PLN - Poland
- QAR - Qatar
- RON - Romania
- RUB - Russia
- SEK - Sweden
- SGD - Singapore
- THB - Thailand
- TRY - Turkey
- TWD - Taiwan
- USD - United States of America
- XAG - Silver
- XAU - Gold
- XPD - Palladium (Ounce)
- ZAR - South Africa
Expiration and Trading Hours:
This product has various expiration dates during the year.
Note that our Value Dates differ from the Expiration day on the underlying exchange.
Upon expiration, all open positions will be closed at our last available rate (at iFOREX Deal Closing time (GMT)). The related limit orders will be canceled.
Complete information about the contract’s expirations can be found on our Instruments Expiration dates page.
This Index is not traded 24 hours, please note the limited trading hours.
>> Instruments Trading Hours
Margin Accounts are available only in specific jurisdictions, subject to regulatory restrictions.
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