How is the trading DAX (GER40) with XM.

The DAX is a price-weighted index, which means that the weight of each company in the index is proportional to its stock price.

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DAX (GER40)

The DAX, also known as the Deutscher Aktienindex or German Stock Index, is a stock market index that tracks the performance of 30 large publicly traded companies listed on the Frankfurt Stock Exchange in Germany. The index is widely considered to be a barometer of the overall health of the German stock market and is often used as a benchmark for the performance of mutual funds and other investment vehicles.

The DAX is a price-weighted index, which means that the weight of each company in the index is proportional to its stock price. The index is calculated by adding up the stock prices of the 30 companies and dividing the total by a divisor, which is adjusted to account for corporate actions such as stock splits and dividends.

The DAX is a popular choice for investors looking to gain exposure to a broad range of large, well-established companies in the German stock market. The index is highly diversified, covering a range of sectors including healthcare, technology, consumer goods, and financial services.

Why Trade DAX (GER40) with XM?

At XM we offer DAX (GER40) as cash and futures CFDs. Our cash index CFDs are undated transactions that aim to replicate the cash price of the underlying index, and so they are adjusted for interest and dividends. Index futures CFDs expire on specific future dates and are cash-settled on the expiry date.

Benefits of trading DAX (GER40) with XM:

Trading Conditions

GER40 CASH

Margin requirement100 %
SymbolsGER40Cash
DescriptionGermany 40
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationEUR 0.01
Value of 1 lot1 Germany 40 index
Spreads as low as1
Min/Max Trade Size MT40.1/12500
Min/Max Trade Size MT50.1/230
Swap Value in Margin Currency Long-1.7
Swap Value in Margin Currency Short-0.61
Limit and Stop Levels0

GER40 FUTURE

Margin requirement100 %
SymbolsGER40
DescriptionGermany 40
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationEUR 0.01
Value of 1 lot1 Germany 40 index
Spreads as low as2
Min/Max Trade Size MT41/12500
Min/Max Trade Size MT50.1/230
Limit and Stop Levels0

How to Start Trading DAX (GER40)

Step 1 Open an XM Real Account

Step 2 Download and log in to either the MT4 or MT5 platform

Step 3 Double-click on DAX (GER40) from the “Market Watch” to open an order for this instrument.

Visit XM Official Website.