Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFDs on DAX Performance Index. #GERMANY40 (DAX) is calculated as the average weighted by capitalization value of the largest companies in Germany. Note that their capitalization is calculated only on the basis of shares in free circulation (free float). The index also takes into account the income of the shares, assuming that dividends are reinvested in the company’s stocks. Thus, it reflects the total return of the capital. DAX was created on July 1, 1988, and still is calculated by Deutsche Börse AG. #GER40 uses stock prices from the XETRA electronic exchange. The index is calculated on the XETRA working hours from 9:00 am to 5:30 pm (CET). In later time, Deutsche Börse AG calculates the L-DAX (Late DAX), which is an indicator of the DAX development after the exchange closes. The calculation of L-DAX is made on the basis of stock prices on the Frankfurt Stock Exchange every business day from 5:30 pm to 8:00 pm Central European Time. Also, DAX Performance Index affects significantly the dynamics of European currency fluctuations. Today this index is listed on the Deutsche Börse and its course is subject to the observations of many traders in the world. If you want to diversify your trader’s portfolio, take a closer look at the price fluctuations of #GER40. Among the reasons to follow the CFDs on DAX is the strong volatility that can be observed during the day-to-day trading sessions. On this page, you can take a look at the live chart to make your own responsible decision to buy or to sell CFD (Contract for Difference) on this index through the FxPro trading platforms. To start trading, open your FxPro Direct account by clicking the “Register” button at the top of this page. Several convenient top-up methods with 0% commissions are available.
* Only if Margin Level > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
When you open a CFD position on indices with us, it will be aggregated and matched with other FxPro clients’ positions in the same market. Any excess exposure from our predefined in-house limits is hedged with our liquidity providers.
Price adjustments may be applied to eliminate the impact on clients’ trading accounts from a corporate action. Margin requirements may be subject to change before earnings announcements or any corporate action.
If you hold an open position on shares or Indices at the start of the business day (Server Time 00:00), which coincides with the ex-date of the respective underlying asset, a dividend is paid (or charged in the case of short positions). For Buy positions, the payment will be net of any withholding tax implications.
Withholding taxes depend on the country where the stock is domiciled, and clients are responsible for reporting withholding taxes in their respective country of residence.
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