Germany Technology 30 Spot Index CFD index
Germany Technology 30 Spot Index CFD index ({{name}}): Real-time quotes and charts
What is Germany Technology 30 Spot Index CFD index ({{name}})
Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFD on TECDAX Performance Index. GerTech30 is Germany's leading stock index. It was created in March 2003 by Deutsche Börse AG experts. TecDAX takes into account the two most important parameters: cost and performance of the companies included. #GERTECH30 includes 30 of the 35 largest high-tech corporations in Germany. This list is updated every quarter. Choosing companies to the list, a huge number of parameters are taken into account, ranging from total capitalization to the turnover of securities on the stock exchange. Due to this approach, the TecDAX index perfectly reflects the state of the German economy. All calculations are performed on the basis of statistical information of the XETRA electronic system. This takes into account the market capitalization of shares in free circulation. Today this index 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 TECDAX Performance Index. Among the reasons to follow the CFDs on TecDAX 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.
Trading Conditions
* 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'.
How we execute Indices CFDs
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.
Corporate Actions
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.
Dividends
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.