Spain 35 Spot Index CFD index
Spain 35 Spot Index CFD index ({{name}}): Real-time quotes and charts
What is Spain 35 Spot Index CFD index ({{name}})
Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFD on IBEX 35 Index. This is a key Spanish stock index, calculated on the Madrid Stock Exchange. It includes shares of 35 largest companies. The list is reviewed twice a year. The total capitalization of #SPAIN35 exceeds €320 billion. The IBEX 35 began to be calculated on January 14, 1992, with the starting value of 3000 points. The maximum level was reached on November 8, 2007, and it was 15945.7 points. In order to qualitatively predict the future movement of the IBEX 35, a trader does not need to cover each of the 35 companies in the listing. It is enough to select the areas in which they are engaged, and then determine the leading enterprises of each of them. Such areas in #SPAIN35 are banking, metallurgy, construction, energy industry, engineering, and telecommunications. 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 the Spanish stock index. Among the reasons to follow the CFDs on IBEX 35 Index 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.