Germany 30 FDAX

Germany 30 index futures CFD, which is based on the DAX index futures, tracks the 30 largest companies with the highest trading volume on the Frankfurt Stock Exchange. It is considered a highly popular financial instrument among day traders.

Germany 30 is a capitalisation-weighted index, meaning its value is determined by summing up the components of the index based on the market capitalisation of their freely tradable shares, and then dividing that figure by the total number of companies. As a result, large-size companies in the index have a higher impact on the price then small-size companies.

The price of the Germany 30 futures contract can be influenced by numerous factors relating to Germany’s economic stability - ranging from its GDP growth rate and government revenues, to changes in interest, inflation and unemployment rates. Furthermore, macroeconomic events and changes in trade agreements, at both regional and global levels, tend to move the Germany 30 index, which represents one of Europe’s biggest and most influential economies.

You can find live updates on the instrument’s Details screen regarding economic events and reports that may affect Germany 30.

Europe’s leading stock market indices are open for trading from Monday to Friday. Below are their usual opening and closing times in UTC:

• Germany 30, Europe 50, France 40, Italy 40, Spain 35, Swiss 20 – Open at 07:00; Close at 21:00¹.
• UK 100 – Opens at 01:00; Closes at 21:00¹.

¹ These hours may change from time to time depending on the underlying stock exchanges.

Here are 7 steps to start trading Germany 30 CFDs with Plus500:

1. If you don’t already have a Plus500 account, open a Trading Account Here.
2. Complete your account registration, documents verification and deposit funds.
3. Search for Germany 30 under the ‘Indices’ category or in the search bar.
   * You can add Germany 30 to your Favourites, by clicking the Favourites star on the instrument’s info screen.
4. Check for live and historic prices of Germany 30 with Plus500's advanced charting tools.
5. Check the Economic Calendar for events that may cause price movements in Germany 30.
6. Consider placing stop orders: you can define in advance the profit you would be happy with and/or the level at which you would like to close out the position should the trend turn against you.
7. Open a trade on Germany 30 according to the direction you think it will move: ‘Buy’ if you believe it will rise in the future; ‘Sell’ if you believe it will fall.