DAX (GER40)

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.

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Risk warning: FX and CFD trading involves a high risk of loss.

About DAX ‏(GER40)

DAX (GER40), which stands for Deutscher Aktienindex, is the principal German stock market index representative of the 40 major companies that trade on the Frankfurt Stock Exchange and considered a blue chip index in terms of quality and profitability.

The majority of the Frankfurt Stock Exchange stock shares are traded, with index prices calculated by the second, on the Xetra electronic system. The DAX (GER40) index represents about 75% of the aggregate market capitalization, which is the total dollar market value of the shares being traded on the Frankfurt Stock Exchange. The fact that DAX (GER40) measures the 40 largest German companies’ performance, along with Germany being the strongest economy in the Eurozone, ranks DAX (GER40) as the leading stock index to European investors.

Trading Conditions

GER40 Cash

Margin requirement 1 %
Spreads as low as 1
Symbols GER40Cash
Description Germany 40
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation EUR 0.01
Value of 1 lot 1 Germany 40 index
Min/Max Trade Size MT4 0.1/12500
Min/Max Trade Size MT5 0.1/150
Swap Value in Margin Currency Long -1.05
Swap Value in Margin Currency Short -1.54
Limit and Stop Levels 0

GER40 Future

Margin requirement 1 %
Spreads as low as 2
Symbols GER40
Description Germany 40
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation EUR 0.01
Value of 1 lot 1 Germany 40 index
Min/Max Trade Size MT4 1/12500
Min/Max Trade Size MT5 0.1/150
Limit and Stop Levels 0
Weekday 00:05-02:00,02:15-22:15,22:30-22:55 (GMT +3)
Monday Open 00:05 (GMT +3)   │   Friday Close 23:10 (GMT +3)
** Only if Margin Level is over 100%

How to Start Trading DAX ‏(GER40)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

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

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.