6 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.
At XM we offer IBEX (SPAIN35) as a cash CFD. Our cash CFDs are undated transactions that aim to replicate the cash price of the underlying instrument, and so they are adjusted for interest.
Since its initiation in 1992, the IBEX (SPAIN35) has been the benchmark stock market index of the largest stock exchange in Spain, the Bolsa de Madrid. It comprises the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index (IGBM), which the main market-capitalization stock index of the Bolsa de Madrid measuring the performance of a selected number of continuous market stocks.
The IBEX (SPAIN35) is a capitalization-weighted index, calculated and administered by the Sociedad de Bolsas. The index is reviewed twice every year by the Technical Advisory Committee, with each review taking into consideration the 35 companies that show the highest trading volume in euros over the previous six months. Any selection changes made regarding the index constituents come into effect on the first trading day of January or July.
Margin requirement | 1 % |
Spreads as low as | 6 |
Symbols | SPAIN35Cash |
Description | Spain 35 |
Min. Price Fluctuation | 1.00000 |
Value of Minimum Price Fluctuation | EUR 1 |
Value of 1 lot | 1 Spain 35 index |
Spreads as low as | 6 |
Min/Max Trade Size MT4 | 1/12500 |
Min/Max Trade Size MT5 | 0.1/80 |
Swap Value in Margin Currency Long | -0.56 |
Swap Value in Margin Currency Short | -0.83 |
Limit and Stop Levels** | 15 |
Open an XM Real Account
Download and login to the MT5 platform
Double-click on IBEX (SPAIN35) from the “Market Watch” to open an order for this instrument.
Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.
By clicking the "Enter" button, you agree for your personal data provided via live chat to be processed by Trading Point of Financial Instruments Limited, as per the Company's Privacy Policy, which serves the purpose of you receiving assistance from our Customer Support Department.
If you do not give your consent to the above, you may alternatively contact us via the Members Area or at support@xm.com.
All incoming and outgoing telephone conversations, as well as other electronic communications (including chat messages or emails) between you and us will be recorded and stored for quality monitoring, training and regulatory purposes.