IBEX (SPAIN35)

Why Trade IBEX ‏(SPAIN35) with XM?

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.

Open a Demo Account
Open an Account

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

About IBEX ‏(SPAIN35)

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.

Trading Conditions

Margin requirement 1 %
Spreads as low as 7
SymbolsSPAIN35Cash
DescriptionSpain 35
Min. Price Fluctuation1.00000
Value of Minimum Price FluctuationEUR 1
Value of 1 lot1 Spain 35 index
Max Trade Size80
Swap Value in Margin Currency Long-0.63
Swap Value in Margin Currency Short-0.86
Limit and Stop Levels**15
Trading time (server time) 10:05-20:55 (GMT +2)
** Only if Margin Level is over 100%

The IBEX ‏(SPAIN35) Companies

  • Abertis
  • Acciona
  • Acerinox
  • ACS
  • Aena
  • Amadeus
  • ArcelorMittal
  • Banco Bilbao
  • Banco Sabadell
  • Banco Santander
  • Bankia
  • Bankinter
  • Caixabank
  • Cellnex Telecom
  • DIA
  • Enagas
  • Endesa
  • Ferrovial
  • Gas Natural
  • Grifols
  • Iberdrola
  • Indra Sistemas
  • Industria de Diseno Textil
  • Inmobiliaria Colonial
  • International Airlines Group
  • Mapfre
  • Mediaset
  • Melia Hotels
  • Merlin Properties
  • Red Electrica
  • Repsol
  • Siemens Gamesa
  • Tecnicas Reunidas
  • Telefonica
  • Viscofan

How to Start Trading IBEX ‏(SPAIN35)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on IBEX ‏(SPAIN35) from the “Market Watch” to open an order for this instrument.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.