The EUSTX50 follows the Euro Stoxx 50, a stock market index that tracks the performance of the 50 top stocks by market cap in the Eurozone. It was formulated by the Deutsche Börse Group and was launched in 1988.
Known members of the EUSTX50 index include Adidas, Airbus, Banco Santander, Deutsche Telekom, Nokia, Philips, Unilever, and Volkswagen.
CFDs on the EUSTX50 index are a great way to gain long or short exposure to the European stock market over any time frame. This index's volatility is not as high as the DAX. It can be a better option for traders new to index CFD trading.
EUSTX50 Historical data
The EUSTX50 has risen by 90% since its lowest recorded levels seen in 2019. It has been declining due to the growing worries around the European economy, emerging market concerns, and uncertainty over the UK leaving the EU. It is also important to note that this particular index includes cyclical stocks that can expand the index's volatility.
How to trade EUSTX50 with Eightcap?
With Eightcap you only need one trading account to trade CFDs on the EUSTX50 index and other asset classes. Eightcap offers clients the MetaTrader 4 and 5 platforms, widely regarded as the world's most advanced trading platforms. Signing up is easy, and in just a few minutes, you will be ready to start your trading journey.