The GER30 Index, or Dax 30, is the leading stock market index in Germany. It includes the 30 largest companies listed on the Frankfurt Stock Exchange, weighted by market value, and was launched in 1988.
Prominent members of the index include BMW, Adidas, Bayer, Deutsche Bank, Lufthansa, SAP and Volkswagen.
If you are interested in trading the DAX and speculate on rising and falling prices, CFDs on the GER30 index are the easiest ways to do. It's a great way to gain access to the top 50 German stocks without going through the process of opening a brokerage account in Germany.
GER30 Historical data
The GER30 has been one of the strongest indexes in Europe, even weathering the European Sovereign Debt Crisis in 2008. This was a period when several countries within Europe experienced a collapse amongst financial institutions and a strong debt rate in Governments.
The Dax is skewed toward technology and manufacturing companies and correlates well with the tech-heavy Nasdaq index. The index has risen over 350% since the global financial crisis ended in 2009.
How to trade GER30 with Eightcap?
With Eightcap you only need one trading account to trade CFDs on the GER30 index and other asset classes. Also, Eightcap offers clients the MetaTrader 4 and 5 platforms, widely regarded as the most advanced trading platforms in the world. Signing up is easy, and in just a few minutes, you will be ready to start your trading journey.