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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

79% of retail investor accounts lose money when trading CFDs with this provider.


Trade [[data.name]]

[[ data.name ]]

[[ data.ticker ]]

[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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Nordex SE is one of Europe’s leading manufacturers of wind turbines. Headquartered in Rostock, Germany, Nordex was originally founded in Denmark in the mid-1980s. Within a decade, Nordex became the first firm to mass produce a 1MW turbine booster. Production of its wind turbines now takes place in Rostock and as far afield as Tamaulipas, Mexico and China.

As of 2016, Nordex embarked on an ambitious merger with the wind turbine subsidiary of Spanish firm Acciona. Acciona Windpower and Nordex merged to create the Nordex Group.

Today, Nordex boasts an active workforce of more than 9,000 staff worldwide. It also has an estimated valuation of $2.3 billion, which is only marginally lower than some of its counterparts at the cutting edge of the wind power industry. Its latest turbines are designed to offer economical power generation in all climatic and geographical conditions.

Long-time investors in the Nordex share price will have suffered a substantial loss on their initial investment. Had you purchased Nordex shares from the outset of its public listing, you’d be looking at a loss of just over 80% as of January 2023.

Nordex stock was trading as high as €83.92 in July 2001 but, like so many tech stocks in the early 2000s, its value plummeted as the dot-com bubble burst, reaching lows of €5.76 in March 2003. Anyone that managed to get in on Nordex shares around this point would have made a solid return on investment, despite some periods of volatility in the last couple of decades.

The global financial crash of 2007-08 was particularly messy for Nordex stock, hitting lows of €6.83 in February 2009, albeit still higher than its lows of March 2003. Interestingly, its merger with Acciona Windpower saw the Nordex share price fall from €28.71 in December 2015 to €11.75 by February 2017. Inflation-linked cost pressures don’t appear to have had a major impact on Nordex shares of late, with its share price up over 64% between July 2022 and January 2023.

There is fierce competition in the wind power industry, with several publicly listed companies operating out of Europe and North America. Iberdrola is one such firm that has been specialising in generating, distributing and selling energy for almost two centuries. Established in 1840, this iconic Spanish firm, headquartered in the city of Bilbao, now focuses on a host of renewables, including wind, solar and hydropower.

In the United States, NextEra Energy Partners are another big player in the wind turbine sector. Since 2014, it has been overseeing clean energy projects at domestic and commercial levels. Headquartered in North Palm Beach, NextEra posted revenues of more than $18 billion in 2020 and has almost 15,000 employees in North America alone. In fact, NextEnergy is the biggest electric utility holding company in terms of market capitalisation.

Italian energy giant ERG SpA is another major European player in the wind turbine market. Headquartered in Genoa, ERG has been operational since 1938, but has more recently focused its efforts on renewable energy. In 2007, it began to operate in the French and German wind markets and it also invested in new wind farms elsewhere in the UK and eastern Europe.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.


Capitalise on rising prices (go long)


Capitalise on falling prices (go short)


Trade with leverage
Hold larger positions than the cash you have at your disposal


Trade on volatility
No need to own the asset


No commissions
Just low spreads


Manage risk with in-platform tools
Ability to set take profit and stop loss levels