expand/collapse risk warning

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. 71% 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.

71% 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 ]]%)

Low: [[ data.low ]]

High: [[ data.high ]]



Why trade?



Why trade?

Schaeffler is a global automotive and industrial supplier with an estimated market cap of around 1.01B EUR in 2023. The company has more than 170 production facilities, over 8,000 research and development engineers, and 88,000 employees in over 50 countries worldwide.

Schaeffler's product portfolio includes rolling bearings, linear technology, automotive and industrial spare parts, mechatronics products, services, maintenance solutions and more. Schaeffler's products are used in a wide range of industries such as aerospace, agriculture, construction, energy production, and transportation.

The Schaeffler Group experienced a roller coaster of share prices in recent years, with the highest price recorded at €16.65 in Dec 2015 and the lowest being €4.63 in September 2022. This drastic decrease was caused by the novel coronavirus pandemic which had a far-reaching impact on global markets, including automotive suppliers. The company was also faced with greater pressure to reduce costs, which has caused a further drop in the share price.

Additionally, investors may benefit from increased dividends as the company continues to expand its global presence and operational efficiency. Moreover, Schaeffler has been able to maintain its competitive edge by constantly innovating and developing new products and services.

Schaeffler's competitors include SKF, NTN Corporation, NSK Ltd, Timken Company, JTEKT Corporation, Nachi-Fujikoshi, and Koyo Bearings. These companies have been in the industry for a long time and are known to deliver quality products and services as well.

Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* 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'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
  • Easy to use platform

*Other fees may apply.

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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