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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Your capital is at risk.

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Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

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Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

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Trade [[data.name]]

Trade the most popular, headline grabbing indices with Skilling!

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

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About

History

Competitors

About

History

Competitors

The DAX 40 stands for the Deutscher Aktien Index. It’s also known as the GER40. It’s one of the most influential stock indices in the European markets. It represents the 40 most valuable companies listed on the Frankfurt Stock Exchange.

The DAX 40 history dates back to July 1988, when the index was launched. It has since been a rock-solid barometer for the health of the German economy. It used to be known as the DAX 30, as the index used to consist of 30 publicly listed companies with the greatest free-float market capitalisation. As of September 2021, this became 40 constituents as part of wide-ranging tweaks to the index’s listing criteria. The DAX 40 is comprised of companies across a host of sectors, namely chemicals, industrials, automotives and pharmaceuticals.

When the DAX 30 first launched in July 1988 it was trading at a price of 1,163 points. During the ‘Dotcom Boom’ around the time of the new millennium, the price of the DAX 40 (DE40) peaked at just over 7,500 points. It retracted to around 2,366 points in March 2003, before recovering quickly in the mid-2000s, reaching new highs of a touch under 8,000 points by the end of 2007.

The dawn of the global financial crash in 2008 saw the DAX 40 share price plummet once again, falling to lows of around 3,800 points by March 2009. The following decade was almost one-way traffic upwards, with the DAX 40 even recovering swiftly after the immediate aftermath of the Covid-19 pandemic, scaling all-time highs of around 15,800 points in mid-to-late 2021.

There are several other stock market indices that can also act as a benchmark for the wider economy of the European Union (EU). The CAC 40 is another influential stock index. It is a market cap-weighted measure of the 40 most valuable equities listed on the Euronext Paris exchange. Some of the biggest names within the CAC 40 include L’Oreal, Renault and Pernod Ricard.

The FTSE 100 is equally influential, with this stock index showcasing the leading 100 listed companies on the London Stock Exchange. The FTSE 100 may not be such a good barometer for the EU economy since the UK’s departure from the EU, but it’s still an essential index for major European conglomerates.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
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Spread avg [[ data.stats.avgSpread ]]
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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'.

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Trade [[data.name]] with Skilling

All major indices at industry-leading pricing.
Gain exposure to global markets via lower-risk, stock market indices.

  • Trade 24/5
  • Minimum margin requirements
  • The tightest spreads
  • Easy to use platform
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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.

CFDs
Indices
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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

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