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What is the DAX Index?

The German DAX Index is a blue chip index launched by the Deutsche Börse Group and is also an important stock index in Germany.The index contains 30 major German companies. The DAX Index is an important securities index that ranks the same as the London Financial Times Index in Europe and is one of the important indexes in the world securities market. Unlike traditional trading methods, the index trades through the Xetra trading system, using electronic trading to facilitate global trading.
The DAX30 Index attempts to reflect the total return of the German stock market. The DAX30 Index takes into account dividend income and nominally reinvests all dividend income on the stock.Thus, even if the German stock price does not change, the DAX30 index may still rise due to dividend income. Futures and options contracts for the DAX30 Index are traded on the European Futures Options Exchange.
The five largest companies in the DAX30 index are Bayer, Daimler, Siemens, Allianz and BASF.The DAX30 index is often seen as a barometer of the German economy, and since the German economy accounts for one-third of the eurozone's total economy, the DAX30 is also seen as an indicator of the health of the eurozone economy.

DAX Index Advantage

  • 1

    24-hour trading

    Trading time 24 hours, two-way trading

  • 2

    Large market volatility

    The market is volatile and the profit margin is large.

  • 3

    Funded guarantee

    Third-party deposit of funds, convenient access

  • 4

    Investment entry is low

    The minimum transaction is 0.1 lots, and the investment threshold is low.

  • 5

    Low entry difficulty

    Simple operation, with or without foundation

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