Compare Brokers For Trading DAX 30

For our trading dax 30 comparison, we found 21 brokers that are suitable and accept traders from United States of America.

We found 21 broker accounts (out of 147) that are suitable for Trading DAX 30.

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IG

Spreads From

DAX30 1.0 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About IG

  • Regulated by: Financial Conduct Authority and ASIC.
  • Used by 195,000+ traders.
  • Established in 1974 HQ in UK.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

74% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Read our in-depth IG review

Account type
EUR/USD Spread From
Commission
Execution
Min. Deposit
CFD
0.6
Fixed Spreads
Yes on share CFDs
STP
$250
Spread Betting
0.6
Fixed Spreads
None
STP
$250
Share Dealing
None
Fixed Spreads
£5
DMA
$250
Forex.com

Spreads From

DAX30 N/A points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About Forex.com

  • Regulated by: Financial Conduct Authority.
  • Established in 1999 HQ in United States.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

70% of retail investor accounts lose money when trading CFDs with this provider

Read our in-depth Forex.com review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

How To Trade The DAX Index

As with most indices, although, it is not possible to trade the index directly, the DAX can be traded by a varied of methods, these include the use of Options, Futures and Contracts for Difference (CFDs)w.

A CFD is an instrument of trade that follows the movement of the asset it monitors (in this case, the DAX Index) and it represents the difference between when a contract is entered and exited.

The advantages of trading the DAX as a CFD include the ability to use leverage as it has a lower margin of requirement than other trading methods, the larger variety of trading options, lower trading costs and global market access from the same platform.

For example, clients of the popular CFD broker Plus500 are given leverage up to 1:300 for trading DAX, this means that a trader would only require £1,000 to open a £300,000 positon. This has the potential to amplify any successful trades however, it is important to remember leverage can work both ways and magnify gains and losses.

What Is The DAX Index?

The DAX (an abbreviation of Deutscher Aktienindex) is a stock market index made up of 30 major German companies traded on the Frankfurt Stock Exchange – the largest of Germany’s stock exchanges and among the largest trading platforms for securities on the planet.

The DAX index components make up close to three-quarters of the market capitalization on the Frankfurt Stock Exchange1 and it was founded on the 1st of July, 1988 and is operated by the Deutsche Börse, a financial services company which serves as both a marketplace provider and financial services provider

The DAX serves as a counterpart to the UK’s FTSE 100 and the American Dow Jones Industrial Index and as it measures the performance of the 30 largest companies on the Frankfurt Stock Exchange, it serves a good indicator of the health of the German economy and the trend of investor sentiment.

The components of the DAX index, as previously mentioned, are the 30 largest companies on the market that are publically traded.

The board of the Deutsche Börse meet every quarter based on Fast Entry and Fast Exit rules, and every September based on Regular Entry and Regular Entry rules, in order to determine of companies should be added to the DAX index, or dropped from the index.

Companies to be added to the DAX index must meet the following requirements: they must be listed on the Prime Standard for at least 3 years prior to inclusion, 10% minimum free float and must have their legal or operating headquarters in Germany.

Foreign companies must have a registered office in Germany as well as have focus of trade on Xetra.

Potential components are assessed based on their free float market capitalisation, and order book volume in comparison to existing DAX Index components, availability of early opening prices and turnover.

Current constituents of the DAX Index:

  • Adidas
  • Allianz
  • BASF
  • Bayer
  • Beiersdorf
  • BMW
  • Commerzbank
  • Continental
  • Daimler
  • Deutsche Bank
  • Deutsche Börse
  • Deutsche Lufthansa
  • Deutsche Post
  • Deutsche Telekom
  • E.ON
  • Fresenius
  • Fresenius Medical Care
  • Heidelberg
  • Henkel
  • Infineon Technologies
  • K+S
  • Linde
  • Merck
  • Munich
  • RWE
  • SAP
  • Siemens
  • ThyssenKrupp
  • Volkswagen Group
  • Vonovia4

The top 5 performing stocks on the DAX index as at 11th of March, 2017 include:

1. Commerzbank AG
With a price of 8.29 and an increase of 5.83% over the previous day

2. Deutsche Bank
With a price of 18.26 and an increase of 2.13%

3. Deutsche Börse
With a price of 80.08, an increase of 1.32%

4. Merck
With a price of 101.10 an increase of 1.10%

5. Bayer
With a price of 106.75, an increase of 0.85%5

How Is The DAX Index Calculated

The DAX is a capitalisation weighted index and the prices used in the calculation are taken from Xetra, an electronic trading system invented in Frankfurt, Germany.

Index weightings, as well as trading volume, are calculated using free float methodology, for detailed guide on how the DAX is caluculated, download the PDF here.

Summary

In summary, trading the DAX with a CFD offers traders the ability utilise short selling and leverage into their trading strategy.

Why Choose IG
For Trading DAX 30?

IG scored best in our review of the top brokers for trading dax 30, which takes into account 120+ factors across eight categories. Here are some areas where IG scored highly in:

  • 44+ years in business
  • Offers 10,000+ instruments
  • A range of platform inc. MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.60pips
  • Used by 195,000+ traders.
  • Offers demo account
  • 4 languages

IG offers four ways to tradeForex, CFDs, Spread Betting, Share dealing. If you wanted to trade DAX30

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

IG have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority and ASIC, segregating client funds, being segregating client funds, being established for over 44

Trust Score comparison

IG Forex.com
Trust Score AAA AAA
Established in 1974 1999
Regulated by Financial Conduct Authority and ASIC Financial Conduct Authority
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of IG vs. Forex.com


Want to see how IG stacks up against Forex.com? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
IG Forex.com
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.60 1.00
GBP/USD Spread 0.9 0.9
DAX Spread 1.0 250.0
FTSE 100 Spread 1.0 150.0
S&P500 Spread 0.4 50.0

Comparison of account & trading features

IG Forex.com
Platform MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
Services Forex, CFDs, Spread Betting, Share dealing Forex
Base currency options USD, GBP, EUR, CHF, JPY, SGD, AUD USD, GBP, EUR
Funding options Payoneer, Credit cards, Bank transfer, PayPal, MasterCard, BPAY, DebitCard, Bank transfer, Cheque, DebitCard,
Micro account
ECN account

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.