Skip to main content

Zero commission fees for trading any crypto CFD

  • 0% commission fee
  • 0% swap for overnight positions
  • 0% commission for deposits
  • Tight spreads apply.

62.2% of retail investor accounts lose money

Available for retail clients on the Libertex Trading Platform

0% commission fee for any crypto CFD

DAX (FDAX)

DAX (derived from the German Deutscher Aktienindex) is Germany's key stock index and one of the most influential indices in Europe. It represents almost 80% of the market capitalisation of all companies registered on the Frankfurt Stock Exchange.

The index is calculated based on the average market-cap-weighted value of the share prices of Germany's biggest 40 public companies listed on the Frankfurt Stock Exchange. The index also takes into account income received in the form of the shares' dividends, assuming that these dividends are reinvested. As such, the index reflects the total income on capital and thus indirectly measures the overall growth of the German economy.

The index first went public on 1 July 1988 with a valuation of 1000 points. The DAX is calculated by Deutsche Börse AG.

The DAX index includes the shares of the following companies:
Adidas AG
Allianz SE
BASF SE
Bayer AG
Beiersdorf AG
BMW AG
Commerzbank
Continental AG
Daimler AG
Deutsche Bank
Deutsche Börse AG
Deutsche Lufthansa AG
Deutsche Post AG
Deutsche Telekom AG
E.ON SE
Fresenius Medical Care
Fresenius AG
HeidelbergCement AG
Henkel
Infineon Technologies AG
Linde AG
Merck KGaA
Munich Re
ProSiebenSat.1 Media
RWE
SAP SE
Siemens AG
ThyssenKrupp AG
Volkswagen Group
Vonovia

The following companies are also part of the DAX as of 20/09/2021:
Airbus SE
Zalando SE
Siemens Healthineers AG
Symrise AG
HelloFresh SE
Sartorius AG Vz
Porsche Automobil Holding
Brenntag SE
Puma SE
Qiagen N.V.

Trading opportunities

The DAX is a high liquidity instrument that's strongly correlated with other European stock indices. It's often characterised by long-lasting trends, making it a perfect fit for patient investors. Moreover, the DAX has a strong impact on the fortunes of the single European currency, the Euro.

Over the first half of 2021, the index rose 11.8%, with an average intra-day volatility of 1.2%.

How to trade the DAX
 
You can trade the DAX through a broker or a trading platform, such as MetaTrader or Libertex. Trading on these platforms could be convenient, and leverage can be used.