• Home
  • Partners
  • Help and support
  • English
Pepperstone logo
Pepperstone logo
  • Ways to trade
    • Trading accounts

      Choose from two account types depending on your strategy

    • Premium clients

      Exclusive rewards and bespoke benefits for high-vol traders

    • Pricing

      Discover our tight spreads, plus all other possble fees

    • Active trader program
    • Refer a friend
    • Trading hours
    • 24-hour trading
    • Maintenance
    • Risk management
  • Markets
    • Forex

      Get great rates on majors like EUR/USD, plus minors and exotics

    • Indices

      Enjoy 24-hour pricing on the UK100, US30 and more

    • Commodities

      Trade on metals, energies & softs, with oil spreads from 2 cents

    • Shares
    • ETFs
    • Currency indices
    • Dividends for index CFDs
    • Dividends for share CFDs
    • CFD forwards
  • Trading platforms
    • TradingView

      Trade through the world-famous supercharts with great pricing

    • MetaTrader 5

      Explore the apex in trading automation with our execution tech

    • The Pepperstone platform
    • MetaTrader4
    • CopyTrading
    • cTrader
    • Trading tools
  • Market analysis
    • Navigating markets

      Latest news and analysis from our experts

    • The Daily Fix

      Your regular round-up of key events

  • About us
    • Who we are

      Pepperstone was born from the dream of making trading better

    • Company news
    • Company awards
    • Protecting clients online
    • Trading accounts

      Choose from two account types depending on your strategy

    • Premium clients

      Exclusive rewards and bespoke benefits for high-vol traders

    • Pricing

      Discover our tight spreads, plus all other possble fees

    • Active trader program
    • Refer a friend
    • Trading hours
    • 24-hour trading
    • Maintenance
    • Risk management
    • Forex

      Get great rates on majors like EUR/USD, plus minors and exotics

    • Indices

      Enjoy 24-hour pricing on the UK100, US30 and more

    • Commodities

      Trade on metals, energies & softs, with oil spreads from 2 cents

    • Shares
    • ETFs
    • Currency indices
    • Dividends for index CFDs
    • Dividends for share CFDs
    • CFD forwards
    • TradingView

      Trade through the world-famous supercharts with great pricing

    • MetaTrader 5

      Explore the apex in trading automation with our execution tech

    • The Pepperstone platform
    • MetaTrader4
    • CopyTrading
    • cTrader
    • Trading tools
    • Navigating markets

      Latest news and analysis from our experts

    • The Daily Fix

      Your regular round-up of key events

    • Who we are

      Pepperstone was born from the dream of making trading better

    • Company news
    • Company awards
    • Protecting clients online
Share

Germany 40

Razor sharp pricing, from multiple Tier 1 Banks, with competitive fixed spreads from as low as 1 point on GER40 and no commissions*. Top tier liquidity, so you can get your commodities trades filled in full with no partial execution or requotes 99.62% fill rates^. Trade the opportunity, 24h pricing on GER40 from Sunday night to Friday night. Start trading GER30 CFDs.

Why is GER40 trading so popular?

Pepperstone offers access to the most popular German Share CFDs on the MetaTrader 5 platform. Trade thematics, momentum and price action of Germany's largest companies including Deutsche Bank, BMW, Allianz and SAP.

Why invest in the GER40?
What causes GER40 price movements?
Who trades the GER40?

Instrument specification

Trading details
Trading hours (GMT +3)
Related markets

Ready to trade?

It's quick and easy to get started. Apply in minutes with our simple application process.

Get started

FAQs

What is the GER40 index?

The DAX (Deutscher Aktien Index) index, which is also known as the Germany 40 or the GER40, is one of the most popular indices in the world. It features 40 of the major German companies trading on the Frankfurt Stock Exchange (Deutsche Börse), including the Adidas Group, BMW, Allianz and many more household names.

An electronic trading system, Xetra, provides the prices used to calculate the DAX index. The DAX is a Free-Float Adjusted Market-Cap Weighted Index.  

When does the GER40 open and close?

The GER40 or the DAX index opens at 8am and closes at 4.30pm (GMT), Monday-Friday. 

Out-of-hours-prices are also calculated by the  Deutsche Börse, which are  4.30pm-9pm (GMT) for late trade and 7am-8am (GMT) for early trade. 

What moves the GER40 index price?

The Germany 40 is influenced by a number of factors relating to Germany's economic performance, including news on the European Union, economic data releases, euro exchange rate fluctuations and earnings reports from companies within the GER40.

Use our economic calendar to prepare for key events and find out about their impact here. If you'd prefer to receive daily updates by email, sign up to the Daily Fix, provided by our Global Head of Research.

What other indices do you offer?

You can trade on the movement of 14 major stock markets around the world including US, Europe, Australia, and Asian indices, without commission. You can find a full list here. 

How can I start trading the GER40 with Pepperstone?

Start trading the GER40 Index today by following these simple steps:

  1. If you're not already a Pepperstone client, open an account here. 
  2. Complete our short application form and fund your account. 
  3. Connect on your preferred trading platform (MT4, MT5 or cTrader).
  4. Select 'GER40' and place your trade. 

^99.62%. Fill rates are based on all trades data between 01/07/2024 and 30/09/2024

*All spreads are generated from data between 01/07/2024 and 31/07/2024

* Other fees and charges may apply, see our PDS for more details

Other sites

  • The Trade Off
  • Partners
  • Group
  • Careers

Ways to trade

  • Pricing
  • Trading Accounts
  • Premium Clients
  • Active trader program
  • Refer a friend
  • Trading hours

Platforms

  • Trading Platforms
  • Trading tools

Markets and Symbols

  • Forex
  • Shares
  • ETFs
  • Indices
  • Commodities
  • Currency indices
  • CFD Forwards

Analysis

  • Navigating Markets
  • The Daily Fix
  • Meet our Analysts

Learn to Trade

  • Trading Guides
  • Videos
  • Webinars
Pepperstone logo
support@pepperstone.com
+254203893547
The Oval | Ring Road Parklands
P.O.Box 2905-00606 | Nairobi, Kenya
  • Legal documents
  • Privacy policy
  • Website terms and conditions
  • Cookie policy
  • Sitemap

Risk Warning:

Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Please read our PSF, RDN and other legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.

The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Pepperstone Markets Kenya Limited 2nd Floor, The Oval, Ring Road Parklands, PO Box 2905-00606 Nairobi, Kenya is licensed and regulated by the Capital Markets Authority.

© 2025 Pepperstone Markets Kenya Limited | Company No.PVT-PJU7Q8K | CMA License No.128