Germany 40

The DAX (Deutscher Aktien Index) index, which is also known as the Germany 40 or the GER40, is one of the most popular indices CFDs 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.  

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. 

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.

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

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.