DAX 30 Spread Betting

Where Can I Get Live Spread Betting Prices and Charts for the DAX 30?

The simple chart above provides you with a useful view of the market.

But, for those investors that are trading the DAX 30, the companies mentioned above offer real-time price updates and more customisable charts.

Typical financial spread betting chart from FinancialSpreads:

Where to Spread Bet on German Shares?

Shares
FTSE 100 Shares
FTSE 250 Shares
Wall Street Shares
S&P 500 Shares
NASDAQ 100 Shares
DAX 30 Shares
CAC 40 Shares
Irish Shares
Other Shares

The above spread betting markets may also be available with other companies. Also see financial spread betting comparison notes.

What Currencies Can I Spread Bet In?

You don’t have to trade German market in euros if you don’t want to.

The above firms let you spread bet on any of the markets they offer, including German shares, in either pounds, euros or dollars, e.g. £1 per point, $2 per point, €3 per point etc.

DAX 30 Spread Betting Example

If you are thinking about spread betting on an index like the DAX 30 then, on visiting a website like IG, you would currently see a quote of 9790.8 – 9791.8.

That means you could speculate on the DAX 30 to go higher than 9791.8 or to go lower than 9790.8.

With spread betting, investors trade on every unit the market increases or decreases. With the DAX 30 market a unit is 1 point of the stock market index’s price movement.

Let’s say, for this example, you want to trade £3 for every point the DAX 30 rises or falls.

Buying – Spread Betting on the Market to Go Up

If you were to go long of the DAX 30 at 9791.8 and the stock market index went up then the quote could become 9844.7 – 9845.7. If that happened, you might choose to close your bet for a profit by selling at 9844.7.

Your Profit/Loss = (final value of the market – initial value of the market) x stake per point
Your Profit/Loss = (9844.7 – 9791.8) x £3 per point stake
Your Profit/Loss = 52.9 points x £3 per point
Your Profit/Loss = £158.70 profit

However, if the stock market index had moved down to, for example, 9742.8 – 9743.8, you may want to close your trade to limit your losses. Assuming this was the case, you’d place a sell trade at 9742.8.

With the same £3 per point stake:

Your Profit/Loss = (final value of the market – initial value of the market) x stake per point
Your Profit/Loss = (9742.8 – 9791.8) x £3 per point stake
Your Profit/Loss = -49.0 points x £3 per point
Your Profit/Loss = -£147.00 loss

Selling – Spread Betting on the Market to Go Down

A key feature of financial spread betting is that you can sell the markets.

When we began this example, the market was priced at 9790.8 – 9791.8.

If you shorted the DAX 30 at 9790.8 and the stock market index fell then the quote might be re-priced at 9742.2 – 9743.2. If this were the case, you might choose to close your position for a profit at 9743.2.

Your Profit/Loss = (initial value of the market – final value of the market) x stake per point
Your Profit/Loss = (9790.8 – 9743.2) x £3 per point stake
Your Profit/Loss = 47.6 points x £3 per point
Your Profit/Loss = £142.80 profit

However, if the stock market index had increased to, as an example, 9833.9 – 9834.9, you may want to close your bet to restrict your losses. In that case, you would buy the market at 9834.9.

You would do this with the same £3 per point stake:

Your Profit/Loss = (initial value of the market – final value of the market) x stake per point
Your Profit/Loss = (9790.8 – 9834.9) x £3 per point stake
Your Profit/Loss = -44.1 points x £3 per point
Your Profit/Loss = -£132.30 loss


DAX 30 Rolling Daily spread betting prices taken as of 11-Jul-16.

One thing to note is that this is a rolling daily spread bet. This kind of trade doesn’t have a fixed closing date and will rollover to the next session. If it does rollover, then you may receive a small credit or incur a small financing cost. Also see rolling daily spread betting markets.

How to Spread Bet on German Shares

Lufthansa Spread Betting Example

If you are thinking about spread betting on equities like Lufthansa then, looking at a firm like IG, at the time of writing you’d see a quote of €13.34 – €13.37.

As a result, you can speculate on Lufthansa to go above €13.37 or go below €13.34.

With spread betting, investors trade on every unit the market increases or decreases; for the Lufthansa market a unit is €0.01 of the stock’s price movement.

Let’s say, for instance, that you decide to stake £5 for every cent Lufthansa moves up or down.

Spread Betting on the Market to Go Up

If you were to buy Lufthansa at €13.37 and the stock increased then the quote might change to €13.64 – €13.67. Therefore, you could close your position at €13.64.

Your Profit/Loss = (final price of the market – initial price of the market) x stake per cent
Your Profit/Loss = (€13.64 – €13.37) x £5 per cent stake
Your Profit/Loss = €0.27 x £5 per cent
Your Profit/Loss = £135 profit

However, if the stock were to fall to, for example, €13.08 – €13.11, you could close your bet to limit your losses. If that were to happen, you would make a sell trade at €13.08.

With the same £5 per cent stake:

Your Profit/Loss = (final price of the market – initial price of the market) x stake per cent
Your Profit/Loss = (€13.08 – €13.37) x £5 per cent stake
Your Profit/Loss = -€0.29 x £5 per cent
Your Profit/Loss = -£145 loss

Spread Betting on the Market to Go Down

One of the benefits of spread betting is that investors can short the markets.

At the beginning of this example, the price was €13.34 – €13.37.

If you sold Lufthansa at €13.34 and the stock went down then the market might be re-priced at €13.08 – €13.11. Assuming this was the case, you might choose to close your position for a profit at €13.11.

Your Profit/Loss = (initial price of the market – final price of the market) x stake per cent
Your Profit/Loss = (€13.34 – €13.11) x £5 per cent stake
Your Profit/Loss = €0.23 x £5 per cent
Your Profit/Loss = £115 profit

Markets can also rise, if the stock had risen to €13.56 – €13.59, you may decide to close your position to restrict your losses. If so, you’d buy at €13.59.

You would close your bet with the same £5 per cent stake:

Your Profit/Loss = (initial price of the market – final price of the market) x stake per cent
Your Profit/Loss = (€13.34 – €13.59) x £5 per cent stake
Your Profit/Loss = -€0.25 x £5 per cent
Your Profit/Loss = -£125 loss


Lufthansa Rolling Daily market taken as of 28-Aug-14.

This is a ‘Rolling Daily’ trade. This style of trade does not have a preset closing date and instead rolls over to the next trading day automatically. When a market rolls over you may be charged a small overnight financing fee or receive a small credit. For more details, see rolling daily spread trading markets.

DAX 30 Practice Accounts

The following companies also have practice accounts. You can use these to have a go at trading the DAX 30 without risking any capital.

• Financial Spreads
• InterTrader

User Questions and Answers on the DAX 30