MDAX Spread Betting
Where Can I Spread Bet on the MDAX? |
At the moment, you are able to financial spread bet commission free and with no brokers' fees on the MDAX, and a wide array of related spread betting markets, through firms like:
Advert:
MDAX Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the MDAX with
Financial Spreads.
|
Where Can I Spread Bet on the MDAX for Free? |
Speculating does involve risks. However, if you want to try a Demo Account (free), which lets you try spread trading on a wide range of markets, then see below for more details.
When thinking about which trading option is right for you, also remember that, in the UK, spread trading is currently free of tax*.
If you want to try a free spread betting website then keep in mind that investors are able to take a view on the MDAX without paying any commissions at:
If you want a free Test Account / Demo Account to try out financial spread betting, including trading markets like EUR/GBP, gold and the MDAX, then you could always have a look at:
Each of the above spread trading firms offer a free Practice Account that investors can use to test new strategies, practice with trading orders and study professional charts, including line and candlestick charts.
Where Can I Find Live Spread Betting Prices and Charts for the MDAX? |
The following CFDs chart and prices gives you a valuable guide to the MDAX index market.
The chart above is from Plus 500 and usually tracks the near-term MDAX futures contract (not the spot market).
To study spread betting charts and prices for the MDAX, you could use a financial spread betting account.
Also, a spreads account will give you access to shorter term daily prices. Please note that all accounts are normally dependent on status, suitability and credit checks.
If your account application is approved, you will be able to log in and make use of the real time trading charts/prices. These are normally provided as part of the service, however, you will probably get the occasional sales letter and/or call from the financial spread betting broker.
If you do decide to trade then, before you start, remember that financial spread betting and contracts for difference do involve a significant level of risk and losses can exceed your initial investment.
Advanced Charts for the MDAX |
Whilst the charting packages normally differ between firms, in order to help your trading analysis, the charts usually have handy features and tools such as:
- A broad variety of time intervals, for example, 1 minute, 1 hour, 1 month etc.
- Various display options, for example, candle and OHLC charts
- Drawing options and tools, for example, Fibonacci Time Zones, Arcs and Fans
The charts provided by FinancialSpreads also include advanced features like:
- Custom Indicators and Back Testing tools
- Helpful overlays, for example, Bollinger Bands, Parabolic SAR, Chande Kroll Stop etc.
- A choice of secondary charts, for example, ADX, Relative Volatility Index, Aroon etc.
- Custom alerts for when the markets hit a specific price
Sample index trading chart
The spread betting companies in the following list give users access to real time charts and prices:
How to Spread Bet on the MDAX? |
As with a wide variety of markets, an investor can place a spread bet on indices, such as the MDAX, to rise or fall.
Looking at a financial spread betting website like InterTrader, you can see they are showing the MDAX December Futures market at 10999 - 11029. This means an investor can spread bet on the MDAX market:
Finishing above 11029, or
Finishing below 10999
On the expiry date for this 'December' market, 21-Dec-12.
Whilst financial spread trading on the MDAX index you trade in £x per point. Therefore, should you decide to invest £4 per point and the MDAX moves 22 points then that would make a difference to your profit/loss of £88. £4 per point x 22 points = £88.
For short term trading on stock market indices also see Stock Market Indices Rolling Daily Spread Betting.
MDAX Futures - Indices Spread Betting Example |
If you think about the above spread of 10999 - 11029 and assume that:
- You've done your analysis of the stock market index, and
- Your research suggests that the MDAX index will close higher than 11029 by 21-Dec-12
Then you may decide that you want to go long of the market at 11029 and risk £2 per point.
With such a bet you make a profit of £2 for every point that the MDAX index rises above 11029. On the other hand, such a bet also means you will lose £2 for every point that the MDAX market falls below 11029.
Put another way, should you ‘Buy’ a spread bet then your profit/loss is worked out by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.
With that in mind, if, on the closing date, the MDAX closed higher at 11093, then:
Profits (or losses) = (Settlement Price - Opening Price) x stake
Profits (or losses) = (11093 - 11029) x £2 per point stake
Profits (or losses) = 64 x £2 per point stake
Profits (or losses) = £128 profit
Trading indices, whether by spread betting or not, can work against you. With this example, you had bet that the index would go up. Nevertheless, the index can also fall.
If the MDAX had fallen and settled at 10960, then you would end up making a loss on this market.
Profits (or losses) = (Settlement Price - Opening Price) x stake
Profits (or losses) = (10960 - 11029) x £2 per point stake
Profits (or losses) = -69 x £2 per point stake
Profits (or losses) = -£138 loss
Note - MDAX December Futures index market correct as of 26-Sep-12.
Advert:
MDAX Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the MDAX with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'MDAX Spread Betting' by DB, updated 22-Apr-13
For related pages also see:
Indices Spread Betting, updated 17-May-13
Stock market index spread betting guide with live indices prices and charts. Plus a daily stock market review, indices spread betting comparison, where to trade indices commission-free and tax-free* as well as...read article: Indices Spread Betting.
Stock Market Trading, updated 16-May-13
Compare Indices spreads. Free indices trading information, where to find free Indices charts and prices, how to buy and sell Indices and...read article: Stock Market Trading.
Stock Market Index Spread Betting Guides, updated 26-Apr-13
Over 35 individual Stock Market Index spread betting guides for the FTSE 100, Dow Jones, DAX, NASDAQ, Nikkei etc. Each guide looks at live charts and prices, where you can trade the Index commission-free, a fully worked example and...read article: Stock Market Index Spread Betting Guides.
FTSE 100 Spread Betting, updated 17-May-13
FTSE 100 spread betting guide with live FTSE 100 index prices and charts. Plus a FTSE 100 spread betting price comparison, where to spread bet on the FTSE 100 commission-free and tax-free* as well as...read article: FTSE 100 Spread Betting.
Dow Jones Spread Betting, updated 17-May-13
Dow Jones spread betting guide with live Dow Jones index prices and charts. Plus a Dow Jones spread betting price comparison, where to spread bet on the Dow Jones commission-free and tax-free* as well as...read article: Dow Jones Spread Betting.
DAX 30 Spread Betting, updated 17-May-13
DAX 30 spread betting guide with live DAX 30 index prices and charts. Plus a DAX 30 spread betting price comparison, where to spread bet on the DAX 30 commission-free and tax-free* as well as...read article: DAX 30 Spread Betting.
S&P 500 Spread Betting, updated 17-May-13
S&P 500 spread betting guide with live S&P 500 index prices and charts. Plus a S&P 500 spread betting price comparison, where to spread bet on the S&P 500 commission-free and tax-free* as well as...read article: S&P 500 Spread Betting.
NASDAQ 100 Spread Betting, updated 17-May-13
NASDAQ 100 spread betting guide with live NASDAQ 100 index prices and charts. Plus a NASDAQ 100 spread betting price comparison, where to spread bet on the NASDAQ 100 commission-free and tax-free* as well as...read article: NASDAQ 100 Spread Betting.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|