Trade CFD Indices

A Stock Index is a statistical measure of change in a securities market. Let’s take DAX (DE40.c) for instance which is an index containing the 40 major German companies listed on the Frankfurt Stock Exchange. The DAX index represent a small selection of the global stock market while it does not represent the German economy as a whole. Let’s go a stage deeper. BMW, Adidas, Bayer and BASF are all companies included in the DAX index. In effect, investing in the DAX index is a totally different decision than investing in BMW shares alone. If the performance of BMW company rises with 2% at the close of Frankfurt Stock Exchange this will have an effect on DAX index price but the index will not necessarily increase in value. Why? Because for the same trading period, other companies included in this index may not have performed so well.

We will use DAX (DE40.c) as an example. Let’s assume the price of the index is 10,000 points. Assume you decide to buy (long) 1 CFD of the DAX at 10,000 points. The value of the DAX and thus the value of the CFD rises to 10,100 points. Now assume you decide to close your long position at 10,100 points. The difference is +100 points. Since one point equals one euro, you have made a profit of 100 EUR. And vice versa. If the DAX drops to 9,900, you can lose 100 EUR if you close your long position at that lower price.
*Please note that product value weight may change. The examples provided on our website are hypothetical and should not be used as guidance or advice. You can always contact our team if you have a question.

Trading products such as Index-tracking CFDs are commission-free at GBE.
The small '.c' with the dot as symbol ending stands for 'Cash' (e.g. 'DE40.c') and serves as symbol differentiation to our futures products, which are marked with a '.f' (e.g. DE40.f) behind the symbols. The expiration dates of our futures products can be found here or under the tabs 'Products' and 'General Information'.
No. You can open and manage accounts with GBE brokers free of charge. This applies to both live and demo accounts. However, please remember that demo accounts are closed after 21 days of inactivity. If you hold your trading positions overnight, your positions will incur swap fees based on the currency pair or CFDs you trade.
Both platforms are very similar in their basic functions, but there are some differences:
  • different number of time levels and indicators
  • different number of order types
  • different programming languages (MQL4, MQL5)
GBE brokers does not charge any fees or commissions for deposits or withdrawals. Such fees are charged by payment service providers like PayPal, Visa, Neteller etc. Credit card deposits may incur additional fees due to exchange rate differences. These fees are charged by the banks, not by us. For an overview of our deposit and withdrawal methods and the fees involved, please click here.
For further questions, please contact our GBE Team by phone at +971524504186or by e-mail at[email protected].

The below tables include all the CFD Indices pairs we offer

Cash Indices

Symbol Currency Base Description Margin Swap Long Swap Short Spread Trading Hours *
*GMT + 2 hours *
*In regards to Futures Products please read the Expiration Dates. Future Symbols can be identified by the month code and the last two digits of the year (e.g. DE40.M24).
Further information on the specifications of the CFD products can be found in our product specifications.

Overview of other products