A user has asked: I want to know can I trade in Germany 30 CFD market without being the permanent residence of Germany?
Answer: The good news here is that you do not need to be a resident of Germany to trade the Germany 30 Index (DAX30). There are a quite a few ways to get exposure to the top thirty companies listed on the German stock exchange, all with different types of risk.
We have written a guide on how to trade and invest in the DAX, which covers the risks, rewards and providers lots of information about what the DAX consists of.
You are able to buy shares in companies listed on the DAX with most UK stockbrokers that offer access to German shares.
If you want to buy a tracker fund that follows the performance of the DAX30 there are a few options:
- Vanguard DAX UCITS ETF
- Blackrock iShares MSCI Germany ETF
- DAX Global X DAX Germany ETF
Its important that you do your own research on what ETF account is right for you based on risk and currency exposure.
Or if you just want to speculate or as you say “trade” the DAX30 you can do so through CFDs platforms, futures brokers, or options trading. It’s worth noting that trading on leverage multiplies your risk and is only appropriate for experienced investors.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
