Spain 35 - Cash
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Spain 35 - Cash
The Spain 35 is based on Spain’s benchmark stock market index, comprised of the 35 most liquid stocks traded on the Madrid Stock Exchange, or Bolsa de Madrid. It is a market capitalisation-weighted index, administered and calculated by Bolsas y Mercados Españoles (BME), which oversees Spain’s securities markets. Constituent companies include Banco Sabadell, Inditex, Telefónica, BBVA and Ferrovial, covering a range of industries. The index is expected to act as an indicator for the country’s general economy and performance. Start trading CFDs on Spain 35 - Cash.
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A contract for difference (CFD) is a derivative product which enables you to trade on the price movements of underlying financial assets (such as forex, indices, commodities, shares and treasuries). It's an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time it's closed.
With a CFD, you never actually own the asset or instrument you're trading, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.
Trading CFDs involves trading on leverage, which means that you can enter a position with a set initial deposit, known as the margin requirement. It's important to remember that leverage amplifies your gains and losses in equal measure, based on the full value of the trade, and not just the initial margin amount. Learn more about CFD trading