CFDs are financial derivatives. Traders can easily trade various asset classes (including foreign exchange, stocks, commodities, and stock indices) price changes will produce long and short positions.
EUSTX50, also known as the European Stoxx 50 Index, is a stock index that tracks the performance of the top 50 stocks in the Eurozone by market value. It was formulated by Deutsche Börse and launched in 1988.
Well-known companies in the EUSTX50 index include Adidas, Airbus, Santander, Deutsche Telekom, Nokia, Philips, Unilever and Volkswagen.
The EUSTX50 Index CFD is a good way to go long or short the European stock market in any time frame. The index’s volatility is not as high as DAX, so it may be a better choice for traders who are new to index CFD trading.
The EUSTX50 index has risen 90% since its lowest level in 2009. It has been falling recently due to concerns about the European economy, resistance in emerging markets, and the uncertainty of Britain’s exit from the euro zone. The index also includes cyclical stocks. Expand volatility.
At XM, you only need a trading account to trade CFDs on the EUSTX50 index and other products around the world. In addition, XM also provides customers with the MT4 platform, which is recognized as the most advanced trading platform in the world. Registration is very easy, and you can start trading in just a few minutes.
Please check XM official website or contact the customer support with regard to the latest information and more accurate details.
XM official website is here.
Please click "Introduction of XM", if you want to know the details and the company information of XM.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!