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.
The FRA40 index is also called the French Cac40. Also known as Cac Quarante, or Cac for short. It is the largest stock index in Paris. It includes the 40 largest companies in France, weighted by market value. The FRA40 index includes well-known companies such as Airbus, BNP Paribas, Carrefour, L’Oréal, Pernod Ricard, Renault and Total.
Whether you are investing in the French stock market for a long time or you want to trade with the market’s ups and downs in the short term, the CAC40 Index CFD is one of the easiest methods.
Since 2008, the FRA40 index has been more volatile than many other indexes. As traders’ concerns about the European economy intensified, the FRA40 index in 2011 fell to its 2008 low.
The United Kingdom is France’s main trading partner, so it is also negatively affected by the Brexit referendum. However, in the past ten years, it has grown by 120%.
At XM, you only need a trading account to trade CFDs on the FRA40 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!