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.
AUS200, also known as ASX200, this index tracks the performance of the 200 most valuable and liquid stocks in Australia. It is considered the benchmark index of the Australian stock market. The index was launched in March 2000 and maintained by Standard & Poor’s.
Well-known companies in the AUS200 index include ANZ Banking Group, BHP Billiton, Blackmores, Commonwealth Bank, Macquarie Group, Newcrest Mining, Telstra Corporation and Westpac Banking Corp.
The AUS200 Index CFD is a good way to make long or short investments in the Australian stock market within any time frame. The volatility of the index makes it an ideal tool for traders, while bargain trading provides opportunities for long-term investors. This is also a good way to profit from rising and falling commodity demand.
During the global financial crisis in 2008 and 2009, the AUS200 index fell by more than 55%. Since then, the AUS200 index has been growing steadily, but it has not yet reached the historical high of 6,852. Australia is one of the world’s leading producers of oil and iron ore resources. Therefore, the index is closely related to the global economy, especially China.
At XM, you only need a trading account to trade CFDs on the AUS200 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!