CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

SPA35

SPA35 - Indices

Instrument which price is based on quotations of the contract for index reflecting 35 largest Spanish stocks quoted on the Spanish regulated market.
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Past performance or future forecasts does not constitute a reliable indicator of future performance.
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ABOUT INSTRUMENT

Invest in SPA35 CFD

The Spanish Stock Exchange, also known as Bolsa de Madrid, is home to the Spanish benchmark stock market index, known as SPA35 or Ibex 35. The SPA35 is composed of 35 of the largest and most liquid Spanish stocks, representing various sectors of the Spanish economy. It is a price-weighted index, meaning that companies with higher stock prices have a greater impact on the index's value. The index is calculated in real-time and disseminated every minute during the trading day. As with any investment, there are risks associated with investing in the index, including potential losses due to market fluctuations.

One way to invest in the SPA35 is through Contracts for Difference (CFDs), which allow investors to speculate on the price movement of the index without owning the underlying asset. CFDs are a popular derivative product that can be traded on leverage, meaning that investors can amplify potential profits or losses. However, it is important to note that CFDs are a complex financial product and are not suitable for all investors.

The best time to trade the SPA35 index CFD is during its main trading hours, which coincide with the opening hours of the Spanish Stock Exchange. The market opens at 9:00 and closes at 17:30 CET (Central European Time). The busiest trading times are usually during the first hour of trading and the last hour of trading, as traders and investors react to news and economic data releases.

It is interesting to note that the SPA35 has seen significant volatility over the years, particularly during times of economic uncertainty or political instability. For example, during the 2008 financial crisis, the index lost more than half of its value in just over a year. Additionally, in October 2017, the Spanish government's response to Catalonia's bid for independence caused the index to drop significantly in just a few days.

Minimal spread
5
Margin
10%
Leverage
1:10
Commission
-
Market hours
8:00 am - 8:00 pm

Interesting facts

Origins of SPA35: The SPA35 index is Spain's benchmark stock market index, measuring the performance of the 35 most liquid and traded companies listed on the Madrid Stock Exchange.

Financial Global Markets: The index has a significant weight in the global financial markets, with companies listed on the SPA35 representing around 80% of the total market capitalisation of the Spanish stock market.

SPA35's Rich Composition: The Spanish SPA35 index is composed of as many as 35 companies from various business sectors, including banking, telecommunications, energy, and construction.

Past Performance: The index has experienced several historical highs and lows, with its all-time high being 15,945.70 points in November 2007, and its all-time low being 1,629.70 points in March 2020 during the COVID-19 pandemic.

Spain’s Economy Indicator: The SPA35 index is often used by traders and investors as a measure of the Spanish economy's overall health and is closely watched by financial analysts and economists.

Diversification Benefits: As an index, SPA35 offers exposure to a diverse range of industries and sectors represented by the 35 constituent stocks. This inherent diversification can help reduce specific company risk and provide a more balanced investment approach.

Interesting Performance: The SPA35 index has outperformed many other European stock market indices in recent years, making it an attractive option for investors seeking exposure to the Spanish economy.

Trading Hours: The best time to trade the SPA35 index is during its regular trading hours, which are from 8:00 to 16:30 GMT, Monday to Friday. Traders should also keep an eye on any news or events that may affect the index's performance, such as changes in interest rates or political developments in Spain or Europe.

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SPA35 leads gains in March 📈

28 March 2024

Economic calendar: Riskbank decision in investors'...

27 March 2024

BREAKING: CPI in Spain in line with expectations

28 September 2023
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How to trade index CFDs with XTB?

1. Open an account

Complete the form and send relevant documents - all without unnecessary formalities. The opening of an account depends on an appropriateness assessment, verified by a test.

2. Make a deposit

Choose a deposit method convenient for you from a range of available ones, including instant and free payments.

3. Start investing

Choose from 20+ CFD commodities and 5800+ other instruments.

1. Download the app

Visit your mobile store and download our app completely for free

2. Open an account

Complete the form and send relevant documents - all without unnecessary formalities. The opening of an account depends on an appropriateness assessment, verified by a test.

3. Make a deposit and start investing

Choose a deposit method convenient for you from a range of available ones, including instant and free payments

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We are one of the largest stock exchange-listed bokers in the world, regulated by several reputable supervisory authorities. We are also covered by a compensation fund.

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Our support team is ready to help you 24 hours a day, from Monday to Friday.

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FAQ

Do you have any questions?

XTB offers CFDs on indices

The SPA35 Index, also referred to as IBEX 35, is a stock market index that tracks the performance of the largest and most liquid Spanish companies traded on the Madrid Stock Exchange.

 

You can invest in the SPA35 index through various financial instruments such as CFDs, futures, or options. It's important to choose a regulated broker and to have a solid understanding of the risks involved in trading. XTB offers a possibility to invest in the SPA35 index using contracts for difference (CFDs).

 

By investing in the SPA35 Index, investors gain exposure to some of the largest and most influential companies in Spain, and the potential for long-term capital gains as the economy grows and prospers.

 

As with any investment, there are risks associated with investing in the SPA35 Index, including market volatility and political instability in Spain and the broader European Union. Additionally, individual companies in the index may face company-specific risks, such as poor financial performance or regulatory changes.

 

The ideal time to trade the SPA35 Index is during the opening hours of the Madrid Stock Exchange, from 9:00 am to 5:30 pm CET. However, traders should also monitor trading activity in other major financial centres for a better understanding of market trends.

 

The return on investment for the SPA35 Index is dependent on various factors and market conditions. Historically, the index has provided positive returns over the long-term, but this is not a guarantee for future performance.

 

Indices and stocks are not the same thing. An index is a statistical measure of the change in a portfolio of stocks. It is not itself a stock, but rather a composite of the performance of a group of stocks. Stocks, on the other hand, are individual securities that represent ownership in a particular company.

There is no one "best" index for trading. The best index to trade depends on your investment goals, risk tolerance, and other personal factors. Some popular indices for trading include the S&P 500, NASDAQ Composite, and Dow Jones Industrial Average.

It is difficult to rank indices, as different indices are designed to track different types of market segments and have different methodologies. Some of the most well-known indices include: S&P 500, NASDAQ Composite, Dow Jones Industrial Average, FTSE 100, Nikkei 225.

It is possible to trade on FOREX and to trade indices, but they are quite different instruments. FOREX is about trading currencies, while indices represent the performance of a group of stocks. It is not possible to say whether one is "better" than the other, as the choice of which instrument to trade will depend on the individual trader's goals and risk tolerance.
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