You have asked for it, so here we go: trade the DAX index CFD (GDAXI), micro lot by micro-lot, on MT4 (0.01 increments, as opposed to currently 0.1).
What has changed
Internally we’ve had to apply some small changes you’ll see reflected on the MT4 specifications of the GDAXI asset (see image below).
At the user level the only change is that from now on, you’ll be able to open 0.01 contacts of GDAXI as opposed to the 0.1 minimum size before.
When you now open 0.1 contracts of GDAXI in your MT4 terminal, commissions, swaps, margin, etc. will be exactly the same as before with the advantage that you’ll also be able to open 0.01 contracts and its multiples (0.02, 0.03, etc.)
Next steps on this front
We’re working on lowering the minimum size to micro contracts also for the rest of the indices that are part of our offering. Stay tuned!
What do you think about being able to trade micro contacts of the DAX index? Please share your comments, feedback and questions in the comments section, on the community forum or at email@example.com.
And if you’re wondering about the difference between the DAX CFD and the DAX future, check out this video to know more about how index CFDs work.