Italy 40
Index Trading

The Italy 40 is a financial instrument that is based on the performance of the Italian MIB Future Index. At iFOREX you can trade it with leverage of up to 200:1, potentially opening large deals with a relatively small investment.

Background

The MIB 40 is a leading benchmark stock market index for Borsa Italiana, the Italian national stock exchange. It measures the performance of the 40 most liquid and capitalized Italian shares. Examples include automobile companies such as Fiat, banking corporations such as UniCredit, alcoholic beverage producers such as Campari, media companies such as MediaSet and many others. iFOREX allows you to trade the Italy 40, which is based on the MIB Future Index.

Italy 40 Trading Features

• Leveraged trading of up to 200:1 (where permitted by local regulations).
• Diversification of your portfolio if you choose to expose it to the Italian market.
• Account access from advanced trading platforms, on PC, mobile and tablet.
• Trade in any direction by ‘shorting’ (sell) or ‘longing’ (buy) your position.
   

Trade Example*

Although our CFDs follow the price of the underlying instrument, traders can maximize their trades by using customized leverage.

So for example if you were to invest only €200, your potential purchasing power may be up to 200 times that i.e. €40,000 (where permitted by local regulations).

If the Italy 40 is trading at 13,300 points, then the price of one Italy 40 contract is priced at €13,300 (in this example the spread is not included in the calculations). The use of leverage grants you purchasing power to buy the contract, or even 3 contracts for the purpose of this example, whereas with your initial €200 investment you wouldn’t have been able to purchase even one contract.

As such, if you believe that the Italy 40 is going to rise then it would only be logical to ”Buy” it or to go “Long”.

If the price then increases to 14,000 points (+5.26%) the profit on that trade would be calculated as follows:

* This is not based on live data and is a hypothetical example. Figures do not take into account the spread.

If the Italy 40’s price drops below your opening price, then your potential loss is limited to your initial €200 investment.

It is important to note that trading CFDs involves a certain level of risk, but due to our negative balance protection program you can never lose more than you have invested.

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