Germany 30 is a CFD product offered by OANDA with the DAX Index as its underlying reference asset.

The DAX is a stock market index of the Frankfurt Stock Exchange in Germany, composed of 40 large-cap companies by market capitalization.

The index is reviewed quarterly and is recognized as one of Europe’s leading stock indices. Originally consisting of 30 companies, the DAX was expanded to 40 constituents in 2021.

Further reading: What are stock market indices? How to invest in them?