Trade Ferrari with LHFX

Ferrari N.V. is an Italian luxury sports-car manufacturer founded by Enzo Ferrari in 1947 and spun out of Fiat Chrysler in 2015 and 2016 through a US IPO. It is dual-listed on the NYSE (under RACE) and on the Borsa Italiana in Milan. The company is incorporated in the Netherlands for legal purposes, with operations centred at Maranello, Italy. 2024 full-year revenue was approximately 6.7 billion euros, with adjusted EBITDA of 2.6 billion euros and an operating margin of roughly 28%, higher than any other listed auto manufacturer. Ferrari deliberately constrains supply. Total 2024 deliveries were 13,752 vehicles, up from 13,663 in 2023 and 13,221 in 2022. Average revenue per car was approximately 485,000 euros, with personalisation and exclusive limited-series cars (Daytona SP3, F80, 12Cilindri Spider) lifting that average well above the entry Roma price point. Personalisation revenue alone runs at roughly 19% of car and spare-parts revenue. Ferrari announced the unveil of its first fully electric vehicle (the Ferrari Elettrica) for October 2025, with first deliveries in 2026. The combustion-engine roadmap continues alongside, with the company guiding to roughly 40% internal-combustion, 40% hybrid, and 20% electric mix by 2030. At LHFX you trade RACE as a CFD on the NYSE listing, not by buying the share. You profit or lose based on RACE share-price movement, and you can go long or short. Settlement is in USD. Ferrari pays an annual dividend (typically paid in late April), recently around 2.44 euros per share, a yield of approximately 0.5 to 1% depending on the share price. Dividend adjustments on the ex-dividend date are passed through to CFD positions. Maximum leverage on RACE CFDs at LHFX is 1:20. Trading hours are US cash-equity hours, 14:30 to 21:00 UTC Monday to Friday. Commission is $3 per side on raw spreads. RACE trades on a forward P/E of roughly 45 to 55, more in line with luxury-goods companies (Hermes, LVMH) than with auto manufacturers. CFDs let you take a directional view on the luxury-auto exposure with defined margin and the ability to short.

Open an LHFX account and fund it. Minimum deposit is $10. Card and crypto deposits settle in around 20 minutes. Open MetaTrader 5 or the LHFX Trade web platform and add RACE to Market Watch. Trading hours are 14:30 to 21:00 UTC Monday to Friday. Spreads are raw with a commission of $3 per side per standard lot (100 shares), so a 1.00 lot round trip costs $6 plus the natural spread and smaller positions pay proportionally less. Size your position to your account, not to the 1:20 cap. RACE is one of the lower-volatility large-cap auto names. Daily 1 to 2% moves are typical, earnings days produce 3 to 6% moves, and major product unveils can drive 4 to 8% moves. A reasonable starting position is one where a 6% adverse RACE move costs no more than 2 to 3% of your account. Set a stop loss before entry. RACE gaps on luxury-sector commentary from LVMH or Hermes earnings, especially around Chinese-demand statements. Use limit orders around Ferrari quarterly earnings (typically early February, early May, early August, late October) and ahead of major product unveils. Note currency exposure. RACE earnings are reported in euros and the dividend is declared in euros, but the NYSE share price is quoted in USD. Large EUR/USD moves can produce intra-day RACE moves driven by arbitrage with the Milan listing rather than by fundamentals. Worked example. On a $1,000 account at a $480 RACE price, opening 1 share of RACE CFD requires $24 margin at 1:20 leverage (1 share x $480 / 20). A 6% adverse move on that 1 share costs $29, or 2.9% of your account. If you instead opened 2 shares ($48 margin), the same 6% move costs $58, or 5.8% of the account. Run the math on every entry before clicking buy.