Trade Volkswagen with LHFX

Volkswagen preferred shares (VOWG_p) represent the non-voting share class of Volkswagen AG, the German automotive group headquartered in Wolfsburg and listed on the Frankfurt Xetra exchange. Volkswagen has two listed share classes: ordinary voting shares (VOW) and preferred non-voting shares (VOW3 or VOWG_p), with the preferred class historically the more liquid of the two and the one used in most institutional benchmarks including the DAX 40. The Volkswagen Group is the world's second-largest automaker by 2024 unit sales, behind Toyota, with around 9 million vehicles delivered. The group owns a portfolio of brands across passenger cars (Volkswagen, Audi, Skoda, SEAT, Cupra, Bentley, Bugatti, Lamborghini, Porsche AG through a 75% stake in Porsche Automobil Holding's stake), commercial vehicles (Volkswagen Commercial Vehicles, MAN, Scania, Navistar), and motorcycles (Ducati). 2024 group revenue was near 325 billion euros with operating result around 19 billion euros. China is the structurally important market: around 32% of 2024 group deliveries went to Greater China through joint ventures with SAIC and FAW. The group has faced sustained market-share pressure in China from local EV brands (BYD, NIO, Li Auto, Xpeng) and announced multi-year cost reduction programmes across German plants in 2024-2025, including the first proposed German plant closures in the group's history. At LHFX you trade Volkswagen preferred as a CFD on VOWG_p, not as a shareholder. You profit or lose based on the Xetra-quoted EUR price moving in or against your position, and you can go long or short. You never receive the underlying share, voting rights, or cash dividends, but your account is credited or debited a dividend adjustment when VOWG_p trades ex-dividend so economic exposure stays equivalent. The preferred share carries a small dividend premium over the ordinary share. Maximum leverage is 1:20 and trading hours follow Xetra, roughly 03:00 to 11:30 ET, Monday to Friday.

Open an LHFX account, fund it (minimum 10 USD), and add VOWG_p to your MetaTrader 5 Market Watch. The symbol is denominated in EUR; P&L converts to your account base currency at end of day. Spreads on VOWG_p are raw, with a flat 3 USD per side commission. Maximum leverage is 1:20, so a 1,000 EUR position requires 50 EUR of margin. Worked example. With Volkswagen preferred quoted around 90 EUR, opening 5 share equivalents of long VOWG_p at 1:20 leverage requires roughly 22.50 EUR in margin (450 / 20). A 5% adverse move costs 22.50 EUR, which is 100% of the margin posted. Scale to 20 share equivalents and you are at 90 EUR margin against a 90 EUR loss on a 5% drop. VOWG_p typically trades in a 2 to 3% daily range, with restructuring-news or China-data days producing 5 to 8% single-day moves. Set a stop loss before entry. The biggest single-session catalysts are quarterly earnings, monthly Chinese passenger vehicle association data, German labour-negotiation milestones, and EU-China tariff news. Capital markets days produce smaller but binary moves. Xetra closes at 11:30 ET. Overnight swap is charged on notional exposure and updates inside MT5 symbol specifications.