Parameters 
Data 
Minimum Margin, %

5

Minimum Margin – the amount of funds required to open and maintain a 1lot position with the lowest margin requirements.

Commission, EUR

0

Commission – summary commission for opening and closing a position.

Minimum Commission, EUR

0

Minimum Commission  summary minimum commission for opening and closing a position.

Symbol

#BMW

Symbol – the instrument ticker in the trading platform.

Minimum Spread, Pips

19

Minimum Spread – the lowest value of the floating spread, expressed in pips. Pip – for Forex instruments quoted to the 5th place following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010. For spot metals 1 pip is equal to a price increment of 0.01. For indices and cryptocurrencies 1 pip is equal to a price increment of 1.0. For other instruments 1 pip is equal to Tick Size.

Typical Spread, Pips

27

Typical Spread – the typical value of the floating spread in normal market conditions (for cash indices – the typical value of the spread during trading hours of underlying stock index), expressed in pips. Pip – for Forex instruments quoted to the 5th place following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010. For spot metals 1 pip is equal to a price increment of 0.01. For indices and cryptocurrencies 1 pip is equal to a price increment of 1.0. For other instruments 1 pip is equal to Tick Size.

Limit / Stop Levels

0

Limit / Stop Levels – minimum distance from the current price for placement of pending orders in normal market conditions.

SWAP Value (Long), %

2.5

SWAP Value (Long) – an amount to be credited or debited for rolling a Buy position over one trading day to the next.

SWAP Value (Short), %

3.142

SWAP Value (short) – an amount to be credited or debited for rolling a Sell position over one trading day to the next.

3day SWAPs

Friday

3day SWAPs – a day of the week when the SWAP is credited or debited in a triple amount.

Tick Size

0.001

Tick Size – the minimum increment of the price.

Lot Size, Shares

1

Lot Size – a quantity of the underlying asset units in a single standardized contract (1.0 Lots).

Minimum Contract Size, Lots

0.1

Minimum Contract Size – the minimum contract size for opening a position. Lot – the standardized contract for a certain amount of units of the underlying asset (e.g. 100 barrels of crude oil, 100 troy oz of gold or 100,000 units of the base currency).

Maximum Contract Size, Lots

500

Maximum Contract Size The maximum contract size for opening a position Lot The standardized contract for a certain amount of units of the underlying asset (e.g. 100 barrels of crude oil, 100 troy oz of gold or 100,000 units of the base currency).

Contract Step, Lots

0.01

Contract Step – the minimum increment of the contract above the minimum contract size level. Lot – the standardized contract for a certain amount of units of the underlying asset (e.g. 100 barrels of crude oil, 100 troy oz of gold or 100,000 units of the base)

Pip Value Per Minimum Contract, EUR

0.0001

Pip Value Per Minimum Contract – a value of the minimum price increment for a position with the lowest available contract size. Pip – for Forex instruments quoted to the 5th place following the decimal point (e.g. GBPUSD – 1.32451), 1 pip is equal to a price increment of 0.00010; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – 101.522), 1 pip is equal to a price increment of 0.010. For spot metals 1 pip is equal to a price increment of 0.01. For indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point. For other instruments 1 pip is equal to Tick Size.

Minimum Hedged Margin, %

2.5

Minimum Hedged Margin – the amount of funds required to open and maintain two offsetting 1lot positions (Buy and Sell) with the lowest margin requirements.

Dividend Adjustment per Share, EUR

2.5

Dividend Adjustment per Share – amount of funds to be credited (for Buy positions) or debited (for Sell positions) in order to account for dividend payouts on underlying assets of the stock and index CFDs. Dividend adjustment payments are subject to local withholding taxes, with the rates depending on the country where the underlying share is traded. Please consult your tax advisor. Please also note that dividend adjustment values in this specification are based on forecasts provided by information agencies and may not correctly reflect resulting dividend adjustments that will be made on the basis of actual dividend payouts.

Dividend Adjustment Date

15.05.2020

Dividend Adjustment Date – the date of the next dividend adjustment (the exdividend date of the underlying asset) or the last announced dividend date of the underlying asset.

Trading Platform

Metatrader 5

Trading Platform – a trading software required to start trading this instrument.

Trading Schedule, EET

10:05  18:30 Mon  Fri

EET – trading hours in Eastern European Time (GMT+2, summer  GMT+3).
