3M Company CFD (#MMM)
Start trading #MMM
Get access to the world´s financial markets and trade the most popular instruments on competitive terms
Trade from anywhere, any time
Never miss a trading opportunity
Start with just 100 EUR
Contracts specifications
Parameters
Data
Minimum Margin, %
5 (Retail - 20)
Minimum Margin – the amount of funds required to open and maintain a 1-lot position with the lowest margin requirements.
Commission, USD
0.02
Commission – The service charge for executing a per-side transaction, i.e., opening or closing a position in an instrument. Depending on the instrument, the commission might be set in the per cent of trade value, or a flat rate per share.
Minimum Commission, USD
1
Minimum Commission – the minimum service charge applied to each transaction (the opening or closing a position) in the event that the calculated payable commission falls below the defined minimum.
Symbol
#MMM
Symbol – the instrument ticker in the trading platform.
Minimum Spread, USD
0.01
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, USD
0.026
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, USD
0.026
Limit / Stop Levels – minimum distance from the current price for placement of pending orders in normal market conditions.
SWAP Value (Long), %
-0.02081
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), %
0.0
SWAP Value (short) – an amount to be credited or debited for rolling a Sell position over one trading day to the next.
3-day SWAPs
Friday
3-day SWAPs – a day of the week when the SWAP is credited or debited in a triple amount.
Tick Size
0.01
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, USD
0.001
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 (Retail - 10)
Minimum Hedged Margin – the amount of funds required to open and maintain two offsetting 1-lot positions (Buy and Sell) with the lowest margin requirements.
Trading status
Full access
Trading status shows whether the instrument is generally available for trading and if any restrictions apply.
Additional fee, tax or levy
No
Where applicable, transactions and distributions will be adjusted for applicable withholding taxes and certain other taxes and levies on the buying and selling of assets, such as U.K. Stamp Duty and U.K. PTM Levy, French and Spanish Financial Transaction Tax, Partnership Withholding Tax.
Please note that you may also be liable for paying additional tax on any capital gains or dividend payments. If you are unsure of your obligations, you should check with the relevant tax authority or speak to a tax specialist.
Please note that you may also be liable for paying additional tax on any capital gains or dividend payments. If you are unsure of your obligations, you should check with the relevant tax authority or speak to a tax specialist.
Trading Platform
Metatrader 5
Trading Platform – a trading software required to start trading this instrument.
Trading Schedule, EET
16:35 - 23:00 Mon - Fri
EET – trading hours in Eastern European Time (GMT+2, summer - GMT+3).
NB! Please note that positions in this instrument are subject to cash adjustments reflecting the weighted effect of dividend payouts. Your account will be credited when holding a long position (buy) or debited when holding a short position (sell) for the appropriate amount on the ex-dividend dates of the index constituent stocks.
Parameters
Data
Minimum Margin, %
5 (Retail - 20)
Minimum Margin – the amount of funds required to open and maintain a 1-lot position with the lowest margin requirements.
Commission, USD
0.02
Commission – The service charge for executing a per-side transaction, i.e., opening or closing a position in an instrument. Depending on the instrument, the commission might be set in the per cent of trade value, or a flat rate per share.
Minimum Commission, USD
1
Minimum Commission – the minimum service charge applied to each transaction (the opening or closing a position) in the event that the calculated payable commission falls below the defined minimum.
Symbol
#MMM
Symbol – the instrument ticker in the trading platform.
Minimum Spread, USD
0.01
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, USD
0.026
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, USD
0.026
Limit / Stop Levels – minimum distance from the current price for placement of pending orders in normal market conditions.
SWAP Value (Long), %
-0.02081
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), %
0.0
SWAP Value (short) – an amount to be credited or debited for rolling a Sell position over one trading day to the next.
3-day SWAPs
Friday
3-day SWAPs – a day of the week when the SWAP is credited or debited in a triple amount.
Tick Size
0.01
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
0.1
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, USD
0.001
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 (Retail - 10)
Minimum Hedged Margin – the amount of funds required to open and maintain two offsetting 1-lot positions (Buy and Sell) with the lowest margin requirements.
Trading status
Full access
Trading status shows whether the instrument is generally available for trading and if any restrictions apply.
Trading Platform
Metatrader 4
Trading Platform – a trading software required to start trading this instrument.
Trading Schedule, EET
16:35 - 23:00 Mon - Fri
EET – trading hours in Eastern European Time (GMT+2, summer - GMT+3).
NB! Please note that positions in this instrument are subject to cash adjustments reflecting the weighted effect of dividend payouts. Your account will be credited when holding a long position (buy) or debited when holding a short position (sell) for the appropriate amount on the ex-dividend dates of the index constituent stocks.