Leverage up to

1:2 (Retail - 1:2)

Leverage – the ratio of position's notional value to amount of margin required for opening a position (e.g. leverage 1:500 means that EUR 100,000 contract requires as low as 200 EUR margin).

Commission, %

0

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.

Symbol

XLMUSD

Symbol – the instrument ticker in the trading platform.

Minimum Spread, %

1

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, %

1

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, %

1

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

SWAP Value (Long), Interest Rate

-0.05583

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), Interest Rate

-0.05528

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

Not charged

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

Tick Size

0.0001

Tick Size – the minimum increment of the price.

Lot Size, XLM

1,000

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

5

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

0.01

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 Margin, XLM

500 (Retail - 500)

Minimum Margin – the amount of funds required to open and maintain a 1-lot position 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.

Minimum Hedged Margin, XLM

250 (Retail - 250)

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 Platform

Metatrader 5

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

Trading Schedule, EET

00:05 - 23:59 Mon - Sun

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