Product Description

Cocoa is a popular agricultural commodity mostly produced in Ivory Coast, Ghana and Indonesia. This soft commodity has been used as a common currency in Africa, Central and South America and Asia. Today however, Cocoa futures are standardized, exchange-traded contracts, which exemplifies the world benchmark for the Global Cocoa Market.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 9.6 9.6 9.6 9.6 9.6
Size of 1 lot 10 Metric Ton 10 Metric Ton 10 Metric Ton 10 Metric Ton 10 Metric Ton
Minimum Contract size, lots 0.01 0.01 0.01 0.1 0.01
Maximum Contract size, lots 60.0 60.0 60.0 80.0 60.0
Tick value per 1 lot 10 USD 10 USD 10 USD 10 USD 10 USD
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 1.5% 1.5% 1.5% 1.5% 1.5%
Minimum Price Increment 1 1 1 1 1
Limit and Stop Levels 18.0 18.0 18.0 18.0 18.0
Margin Call / Stop out Level 80 % / 50% 80 % / 50% 40% / 10% 80 % / 50% 80 % / 50%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
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