Product Description

The FRA40, also known as CAC 40 (Cotation Assistee en Continu 40), is the benchmark index for the French Stock market. It presents the most accurate indication of French economy, as it consists of the top 40 of the 100 highest market-capitalization company stocks traded on the Euronext Paris, which is the second largest exchange in Europe.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 0.8 0.8 0.8 0.8
Size of 1 lot 1 contract 1 contract 1 contract 1 contract
Minimum Contract size, lots 1.0 1.0 1.0 1.0
Maximum Contract size, lots 60.0 60.0 60.0 60.0
Tick value per 1 lot 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD
Volume limitation n/a n/a n/a n/a
Margin requirement 200 USD 200 USD 200 USD 200 USD
Minimum Price Increment 0.1 0.1 0.1 0.1
Limit and Stop Levels 5.0 5.0 5.0 5.0
Margin Call / Stop out Level 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20%
Negative balance protection Yes Yes Yes Yes
Swap free days allowance 0 0 0 0
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