Product Description

Iberdrola is a Spanish public multinational electric utility company. Iberdrola has a workforce of around 31,330 employees in dozens of countries on four continents serving around 31.67 million customers. Iberdrola has become the largest energy group in Spain by market capitalisation, the global leader in wind energy and one of the largest utility companies in the world by market capitalisation.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.013 0.013 0.013 0.013 0.013
Size of 1 lot 100 shares 100 shares 100 shares 100 shares 100 shares
Minimum Contract size, lots 0.01 0.01 0.01 0.01 0.01
Maximum Contract size, lots 50.0 50.0 50.0 50.0 50.0
Tick value per 1 lot 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD
Volume limitation 50 lots per account 50 lots per account 50 lots per account 50 lots per account 50 lots per acco
Margin requirement 7% 7% 7% 7% 7%
Minimum Price Increment 0.001 0.001 0.001 0.001 0.001
Limit and Stop Levels 6.5 6.5 6.5 6.5 6.5
Margin Call / Stop out Level 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20% 50 % / 20%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
products