Product Description

Litecoin is the third most famous cryptocurrency, after Ethereum and Bitcoin. It was initially released in 2011. It is technically based on the model of Bitcoin however it provides 75% less block generation rate than Bitcoin and four times more coin supply than Bitcoin. Market capitalization of Litecoin is around $10 billion as of January 2018.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 10.0 10.0 10.0 10.0
Size of 1 lot 1 Litecoin 1 Litecoin 1 Litecoin 1 Litecoin
Minimum Contract size, lots 1.0 1.0 1.0 1.0
Maximum Contract size, lots 20.0 20.0 20.0 20.0
Tick value per 1 lot 1 USD * EURUSD /100 1 USD * EURUSD /100 1 USD * EURUSD /100 1 USD * EURUSD /100
Volume limitation 20 lots per account 20 lots per account 20 lots per account 20 lots per account
Margin requirement 10% 10% 10% 10%
Minimum Price Increment 0.01 0.01 0.01 0.01
Limit and Stop Levels 1500.0 1500.0 1500.0 1500.0
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
products