Product Description

Mapfre is a Spanish insurance company based in Majadahonda, Madrid. It is the leading insurance company in Spain and the largest non-life insurance company in Latin America. Mapfre is listed in the Fortune Global 500.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.012 0.012 0.012 0.012 0.012
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 7.0 7.0 7.0 7.0 7.0
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
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