Product Description

Palladium is a metal mainly used in catalysts which assist in protecting the environment from harmful gases. Palladium is one of the rarest metals on earth, with Russia, South Africa and North America being the main producers. The first two countries produce nearly 80% of the total supply, hence any changes on the mining production of these countries adds volatility to the palladium price. Futures and options are a significant part of a group of elements referred to as the platinum group metals (PGMs).


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 3.7 3.7 3.7 3.7 3.7
Size of 1 lot 100 Troy Oz 100 Troy Oz 100 Troy Oz 100 Troy Oz 100 Troy Oz
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 5 USD 5 USD 5 USD 5 USD 5 USD
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 1500 USD 1500 USD 1500 USD 1500 USD 1500 USD
Minimum Price Increment 0.05 0.05 0.05 0.05 0.05
Limit and Stop Levels 0.7 0.7 0.7 0.7 0.7
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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