Product Description

USA500 index also called the Standard & Poors 500, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.


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 1 USD 1 USD 1 USD
Volume limitation n/a n/a n/a n/a
Margin requirement 2% 2% 2% 2%
Minimum Price Increment 0.01 0.01 0.01 0.01
Limit and Stop Levels 60.0 60.0 60.0 60.0
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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