Product Description

NASDAQ Stock Market was the first electronic stock market globally which began trading in 1971. Since its establishment, it remains the second largest exchange in the world by market capitalization, behind New York Stock Exchange. The main NASDAQ index is the NASDAQ 100 (USA100) that tracks the prices of the largest US stocks listed on the NASDAQ. It consists of the top 100 US companies, ranked by market capitalization.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 1.0 1.0 1.0 1.0
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 50 USD 50 USD 50 USD 50 USD
Minimum Price Increment 0.1 0.1 0.1 0.1
Limit and Stop Levels 4.0 4.0 4.0 4.0
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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