Product Description

The S&P 500 or USA500.S, is an American stock market index based on the market capitalizations of 500.S large companies having common stock listed on the NYSE or NASDAQ. The USA500.S belongs to the most watched indices worldwide, along with USA30 and USA100. The USA500 represents more than 75% of the total American equity market by capitalization and that makes it one of the best indicators of US Stock Market and US economy growth as well. It is a free-float capitalization-weighted index and in contrast with Dow and NASDAQ indices, is calculated and updated in real time.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 0.2 0.2 0.2 0.2
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 0,01 USD 0,01 USD 0,01 USD 0,01 USD
Volume limitation n/a n/a n/a n/a
Margin requirement 160 USD 160 USD 160 USD 160 USD
Minimum Price Increment 0.01 0.01 0.01 0.01
Limit and Stop Levels 20.0 20.0 20.0 20.0
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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