Product Description

Volkswagen is a German multinational automotive manufacturing company. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing, and fleet management. In 2016 and 2017 it was the largest automaker by sales, it has maintained the largest market share in Europe for over two decades, and was ranked sixth in the 2017 Fortune Global 500 list of the largest companies in the world.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.12 0.12 0.12 0.12 0.12
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 0.01 0.01 0.01 0.01 0.01
Limit and Stop Levels 180.0 180.0 180.0 180.0 180.0
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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