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 | PRO | ||||
Spreads as low as | 0.4 | 0.4 | 0.4 | |||
Size of 1 lot | 1 contract | 1 contract | 1 contract | |||
Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
Maximum Contract size, lots | 60 | 60 | 60 | |||
Tick value per 1 lot | 0.01 USD | 0.01 USD | 0.01 USD | |||
Volume limitation | n/a | n/a | n/a | |||
Margin requirement | 0.2% | 0.2% | 0.2% | |||
Minimum Price Increment | 0.01 | 0.01 | 0.01 | |||
Limit and Stop Levels | 20.0 | 20.0 | 20.0 | |||
Negative balance protection | Yes | Yes | Yes | |||
Swap free days allowance | 0 | 0 | 0 |