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Cocoa is a popular agricultural commodity mostly produced in Ivory Coast, Ghana and Indonesia. This soft commodity has been used as a common currency in Africa, Central and South America and Asia. Today however, Cocoa futures are standardized, exchange-traded contracts, which exemplifies the world benchmark for the Global Cocoa Market.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 10.0 | 10.0 | 10.0 | |||
| Size of 1 lot | 10 Metric Ton | 10 Metric Ton | 10 Metric Ton | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 10 USD | 10 USD | 10 USD | |||
| Volume limitation | n/a | n/a | n/a | |||
| Margin requirement | 1.5% | 1.5% | 1.5% | |||
| Minimum Price Increment | 1 | 1 | 1 | |||
| Limit and Stop Levels | 18.0 | 18.0 | 18.0 | |||
| Negative balance protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
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Legal: HF Markets (SV) Ltd is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 22747 IBC 2015.
Risk Warning: Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full Risk Disclosure.
HFM does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others.
