Product Description

Telefonica is a Spanish multinational broadband and telecommunications provider with operations in Europe and Asia, and North, Central and South America. Operating globally, it is one of the largest telephone operators and mobile network providers in the world. As of May 2017, Telefonica is the 110th largest company in the world.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.001 0.001 0.001
Size of 1 lot 100 shares 100 shares 100 shares
Minimum Contract size, lots 0.01 0.01 0.01
Maximum Contract size, lots 50 50 50
Tick value per 1 lot 1 EUR 1 EUR 1 EUR
Volume limitation 50 lots per account 50 lots per account 50 lots per account
Margin requirement 4% 4% 4%
Minimum Price Increment 0.001 0.001 0.001
Limit and Stop Levels 150.0 150.0 150.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0