US SPX500 / USA500.S - Trading Details

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 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
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