US Cocoa / Cocoa - Trading Details

Product Description

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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