Product Description

The SPY ETF is one of the most popular funds that aims to track the Standard & Poors 500 Index, which comprises 500 large- and mid-cap U.S. stocks.


Market Segment

Equity: U.S. - Large Cap


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Stock Currency USD USD USD
Size of 1 lot 1 share 1 share 1 share
Minimum Contract size, lots 1 1 1
Maximum Contract size, lots n/a n/a n/a
Tick value per 1 lot 0.01 USD 0.01 USD 0.01 USD
Volume limitation N/A N/A N/A
Margin requirement 20% 20% 20%
Trading Commission 0.10 USD per Share Round Turn 0.10 USD per Share Round Turn 0.10 USD per Share Round Turn
Minimum Price Increment 0.01 0.01 0.01
Limit and Stop Levels 0.0 0.0 0.0
Negative balance protection Yes Yes Yes
Platform symbol SPY SPY SPY
Exchange Venue USA -NYSEARCA USA -NYSEARCA USA -NYSEARCA
Swap free days allowance 0 0 0