The Financial Times Stock Exchange 100 Index (FTSE100) also known as UK100, is a share index consisting of the 100 highest market capitalization companies listed on the LSE, including international companies as well. FTSE 100 is seen as a gauge of prosperity for businesses regulated by UK company law. The UK100 represents nearly 81% of the total market capitalization traded on the LSE.
PARAMETERS | Trading Specifications per Account Type | |||||||
---|---|---|---|---|---|---|---|---|
PREMIUM | ZERO | MICRO | AUTO | |||||
Typical Spread in quote currency per unit | 0.6 | 0.6 | 0.6 | 0.6 | ||||
Size of 1 lot | 1 contract | 1 contract | 1 contract | 1 contract | ||||
Minimum Contract size, lots | 1.0 | 1.0 | 1.0 | 1.0 | ||||
Maximum Contract size, lots | 60.0 | 60.0 | 60.0 | 60.0 | ||||
Tick value per 1 lot | 1 USD * GBPUSD | 1 USD * GBPUSD | 1 USD * GBPUSD | 1 USD * GBPUSD | ||||
Volume limitation | n/a | n/a | n/a | n/a | ||||
Margin requirement | 200 USD | 200 USD | 200 USD | 200 USD | ||||
Minimum Price Increment | 0.1 | 0.1 | 0.1 | 0.1 | ||||
Limit and Stop Levels | 4.0 | 4.0 | 4.0 | 4.0 | ||||
Margin Call / Stop out Level | 50 % / 20% | 50 % / 20% | 40% / 10% | 50 % / 20% | ||||
Negative balance protection | Yes | Yes | Yes | Yes | ||||
Swap free days allowance | 0 | 0 | 0 | 0 |