Estonia based Retail FX brokerage group Admiral Markets informed its clients that it has added mini and micro lots for US Stock CFDs.
As of 19 August, the company has reduced the minimum contract size and contract step across its US Stock CFDs offer.
The minimum contract size and contract step of many US Stock CFDs on Admiral.MT5 account has dropped to 0.1 and 0.01 lots, depending on their current prices and lowest possible margin requirements.
New minimum contract size and step examples:
Stock CFD price | Minimum Margin Requirements 20% or higher | Minimum Margin Requirements 10% or less |
Below $10 | 1 lot and step 1 lot | 1 lot and step 1 lot |
$10 – $20 | 1 lot and step 1 lot | 0.1 lots and step 0.1 lots |
Above $20 | 1 lot and step 1 lot | 0.1 lots and step 0.01 lots |
Instrument margin requirements can be checked under Contract Specifications.
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