Alibaba Group is a Chinese multinational conglomerate specializing in consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It is named as one of the most admired companies and its IPO in 2014 was the highest in the world.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.36 | 0.36 | 0.36 | |||
| Size of 1 lot | 100 shares | 100 shares | 100 shares | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 50 | 50 | 50 | |||
| Tick value per 1 lot | 1 USD | 1 USD | 1 USD | |||
| Volume limitation | 50 lots per account | 50 lots per account | 50 lots per account | |||
| Margin requirement | 4% | 4% | 4% | |||
| Minimum Price Increment | 0.01 | 0.01 | 0.01 | |||
| Limit and Stop Levels | 3.0 | 3.0 | 3.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||