Bank of America is an American multinational investment bank and financial services company and the second largest banking institution in the United States after JP Morgan Chase. It services approximately 10.73% of all American bank deposits, and is the 13th largest company in the world by market capitalization.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.06 | 0.06 | 0.06 | |||
| 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 | 2.0 | 2.0 | 2.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||