Cocoa is a popular agricultural commodity mostly produced in Ivory Coast, Ghana and Indonesia. This soft commodity has been used as a common currency in Africa, Central and South America and Asia. Today however, Cocoa futures are standardized, exchange-traded contracts, which exemplifies the world benchmark for the Global Cocoa Market.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 10.0 | 10.0 | 10.0 | |||
| Size of 1 lot | 10 Metric Ton | 10 Metric Ton | 10 Metric Ton | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 10 USD | 10 USD | 10 USD | |||
| Volume limitation | n/a | n/a | n/a | |||
| Margin requirement | 1.5% | 1.5% | 1.5% | |||
| Minimum Price Increment | 1 | 1 | 1 | |||
| Limit and Stop Levels | 18.0 | 18.0 | 18.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
