Telefonica is a Spanish multinational broadband and telecommunications provider with operations in Europe and Asia, and North, Central and South America. Operating globally, it is one of the largest telephone operators and mobile network providers in the world. As of May 2017, Telefonica is the 110th largest company in the world.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.001 | 0.001 | 0.001 | |||
| 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 EUR | 1 EUR | 1 EUR | |||
| Volume limitation | 50 lots per account | 50 lots per account | 50 lots per account | |||
| Margin requirement | 4% | 4% | 4% | |||
| Minimum Price Increment | 0.001 | 0.001 | 0.001 | |||
| Limit and Stop Levels | 150.0 | 150.0 | 150.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||