Help CenterAll CFDs products except Energy (UKOIL, XTI) and Cryptocurrency XRP: the minimum lot size = 1. 1 lot = 1 contract: meaning 1 lot is equal to the quoted price (bid/ask) on the screen. Note: Oil, 1 lot = 1000 contracts, XRP is 100 contracts.
Product currency, is the same as Margin Currency in product specifications. Margin currency will match the underlying instrument. e.g. US500, US30, NAS100 are USD; UK100 is GBP; AUS200 is AUD, etc.
Example 1 - XTIUSD
Two positions: 0.01 and 1.00 lot. Contract size = 1000 (1 lot = 1000 barrels).
Open Price = 57.500. Current price = 57.482
The difference between the open and current price is 0.018
Calculation = lot size x price difference x contract size
0.01 x -0.018 x 1000 = - 0.18, i.e. With 10 barrels (0.01 lot trade) = USD-$0.18.
1.00 x -0.018 x 1000 = -18.00, i.e. With 1000 barrels (1.0 lot trade) = USD-$18.00
Two positions: 1 and 2 lots. Contract size = 1 (1 lot = 1 contract)
Open price is 3092.55 and the current price is 3092.10
The difference between the open and current price is 0.45
Calculation = lot size x price difference x contract size
1 x 0.45 x 1 = 0.45 (USD$0.45)
2 x 0.45 x 1 = -0.90 (USD$0.45)
You may dowload the product sheet via:
https://cdn.afterprime.com/specs/product-spec_indices_oct19.pdf