BMW AG

Instrument specification in OANDA TMS Brokers

Name
BMW_CFD.DE
Description
Bayerische Motoren Werke AG
Type
Equities Germany
Contract size / 1 lot
Price * 1 EUR
Value of 1 pip
0.001
Minimal step
0.001
Short sale
YES
Distance SL and TP
0
Minimum order value
1
Maximum order value
2044
Transaction Step
1
Trading Hours
monday-friday 09:01-13:00, 13:02-17:29
Deposit required
20%
Financial leverage
5:1
Long swap (daily)
-0.01644%
Short Swap (daily)
-0.00161%
3-day swap (date)
5
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.