Bank of America (BAC.N)

Bank of America (BAC.N) Trading on MT5 at XM

At XM we offer Bank of America (BAC.N) stocks as cash CFDs. Our cash CFDs stocks are undated transactions that aim to replicate the cash price of the underlying stock, and so they are adjusted for any relevant corporate actions.

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Risk warning: FX and CFD trading involves a high risk of loss.

About Bank of America (BAC.N) Trading

Founded in 1904 and headquartered in North Carolina, USA, Bank of America is an international corporation providing banking and financial services. Bank of America products include, among others, consumer and corporate banking, investment banking, finance and insurance, and wealth management.

Bank of America is a component of S&P 500 and its stock, BAC.N, is traded on the NYSE.

Trading Conditions

Margin requirement 5 %
Spreads as low as 0.06
DescriptionBank Of America
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationUSD 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/335
Swap Value in Margin Currency Long-4.71 %
Swap Value in Margin Currency Short-1.29 %
Limit and Stop Levels**0.04
Total Volume Limit (per client)***3350
Trading time (server time) 16:40-22:55 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for BofAmerica per client is 3350 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Bank of America (BAC.N)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

Double-click on Bank of America (BAC.N) from the “Market Watch” to open an order for this instrument.

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