BNY Mellon (BK.N)

BNY Mellon (BK.N) Trading on MT5 at XM

At XM we offer BNY Mellon (BK.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 BNY Mellon (BK.N) Trading

The Bank of New York Mellon (BNY Mellon) is an American global financial services corporation, originally founded in 1784 under the name of The Bank of New York, and headquartered in New York City. It is the second oldest bank in the USA. The company stock, BK.N, is traded on the New York Stock Exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.06
SymbolsBofNewYork
DescriptionBank Of New York
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationUSD 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/186
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)***1860
Trading time (server time) 16:40-22:55 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for BofNewYork per client is 1860 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading BNY Mellon (BK.N)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on BNY Mellon (BK.N) from the “Market Watch” to open an order for this instrument.

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