BP (BP.L)

BP (BP.L) Trading on MT5 at XM

At XM we offer BP (BP.L) 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 BP (BP.L) Trading

BP plc (formerly referred to as British Petroleum) is a leading British international enterprise in the oil and gas industry, with its headquarters in London, UK. BP is one of the “Big Oil” (supermajors) companies, and by market cap the world’s sixth biggest energy company, specialized in exploration and production, refining, distribution, power generation, and petrochemicals.

BP is a FTSE 100 component. The company stock, BP.L, is traded on the London Stock Exchange, the Frankfurt Stock Exchange, and the New York Stock Exchange.

Trading Conditions

Margin requirement 5 %
Spreads as low as 0.008
SymbolsBP
DescriptionBritish Petroleum
Min. Price Fluctuation0.00010
Value of Minimum Price FluctuationGBP 0.01
Value of 1 lot100 Shares
Min/Max Trade Size1/147
Swap Value in Margin Currency Long-3.47 %
Swap Value in Margin Currency Short-2.53 %
Limit and Stop Levels**0.0004
Total Volume Limit (per client)***1470
Trading time (server time) 10:10-14:00,14:03-18:25 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for BP per client is 1470 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading BP (BP.L)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on BP (BP.L) from the “Market Watch” to open an order for this instrument.

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