Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA)

Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA) Trading on MT5 at XM

At XM we offer Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA) 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 Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA) Trading

Michelin is the world's second-largest tire manufacturer. The France-based company founded in 1889. It manufactures and distributes tires for a great variety of vehicles, and it is also engaged in offering digital products, as well as maps and guides. Michelin was the first to introduce the radial tire technology to Formula One race car tires. The company is a CAC 40 stock market index component, and its stock is traded on Euronext stock exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.3
SymbolsCompagnie Generale
DescriptionCompagnie Generale des Etablissements Michelin SCA
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationEUR 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/99
Swap Value in Margin Currency Long-2.58 %
Swap Value in Margin Currency Short-3.42 %
Limit and Stop Levels**0.05
Total Volume Limit (per client)***989
Trading time (server time) 10:10-18:25 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for Compagnie Generale per client is 989 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on Michelin (Compagnie Generale des Etablissements Michelin SCA) (MICP.PA) from the “Market Watch” to open an order for this instrument.

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