Drax Group plc (DRX.L)

Drax Group plc (DRX.L) Trading on MT5 at XM

At XM we offer Drax Group plc (DRX.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 Drax Group plc (DRX.L) Trading

Drax Group is a British public limited company specialized in the electrical power generation industry, founded in 2005 and headquartered in Drax, England. The company services include electrical power and byproducts. Drax Group is a FTSE 250 Index constituent, and its stock is publicly traded on the London Stock Exchange.

Trading Conditions

Margin requirement 5 %
Spreads as low as 0.029
Symbols Drax
Description Drax
Min. Price Fluctuation 0.00100
Value of Minimum Price Fluctuation GBP 0.01
Value of 1 lot 10 Shares
Min/Max Trade Size 6/1811
Swap Value in Margin Currency Long -3.06 %
Swap Value in Margin Currency Short -2.94 %
Limit and Stop Levels** 0.004
Total Volume Limit (per client)*** 13127
Weekday 10:10-14:00,14:03-18:25 (GMT +3)
Monday Open 10:10 (GMT +3)   │   Friday Close 18:25 (GMT +3)
** Min. level for placing pending orders at a current market price.

*** Note that the maximum trading volume for Drax per client is 13127 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Drax Group plc (DRX.L)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

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

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.