Ferrari NV (RACE.MI)

Ferrari NV (RACE.MI) Trading on MT5 at XM

At XM we offer Ferrari NV (RACE.MI) 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 Ferrari NV (RACE.MI) Trading

Ferrari N.V. is an Italian auto manufacturer founded in 1939, worldwide known for its sports cars, as well as for its regular participation in car racing (esp. Formula One), where it has the most successful racing team (i.e. . Scuderia Ferrari) until today. The company stock RACE.MI is traded both on the Borsa Italiana and on the New York Stock Exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.236
SymbolsFerrari
DescriptionFerrari NV
Min. Price Fluctuation0.00100
Value of Minimum Price FluctuationEUR 0.001
Value of 1 lot10 Shares
Min/Max Trade Size1/72
Swap Value in Margin Currency Long-2.58 %
Swap Value in Margin Currency Short-3.42 %
Limit and Stop Levels**0.005
Total Volume Limit (per client)***717
Trading time (server time) 10:10-18:25 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for Ferrari per client is 717 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Ferrari NV (RACE.MI)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on Ferrari NV (RACE.MI) from the “Market Watch” to open an order for this instrument.

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