Fortescue Metals Group Ltd (FMG.AX)

Fortescue Metals Group Ltd (FMG.AX) Trading on MT5 at XM

At XM we offer Fortescue Metals Group Ltd (FMG.AX) 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 Fortescue Metals Group Ltd (FMG.AX) Trading

Fortescue Metals Group Ltd is a Perth-based mining company specialized in the production of iron ore and steel and ranks among the world's five largest iron ore producers, with mining operations in Western Australia. The company stock, FMG.AX, is traded on the Sydney Stock Exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.028
DescriptionFortescue Metals Group Ltd
Min. Price Fluctuation0.00100
Value of Minimum Price FluctuationAUD 0.01
Value of 1 lot10 Shares
Min/Max Trade Size1/1731
Swap Value in Margin Currency Long-5.16 %
Swap Value in Margin Currency Short-0.84 %
Limit and Stop Levels**0.005
Total Volume Limit (per client)***17310
Trading time (server time) 01:10-06:55 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for Fortescue per client is 17310 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Fortescue Metals Group Ltd (FMG.AX)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

Double-click on Fortescue Metals Group Ltd (FMG.AX) from the “Market Watch” to open an order for this instrument.

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