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.

Open a Demo Account
Open an Account

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 0.077
Symbols Fortescue
Description Fortescue Metals Group Ltd
Min. Price Fluctuation 0.00100
Value of Minimum Price Fluctuation AUD 0.01
Value of 1 lot 10 Shares
Min/Max Trade Size 2/385
Swap Value in Margin Currency Long -4.39 %
Swap Value in Margin Currency Short -1.61 %
Limit and Stop Levels** 0.005
Total Volume Limit (per client)*** 3852
Weekday 03:10-08:55 (GMT +3)
Monday Open 03:10 (GMT +3)   │   Friday Close 08:55 (GMT +3)
** Min. level for placing pending orders at a current market price.

*** Note that the maximum trading volume for Fortescue per client is 3852 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.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

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