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GM (GM.N) Trading on MT5 at XM
At XM we offer GM (GM.N) 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.
About GM (GM.N) Trading
General Motors Company (GM) is an American multinational company founded in 1908 and headquartered in Michigan, USA, specialized in the design, manufacturing and distribution of automobiles, commercial vehicles and vehicle parts. The company manufactures vehicles in over 30 countries and features 12 brands, including Chevrolet, Cadillac, Opel and Buick.
GM is a S&P 500 component and the company stock, GM.N, is traded on the New York Stock Exchange.
Trading Conditions
| Margin requirement | 10 % |
| Spreads as low as | 0.07 |
| Symbols | GeneralMot |
| Description | GM |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | USD 0.1 |
| Value of 1 lot | 10 Shares |
| Spreads as low as | 0.07 |
| Min/Max Trade Size | 1/225 |
| Swap Value in Margin Currency Long | -3.2 % |
| Swap Value in Margin Currency Short | -2.8 % |
| Limit and Stop Levels** | 0.04 |
| Total Volume Limit (per client)*** | 2246 |
Weekday 16:40-22:55 (GMT +2)
Monday Open 16:40 (GMT +2)
│
Friday Close 22:55 (GMT +2)
** Min. level for placing pending orders at a current market price.
*** Note that the maximum trading volume for GeneralMot per client is 2246 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.
How to Start Trading GM (GM.N)?
Step 1
Open an XM Real Account
Step 2
Download and login to the MT5 platform
Step 3
Double-click on GM (GM.N) from the “Market Watch” to open an order for this instrument.
