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GSK (GSK.L) Trading on MT5 at XM

At XM we offer GSK (GSK.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 GSK (GSK.L) Trading

GlaxoSmithKline plc (GSK) is a pharmaceutical company founded in 2000 with its headquarters in Brentford and London, UK. The company develops vaccines, oral healthcare products, nutritional products, and over-the-counter medicines. GSK is known to have developed the first malaria vaccine.

The company is a FTSE 100 constituent, and its stock, GSK.L, is traded both on the LSE and the NYSE.

Trading Conditions

Margin requirement 5 %
Spreads as low as 0.022
Min. Price Fluctuation0.00100
Value of Minimum Price FluctuationGBP 0.1
Value of 1 lot100 Shares
Min/Max Trade Size1/57
Swap Value in Margin Currency Long-3.47 %
Swap Value in Margin Currency Short-2.53 %
Limit and Stop Levels**0.004
Total Volume Limit (per client)***570
Trading time (server time) 10:10-14:00,14:03-18:25 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for GSK per client is 570 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading GSK (GSK.L)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

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

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