ICICI Bank Limited (IBN.N)

ICICI Bank Limited (IBN.N) Trading on MT5 at XM

At XM we offer ICICI Bank Limited (IBN.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.

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Risk warning: FX and CFD trading involves a high risk of loss.

About ICICI Bank Limited (IBN.N) Trading

ICICI Bank Limited is a Mumbai-based leading Indian banking and financial services company founded in 1994, which ranks among the five largest in its industry in India. The wide range of services that ICICI provides include, among others, consumer and corporate banking; finance and insurance; private banking; mortgage loans; and wealth management. ICICI operates it business via subsidiaries in a series of countries, such as the UK, the USA, China and South Africa. ICICI is a component of the BSE SENSEX and the CNX Nifty stock market indices, and it is listed on several stock exchanges: BSE, NSE, and the NYSE.

Trading Conditions

Margin requirement 15 %
Spreads as low as 0.06
Symbols ICICI
Description ICICI
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation USD 0.1
Value of 1 lot 10 Shares
Min/Max Trade Size 2/518
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)*** 5291
Weekday 16:40-22:55 (GMT +3)
Monday Open 16:40 (GMT +3)   │   Friday Close 22:55 (GMT +3)
** Min. level for placing pending orders at a current market price.

*** Note that the maximum trading volume for ICICI per client is 5291 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading ICICI Bank Limited (IBN.N)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

Double-click on ICICI Bank Limited (IBN.N) from the “Market Watch” to open an order for this instrument.

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