LendingClub Corporation (LC.N)

LendingClub Corporation (LC.N) Trading on MT5 at XM

At XM we offer LendingClub Corporation (LC.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 LendingClub Corporation (LC.N) Trading

LendingClub Corporation is a California-based American P2P (peer-to-peer) lending company founded in 2006 that offering services such as personal and business loans, re-financing loans, and medical financing. The company brings together borrowers and investors on its website by enabling borrowers to create loan listings and investors to opt for the loans that they wish to invest in. The company stock LC.N is listed on the New York Stock Exchange.

Trading Conditions

Margin requirement 15 %
Spreads as low as 0.07
Symbols LendingClub
Description LendingClub
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation USD 0.1
Value of 1 lot 10 Shares
Min/Max Trade Size 2/344
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)*** 4474
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 LendingClub per client is 4474 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading LendingClub Corporation (LC.N)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

Double-click on LendingClub Corporation (LC.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.