MGM (MGM.N)

MGM (MGM.N) Trading on MT5 at XM

At XM we offer MGM (MGM.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 MGM (MGM.N) Trading

Founded in 1986, MGM Resorts International is a large American company specialized in hospitality, casinos, hotels, entertainment and gaming. Besides owning and operating resorts, the Nevada based MGM also develops and builds real estates for the gaming and leisure industry.

The company stock, MGM.N, is traded on the New York Stock Exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.06
SymbolsMGMResorts
DescriptionMGM Resorts International
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationUSD 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/180
Swap Value in Margin Currency Long-4.71 %
Swap Value in Margin Currency Short-1.29 %
Limit and Stop Levels**0.04
Total Volume Limit (per client)***1500
Trading time (server time) 16:40-22:55 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for MGMResorts per client is 1500 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading MGM (MGM.N)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

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

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