Paychex Inc. (PAYX.OQ)

Paychex Inc. (PAYX.OQ) Trading on MT5 at XM

At XM we offer Paychex Inc. (PAYX.OQ) 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 Paychex Inc. (PAYX.OQ) Trading

Paychex, Inc. is an American company founded in 1971, specialized in outsourcing services related to payroll, human resources, and benefits for small and medium-sized businesses. The company has its headquarters in Rochester, New York, and it owns and operates over 100 offices. Paychex is a component of NASDAQ-100 and S&P 500; with its stock traded on Nasdaq.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.07
SymbolsPaychex
DescriptionPaychex Inc
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationUSD 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/149
Swap Value in Margin Currency Long-4.71 %
Swap Value in Margin Currency Short-1.29 %
Limit and Stop Levels**0.05
Total Volume Limit (per client)***1490
Trading time (server time) 16:40-22:55 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for Paychex per client is 1490 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Paychex Inc. (PAYX.OQ)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on Paychex Inc. (PAYX.OQ) from the “Market Watch” to open an order for this instrument.

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