Saipem SpA (SPM.MI)

Saipem SpA (SPM.MI) Trading on MT5 at XM

At XM we offer Saipem SpA (SPM.MI) 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 Saipem SpA (SPM.MI) Trading

Saipem S.p.A. is an oil and gas industry contractor founded in 1957 with its headquarters in Italy, providing services in the area of engineering and construction for onshore and offshore projects, as well as for drilling rigs and drillships. It has operations in well over 50 countries across the world. Its stock SPM.MI is traded on Borsa Italiana.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.013
SymbolsSaipem
DescriptionSaipem
Min. Price Fluctuation0.00100
Value of Minimum Price FluctuationEUR 0.01
Value of 1 lot10 Shares
Min/Max Trade Size1/1104
Swap Value in Margin Currency Long-2.58 %
Swap Value in Margin Currency Short-3.42 %
Limit and Stop Levels**0.005
Total Volume Limit (per client)***11036
Trading time (server time) 10:10-18:25 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for Saipem per client is 11036 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Saipem SpA (SPM.MI)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on Saipem SpA (SPM.MI) from the “Market Watch” to open an order for this instrument.

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