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 0.008
Symbols Saipem
Description Saipem
Min. Price Fluctuation 0.00100
Value of Minimum Price Fluctuation EUR 0.01
Value of 1 lot 10 Shares
Min/Max Trade Size 6/2025
Swap Value in Margin Currency Long -2.44 %
Swap Value in Margin Currency Short -3.56 %
Limit and Stop Levels** 0.005
Total Volume Limit (per client)*** 21902
Weekday 10:10-18:25 (GMT +3)
Monday Open 10:10 (GMT +3)   │   Friday Close 18:25 (GMT +3)
** Min. level for placing pending orders at a current market price.

*** Note that the maximum trading volume for Saipem per client is 21902 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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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.