SKF AB (SKFb.ST)

SKF AB (SKFb.ST) Trading on MT5 at XM

At XM we offer SKF AB (SKFb.ST) 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 SKF AB (SKFb.ST) Trading

SKF AB is a Sweden-based company that specialises in the manufacturing and supplying machine elements such as bearing and devices such as mechanical seal, as well as lubrication systems, power transmission products, and products related to mechatronics. The company ranks as the world's largest bearing manufacturer. Its stock is traded on Nasdaq Stockholm.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.41
SymbolsSKF
DescriptionSKF AB
Min. Price Fluctuation0.01000
Value of Minimum Price FluctuationSEK 0.1
Value of 1 lot10 Shares
Min/Max Trade Size1/332
Swap Value in Margin Currency Long-2.49 %
Swap Value in Margin Currency Short-3.51 %
Limit and Stop Levels**0.05
Total Volume Limit (per client)***3320
Trading time (server time) 10:10-18:15 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for SKF per client is 3320 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading SKF AB (SKFb.ST)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on SKF AB (SKFb.ST) from the “Market Watch” to open an order for this instrument.

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