Westpac Banking Corp (WBC.AX)

Westpac Banking Corp (WBC.AX) Trading on MT5 at XM

At XM we offer Westpac Banking Corp (WBC.AX) 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 Westpac Banking Corp (WBC.AX) Trading

Westpac Banking Corporation (commonly referred to as Westpac) is a leading financial services provider and a bank founded in 1817, with its headquarters in Sydney, Australia. Westpac belongs to the Big Four (i.e. the four major banks) of Australia, with over 13 million customers and well over 1400 branches. By assets, it is Australia's second largest bank, its services including insurance, consumer and corporate banking, investment banking and wealth management, mortgages, and credit cards. The company stock WBC.AX is traded on both the New Zealand Exchange and the Sydney Stock Exchange.

Trading Conditions

Margin requirement 10 %
Spreads as low as 0.147
Symbols Westpac
Description Westpac Banking Corp
Min. Price Fluctuation 0.00100
Value of Minimum Price Fluctuation AUD 0.01
Value of 1 lot 10 Shares
Min/Max Trade Size 1/990
Swap Value in Margin Currency Long -4.39 %
Swap Value in Margin Currency Short -1.61 %
Limit and Stop Levels** 0.005
Total Volume Limit (per client)*** 9892
Weekday 03:15-08:55 (GMT +3)
Monday Open 03:15 (GMT +3)   │   Friday Close 08:55 (GMT +3)
** Min. level for placing pending orders at a current market price.

*** Note that the maximum trading volume for Westpac per client is 9892 lots. This limit will be reviewed on a daily basis and updated according to the value of the instrument.

How to Start Trading Westpac Banking Corp (WBC.AX)?

Step 1

Open an XM Real Account

Step 2

Download and login to the MT5 platform

Step 3

Double-click on Westpac Banking Corp (WBC.AX) 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.