Find the "Contract specifications" in the web terminal or mobile app:
1. On the right side of the financial instrument's name.
2. or in the instrument search window.
Symbol: Symbols such as '.nq', '.bt', '.ny', '.xbpu', '.xwbo', etc. indicate real stocks listed on NASDAQ, CBOE, NYSE, Euronext Brussels, Vienna Stock Exchange, etc. Other symbols represent CFDs.
Category: The category of instrument, e.g., Stock - NASDAQ for real stocks, Currencies - Forex for currency pairs, ETF - NYSE for ETFs listed on NYSE, ETF - CFD for CFDs on ETFs, etc.
Country: The country of origin for the instrument. This is displayed for all asset types except Forex, Oil, and Metals.
Description: The description or decoding of the instrument symbol (company name, currency pair, etc.).
Profit Currency: The currency required to purchase the instrument. If you trade from an account in another currency, R StocksTrader will automatically convert it according to internal rates. View the markup values used for the currency conversion in the "Contract specification" section (Currency Conversion).
Interest Buy/Sell: This is a charge for rolling a leveraged position overnight. "Buy" stands for long positions, "sell" stands for short positions. This interest is added to the result of a position. The leverage is applied to positions depending on the type of instrument or account.
The rate is not constant and might be changed without any prior notice to clients.
How to calculate interest (for stocks)?
<Opening price> * <Position volume> * <Interest (%) / 100 / 360>
Example:
Twitter: 100 shares, long position, interest - 7%
25 * 100 * (-7%) / 100 / 360 = (-0,49) USD
Triple Interest Day: This is the day when triple interest is applied to the instrument. Keep this in mind when calculating the interest for your open long or short positions.
Tradable: "Yes" means the instrument is currently available for trading.
Trade mode:
Full - All possible actions for orders are allowed.
Buy only - Placing all orders is allowed except for Sell Stop, Sell Limit, and Sell Market (in other words, allowed orders are for opening: Buy Market, Buy Stop, and Buy Limit; for closing: Stop Loss, Trailing Stop, Take Profit. All other orders are prohibited).
Sell only - Placing all orders is allowed except for Buy Stop, Buy Limit, and Buy Market.
Close only - Only placing orders for closing (Stop Loss, Take Profit, Trailing Stop) is allowed. All other orders are prohibited.
Tick size: The smallest change in the price of a financial instrument that can be observed or traded.
Example: If a stock has a tick size of $0.01, its price can only move in increments of $0.01 (e.g., $100.00, $100.01, $100.02, etc.).
Minimum Order Volume: the smallest amount of a financial instrument that can be bought or sold in a single order.
Step Volume: The minimum size of one step in the stock's volume to buy. The minimum volume of shares to buy remains the same – 1 share. Read how to trade fractional shares here.
Maximum Order Volume: the largest quantity of a financial instrument that can be bought or sold in a single order.
Contract size: the value of 1 contract for each financial instrument, e.g. 1 share(s), 1 EUR, 1 index. Contract size is a unit of measurement for volume, i.e. Volume = contract size * contracts.
Leverage: the leverage ratio for the financial instrument. Read more about leverage here.
Available for CopyFX (mobile app): availability of the financial instrument for copy trading.
High liquid: "Yes" means that financial instrument that can be quickly bought or sold without causing a significant impact on its price. High liquidity is a desirable characteristic in trading because it means that there are a large number of buyers and sellers actively participating in the market, making it easier to execute trades efficiently. "No" means the opposite.
Markup (pips): Instead of charging separate commissions for each order, we include our fees in the market spread. We apply a small markup to the market spread, which tends toward 0.3%* of the instrument’s value. This markup is automatically included in the price you see when you trade. Read about applied markup in this article.
Trading hours refer to the specific times during which a financial market or exchange is open for buying and selling financial instruments. All orders are executed only during the instruments trading hours (server time). Order management after and before trading sessions: place and modify Take Profit, Stop Loss, Limit, and Stop even when the market is closed. They will be executed after the trading session starts.