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Contracts Specifications

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T1 Trading

Forex

Contract Specifications Swap Rates
Instrument Min. Price Fluctuation Size of 1 Lot Min Lot Size Pip Value in USD Leverage (Retail clients) short positions (bid) long positions (ask)
EUR/USD 0.00001 100 000 EUR 0.01 10 USD 1:30 1.13000 -4.80000
USD/CHF 0.00001 100 000 USD 0.01 10 / USDCHF 1:30 -6.45000 0.87000
EUR/GBP 0.00001 100 000 EUR 0.01 10 * GBPUSD 1:30 0.60000 -7.95000
USD/JPY 0.001 100 000 USD 0.01 1000 / USDJPY 1:30 -2.40000 0.27000
GBP/USD 0.00001 100 000 GBP 0.01 10 USD 1:30 0.07000 -2.10000
AUD/USD 0.00001 100 000 AUD 0.01 10 USD 1:20 -0.90000 -2.25000

* Swap values are expressed in USD per 1 standard lot and updated weekly.
Swaps applied to trading accounts are automatically converted in the base currency of the account.
* You can also view the daily swap values in the Market Watch window of your MT4 platform. To do that, right-click on the symbol you are interested in and select Specification. Swap values displayed on MT4 are expressed in MT4 points and not in USD.
- For pairs where the countercurrency is USD, the two values will be the same, as the value of 1 point is 1 USD. For example, if we look at EURUSD and see "Swap Short" of 1.2 points, you will see the same value of 1.2 USD in the table above.
- For pairs where USD is not the counter currency, the values would be differend, as the point value is always expressed in the countercurrency. For example, if we look at EURGBP on MT4, we may see "Swap Short" value of 0.6, this would mean 0.6 GBP swap per lot. To get the USD value, we would need to convert 0.6 into USD using the GBPUSD rate.
* For ease of reference, we publish swap rates online in USD, using the closed of business exachnage rates from the previous day. For this reason, there may be slight deviations from the amount published on the website and the amount charged on your account, as the point value will be converted into your account's base currency at the applicablt exchange rates at rollover time.
* Triple swap is applied at Wednesday rollover to all FX pairs, Gold and Silver, in order to account for weekend rollovers. Triple swap is applied on Friday for all CFDs
on Indices. Triple swap does not apply to XBRUSD, XTIUSD and XNGUSD.
* Subject to National Holidays in the respective country or to other changes in market conditions, the day on which triple swap is applied or the swap may change
or swap may be applicable in different proportion. Please ensure to regularly check our Weekly Swap Calendar for further details.

T1 Trading

CFDs on Indices

Contract Specifications Financing Charges
Symbol Description / Underlying Index Currency Lot Size Min / Max Size* Tick Size Leverage short positions (bid) long positions (ask)
EUSTX50 A stock index of Eurozone blue-chip stocks with a goal to provide sector leaders in the Eurozone / EURO STOXX50 EUR 1 Contract 1 / 500 1 index point 1:20 -0.44000 -0.24000
GER30 A stock market index consisting of 30 German companies trading on the Frankfurt Stock Exchange / DAX EUR 1 Contract 1 / 1 000 1 index point 1:20 -1.67000 -0.92000
JPN225 A stock market index for the Tokyo Stock Exchange based on 225 Japanese companies / Nikkei 225 JPY 1 Contract 1 / 25 000 1 index point 1:20 -217.50000 -198.00000
NAS100 A US stock market based on technical companies / Nasdaq USD 1 Contract 1 / 2 500 1 index point 1:20 -0.92000 -1.05000
SPA35 A benchmark stock market index of Spain’s principal stock exchange / IBEX 35 EUR 1 Contract 1 / 250 1 index point 1:10 -1.02000 -0.56000
UK100 An index of 100 high capitalization companies listed on the London Stock Exchange / FTSE 100 GBP 1 Contract 1 / 1 000 1 index point 1:20 -0.69000 -0.72000
UKOIL Brent Crude Oil USD 1 Contract 10 / 1000 1 index point 1:10 -6.90000 -4.14000
US500 A US stock market index based on 500 leading companies / S&P 500 USD 1 Contract 1 / 5 000 1 index point 1:20 -0.27000 -0.32000
US30 A US stock market with 30 component companies / DJIA USD 1 Contract 1 / 1 000 1 index point 1:20 -2.27000 -2.64000
USOIL West Texas Intermediate Crude Oil USD 1 Contract 10 / 1000 1 index point 1:10 2.78000 -18.80000
USBKT The value of the U.S. dollar relative to the value of a basket of currencies USD 1 Contract 1 / 250 1 index point 1 : 50 -1.19000 -1.01000

* Lot size: 1 standard lot on MT4 equals 1 contract of the traded CFD
* Swaps: Overnight financing costs. Triple swap is applied on Friday for all CFDs, in order to account for weekend rollovers.
* Swap values are expressed in USD per contract and updated weekly. Please refer to MT4 swap value explanation in the previous section above.
* Subject to National Holidays in the respective country or to other changes in market conditions, the day on which triple swap is applied may change or swap may be applicable in different proportion. Please ensure to regularly check our Weekly Swap Calendar for further details.
* Dividends: CFDs trades are subject to ex-dividend adjustments. If you have an open position in a CFD at rollover and a constituent of that index announces a dividend, your account will be credited or debited on the day the underlying stock goes ex-dividend. If you are holding a long position, you will receive a positive ex-dividend adjustment and if you are holding a short position - a negative one. Dividend projections and ex-dividend days are publicly available. If you require further details, please contact us at support@tier1fx.com.
* USBKT is not available to retail clients

T1 Trading

CFDs on Cryptos

Contract Specifications Financing Charges
SYMBOL DESCRIPTION CURRENCY LOT SIZE TICK SIZE MIN / MAX SIZE LEVERAGE short positions (bid) long positions (ask)
XBT/USD Bitcoin vs USD USD 1 XBT 0.001 0.1 / 5 1:2 -12.69170 -12.89030
XBN/USD Bitcoin Cash vs USD USD 1 XBN 0.001 1 / 10 1:2 -0.21680 -0.22010
XET/USD Ethereum vs USD USD 1 XET 0.001 1 / 10 1:2 -0.41810 -0.42500
XLC/USD Litecoin vs USD USD 1 XLC 0.001 1 / 10 1:2 -0.06070 -0.06170
XRP/USD Ripple vs USD USD 1 XRP 0.00001 1 / 10,000 1:2 -0.00040 -0.00040

* Financing charges are based on 1 month US Libor +25% and triple charge applies on Thursday.
* Subject to National Holidays in the respective country or to other changes in market conditions, the day on which triple swap is applied may change or swap may
be applicable in different proportion. Please ensure to regularly check our Weekly Swap Calendar for further details.

T1 Trading

Weekly Swaps Calendar

Contract Specifications Financing Charges
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
#EUR/USD 2 0 3 1 1 0 0
#USD/CHF 2 0 3 1 1 0 0
#EUR/GBP 2 0 3 1 1 0 0
#USD/JPY 2 0 3 1 1 0 0
#GBP/USD 2 0 3 1 1 0 0
#AUD/USD 2 0 3 1 1 0 0

Subject to National Holidays in the respective country or to other changes in market conditions, the day on which triple swap is applied may change or swap may be applicable in different proportion. Please ensure to regularly check our Weekly Swap Calendar for further details.