IPG Photonics Corp

Instrument specification in OANDA TMS Brokers

Name
IPGP_CFD.US
Description
IPG Photonics Corp.
Type
Equities US
Contract size / 1 lot
Price * 1 USD
Value of 1 pip
0.01
Minimal step
0.01
Short sale
YES
Distance SL and TP
0
Minimum order value
1
Maximum order value
607
Transaction Step
1
Trading Hours
monday-friday 15:31-21:59
Deposit required
20%
Financial leverage
5:1
Long swap (daily)
-0.02317%
Short Swap (daily)
0.00511%
3-day swap (date)
5
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.