Loading Apex Markets
Shares
American Resources Corporation - Class A
American Resources Corporation - Class A
Contract specification
These are the terms the engine actually applies. Trading groups may widen the spread or reduce the leverage ceiling for a given account, never the reverse.
| Contract sizeUnits of the base asset per 1.00 lot | 1 USD |
|---|---|
| Minimum / maximum lotStep 1.00 | 1.00 – 100,000 |
| Pip sizeQuoted to 2 decimal places | 0.01 |
| Value of one pipPer 1.00 lot, in the quote currency | 0.01 USD |
| Typical spreadStandard account, before group markup | 1.0 pips |
| CommissionRaw, ECN and Professional accounts | None — spread only |
| Maximum leverageInitial margin 0.20% of notional | 1:500 |
| Margin on one lotNotional $2.64 at the current price | $0.01 |
| Swap longPer lot per night, in the quote currency. Wednesday rolls carry triple swap. | 0.000 USD |
| Swap shortPer lot per night, in the quote currency. Wednesday rolls carry triple swap. | 0.000 USD |
Mon–Fri 13:30 – 20:00 UTC
Open now · session peak
Where a figure is a band, the cost depends on the leverage you open at. The spread is at its widest at that account type’s maximum leverage; the desk commission is at its tightest there, because the keener books that charge one are only open below it.
Compare all account types →AREC is modelled at 10.0% annualised. Position sizing should account for the fact that one standard lot moves 0.01 USD per pip.