XM does not provide services to residents of the United States of America.
Why Trade SMI 20 (SWI20) with XM?
At XM we offer SMI 20 (SWI20) as cash and futures CFDs. Our cash index CFDs are undated transactions that aim to replicate the cash price of the underlying index, and so they are adjusted for interest and dividends. Index futures CFDs expire on specific future dates and are cash-settled on the expiry date.
Trading Conditions
SWI20 Cash |
|
|---|---|
| Min Margin Percentage | 10% |
| Spread as low as (quote currency) | 3.75 |
| Symbols | SWI20Cash |
| Description | Switzerland 20 |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | 0.01 CHF |
| Value of 1 lot | 1 Switzerland 20 index |
| Spread as low as (quote currency) | 3.75 |
| Min/Max Trade Size MT4 | 0.1/12,500 |
| Min/Max Trade Size MT5 | 0.1/80 |
| Swap Value in Margin Currency Long | -1.3 |
| Swap Value in Margin Currency Short | -0.67 |
| Limit and Stop Levels | 0 |
SWI20 Future |
|
|---|---|
| Min Margin Percentage | 10% |
| Spread as low as (quote currency) | 6.80 |
| Symbols | SWI20 |
| Description | Switzerland 20 |
| Min. Price Fluctuation | 0.01000 |
| Value of Minimum Price Fluctuation | 0.01 CHF |
| Value of 1 lot | 1 Switzerland 20 index |
| Spread as low as (quote currency) | 6.80 |
| Min/Max Trade Size MT4 | 1/12,500 |
| Min/Max Trade Size MT5 | 0.1/80 |
| Limit and Stop Levels | 0 |
Weekday 09:05 - 22:55 (GMT +2)
Monday Open 09:05 (GMT +2)
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Friday Close 22:55 (GMT +2)
** Only if Margin Level is over 100%
How to Start Trading SMI 20 (SWI20)?
Step 1
Open an XM Real Account
Step 2
Step 3
Double-click on SMI 20 (SWI20) from the “Market Watch” to open an order for this instrument.
