Dear clients, To streamline trading accounts’ servicing in the MetaTrader 4 and MetaTrader 5 platforms, AMarkets will modify the contract size for indexes on the weekend of July 15-16. After the update, 1 lot will be equal to 1 contract for most indices. If you already have open positions, their volume will be increased proportionally*. These changes will allow you to calculate position value much faster and trade indices with a smaller deposit.
The contract size will be updated for the following instruments:
|Symbol||Current contract size||New contract size|
For example, you have a BUY position of 0.77 lot in the S&P 500 index. After the changes, the volume of your position will be increased 50-fold to 38.5 lots. At the same time, the contract size will be reduced by a factor of 50. As a result, you will still have a BUY position in S&P 500 with a position size of 38.5 contracts.
Trade indexes on the best terms with AMarkets!