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February 27, 2016

Question:What is the pip value/price of commodity CFDs on XM MT4/MT5?

XM - What's now?

XM has updated the maximum leverage to 1:1000 in June 2022.

Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.

Answer:

Each commodity has different lot(pip) values and units.

XM offers 8 commodities and the lot value for each instrument is as below.

Commodity 1 lot value Required Margin per lot
US Cocoa(COCOA) 1 Metric Ton USD 70
US Coffee(COFFE) 10000 LBS USD 300
US Corn(CORN) 400 Bushels USD 35
US Cotton(COTTO) 10000 LBS USD 125
High Grade Copper(HGCOP) 2000 LBS USD 100
US Soybeans(SBEAN) 400 Bushels USD 80
US Sugar(SUGAR) 10000 LBS USD 100
US Wheat(WHEAT) 400 Bushels USD 50

XM requires fixed margin for opening positions of commodities.

If you are not sure about the lot value, you may want to find out by opening a XM demo account.

XM also offers an online calculator in the Official Website.

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