TRADING INSTRUMENTS
Stocks
INSTRUMENTS TRADING
The Benefits of Shares:
- Access to major US Stock Exchanges
- Go long or short on any Share
- No exchange or data feed fees
- Receive share dividends without actual ownership of the asset
- Suitable for both short and long-term strategies
Instrument Specifications
| Instrument | Description | Avg. Spread pips |
Commission side/lot |
Margin Requirements fixed |
Contract Size per lot |
Minimum Tick Size | Long Swap Percentage |
Short Swap Percentage |
|---|---|---|---|---|---|---|---|---|
| AAPL.US | Apple | 0.5 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| AMZN.US | Amazon Com | 0.7 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| C.US | Citigroup | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| EBAY.US | Ebay | 0.6 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| META.US | 0.6 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 | |
| FDX.US | Fedex | 0.9 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| GOOG.US | Alphabet Inc Class C | 0.4 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| GS.US | Goldman Sachs Group | 1.1 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| HPQ.US | HP Inc | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| IBM.US | IBM | 0.4 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| INTC.US | Intel | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| JNJ.US | Johnson&Johnson | 0.8 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| JPM.US | Jp Morgan Chase | 0.5 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| KO.US | Coca-Cola | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| MA.US | Mastercard Cl A | 1.4 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| MCD.US | Mcdonalds | 0.7 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| MSFT.US | Microsoft | 0.5 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| NFLX.US | Netflix | 0.9 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| NIO.US | NIO Inc | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| NVDA.US | NVIDIA Corporation | 0.6 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| PFE.US | Pfizer | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| SONY.US | Sony Corporation | 0.7 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| T.US | AT&T | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| TSLA.US | Tesla Motors | 0.4 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| V.US | Visa | 1.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| BABA.US | Alibaba | 0.4 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| ILMN.US | Illumina | 1.8 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| PG.US | Procter &Gamb | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
| XOM.US | Exxon Mobil | 0.3 | 0 | 10% | 1 | 0.01 | -2.5 | -2.5 |
Trading Conditions
Indices Trading Sessions
(GMT+2 time zone, please note that DST apply in the summer) Open: Monday 16:35 | Close: Friday 22:55
Spreads
Spreads at Axon Markets are floating, view the real-time spreads from your trading platform. The average spreads indicated in the above table are calculated throughout the day to represent the average daily spread for each symbol. Despite our best efforts to offer reasonable spreads during all trading hours, clients should be aware that these are subject to change depending on underlying market conditions. The above is provided for indicative purposes only, spreads may widen as a result of important news announcements, political uncertainty, unexpected events that can lead to volatile market conditions, or at the open/close of the business day when there is less liquidity.
Margin requirements (fixed)
Margin requirements for all shares are fixed at 10%, irrespective of your account's leverage.
Please note that in extreme market conditions the company reserves the right to increase the margin requirements of its products.
Swaps
There is an overnight (rollover) amount deducted or added to your account for holding a trade position open overnight, commonly referred to as the 'Swap'. Swap also applies to non-FX instruments, due to the fact that all instruments are traded in a particular currency which incurs an interest rate. When the swap rate is negative, the amount is subtracted from the trading position. The amount is credited when the swap rate is positive. In the trading terminal, the swap is automatically converted into the account's deposit currency.
Swap operations are conducted at midnight 00:00 Server time (GMT+2 time zone, please note DST may apply) and can take several minutes. On Fridays Swaps are charged for three days to cover the weekend.
Commissions
Axon Markets does not charge any trading commission for the Standard account.
Need Help?
More information is available in the FAQs below
Direct access to Major US Stock markets
A range of US Shares without exchange fees
A share is a security that represents the ownership of a fraction of a company. A shareholder has now purchased a piece of the company and, depending on the type of shares held, may be entitled to a portion of its assets and income. In other words, a shareholder is now an owner of the issuing corporation. The degree of ownership is determined by the number of shares a person owns in relation to the number of shares outstanding. For example, if a company has 5,000 shares outstanding and a person owns 500 shares, that person would own and be entitled to 10% of the assets and income of the company.
