Silver vs. US Dollar

Contract specifications

Parameters Alpari Standard Alpari Micro Alpari ECN Alpari ECN MT5
Minimum Spreads 3.3 4.6 3.6 3.6
Typical Spreads 3.3 4.6 2.3 3.6
Contract Size per Lot 5000 50 5000 5000
Minimum Lot Size 0.01 0.01 0.01 0.01
Price Minimum Increment 0.001 0.001 0.001 0.001
Contract Size Minimum Increment 0.01 0.01 0.01 0.01
Pip Value per 0.01 lot 0.5 0.005 0.5 0.5
1 pip value (pips) 0.01 0.01 0.01 0.01
Margin 0.2 0.2 0.2 0.2
Hedged Margin 50 50 50 50
Swap Short 0.34 0.34 0.34 0.34
Swap Long -0.47 -0.47 -0.47 -0.47
Opening 01:05:00 01:05:00 01:05:00 01:05:00
Closing 23:55:00 23:55:00 23:55:00 23:55:00
Trading Recess 23:55:00 - 01:05:00 23:55:00 - 01:05:00 23:55:00 - 01:05:00 23:55:00 - 01:05:00
Order Status GTC GTC GTC GTC
Margin Group Spot Metals Spot Metals Spot Metals Spot Metals
Swap Free (Daily Fee), USD per lot -6 -6 -6 -6
Swap Free days allowance 7 7 7 7