GBPCHF CFD Contract Details Revealed by MEXC
The GBPCHF CFD trading contract allows investors to speculate on the value of Great Britain Pound (GBP) against the Swiss Franc (CHF) without actually owning either currency. This contract is offered by MEXC and has a minimum order size of 0.01, with a maximum order size of 100.
The spread for this contract is listed as infinity, indicating that it may be highly volatile or subject to certain restrictions. The leverage available is up to 500:1, which means that investors can control larger positions with smaller amounts of capital.
The maintenance margin for both buying and selling is 0.20%, meaning that investors will need to maintain at least this percentage of the contract's value in their account balance to avoid liquidation. Swap fees are also incurred, with a long swap fee of 4.62 points and a short swap fee of -19.563 points.
The trading hours for GBPCHF CFD are Monday through Friday from 5:00 AM to 10:00 PM GMT, with Saturday hours being 12:00 AM to 7:00 AM GMT. Sunday is closed for trading.