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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

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Nickel ($1 Mini Contract)

RING=

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  • Costs and details
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Minimum size 0.05

Contract size RIN 6

One Pip means 1 $ per tonne

Value of one Pip USD 6 (GBP 4.51)

Margin 40%

Minimum stop distance 42

Minimum guaranteed stop distance 5.0%

17:02 - 03:59 (Australian - Melbourne Local Time)

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 10 Contracts - USD 40%
2 10 - 20 Contracts - USD 40%
3 20 - 30 Contracts - USD 40%
4 30 + Contracts - USD 40%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Closing Only

Pricing for this market is based on the 3 month forward quotes for the underlying instrument
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1Based on revenue excluding FX(published half yearly financial statements, June 2020)

2Number 1 in Australia by primary relationships, FX, Investment Trends November 2023 Leveraged Trading Report

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Disclaimers

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You do not own or have any interest in the underlying asset. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider the Margin Trading Product Disclosure Statement (PDS), Risk Disclosure Notice and Target Market Determination before entering into any CFD transaction with us.
  • The value of shares, ETFs and ETCs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
  • Please ensure you fully understand the risks and take care to manage your exposure.
  • The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs.
  • This website is operated by IG Australia Pty Ltd. IG Australia Pty Ltd is located on Level 32, Queen & Collins, 376-390 Collins Street, Melbourne, VIC 3000. ABN 93 096 585 410, Australian Financial Services Licence No. 515106. Derivatives Issuer Licence in New Zealand FSP No. 684191, NZBN 9429047618251.