Trading Conditions

Platform
MT5
MT5
Execution
Market Execution
Market Execution
MT5Floating spreads
Minimum: 39.00Average: 50.51
Market Hours*Closed Now
Market Hours*Closed Now
TickerICAG.L
Limit and Stop Level4
1 tick value per share0.01 GBX
Minimum contract size0.01 share
CommissionNo
Minimum Price Fluctuation0.01 GBX
Minimum step for increasing contract size0.01 share
Margin requirements to open a lock position *0
Maximum Trade Size1000
Maximum exposure per share per account, USD100 000

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

How we execute Share CFDs

When you open a share CFD position with us, it will be aggregated and matched with other FxPro clients’ positions in the same market. Any excess exposure from our predefined in-house limits is hedged with our liquidity providers.

Minimum Trade size

The minimum trade size for Shares CFDs varies depending on the specific stock, with 1.0 lot being equal to 1 share.

Corporate Actions

Stock CFDs are not physical shares thus do not hold any voting rights. Price adjustments may be applied to eliminate the impact on clients’ trading accounts from a corporate action. Margin requirements may be subject to change before earnings announcements or any corporate action.

Swaps

Swap rates are calculated based on the interbank rate of the underlying stock’s base currency plus/minus a mark-up (FxPro interest). For example, long positions will be charged with the relevant interbank rate plus the mark-up, while short positions will receive the relevant interbank rate minus the mark-up and borrow fee (depending on the short interest of the underlying stock).

Trading hours

Trading hours for shares are defined by the market hours of the relevant exchange. However, please note that FxPro shall delay market opening by 1 minute and close early by 1 minute to avoid the increased spreads witnessed during these times. Therefore the trading times are as follows:

UK/European Shares: 08:01-16:29
American Shares: 14:31 to 20:59
*UK time

Dividends

Dividends If you hold an open position on shares or Indices at the start of the business day (Server Time 00:00), which coincides with the ex-date of the respective underlying asset, a dividend is paid (or charged in the case of short positions). For Buy positions, the payment will be net of any withholding tax implications.
Withholding taxes depend on the country where the stock is domiciled, and clients are responsible for reporting withholding taxes in their respective country of residence.

International Consolidated Airlines Group is one of the most renowned airlines in the world. This global holding was formed relatively recently, only in 2011 due to the merger of the brands you probably know, British Airways (Britain) and Iberia (Spain). As a reconciliation of the two international parties, it was decided to open the headquarters in London and register a new company in Madrid.

Due to the experience of the creators, immediately after the company was founded in January 2011, ICAG.L went public, immediately entering the FTSE 100 index. After four months, the brand also took an honourable place in the list of the 35 largest companies on the Madrid Stock Exchange, entering IBEX 35.

You can join this market by opening an account with FxPro and proceeding to the trading platform or app. Our clients can Buy and Sell CFD on shares and speculate on the changes in the asset price. This is convenient because you can set the trade volume by yourself, as well as any stop loss or take profit levels.

First, take a look at the online chart and decide whether to include International Consolidated Airlines Group in your trading portfolio. Like all hot stocks, they can be extremely volatile, so be aware of risk management rules. This and more is covered in this free online training course on the FxPro website.

If you need help, you can always contact the FxPro support team by phone, email or online chat. Please note that the share price shown on this page is for informational purposes only. You can find the most accurate Bid and Ask quotes directly on the FxPro trading platforms.

Among the additional tools helping you make informed decisions are the Economic and Dividend Calendar and analytical resources provided by FxPro.

Start Trading CFD on ICAG.L Stocks with the global broker Today!