Trading Conditions

Platform
MT5
MT5
Execution
Market Execution
Market Execution
MT5Floating spreads
Minimum: 5.00Average: 5.18
Market Hours*Closed Now
Market Hours*Closed Now
TickerSPCE.N
Limit and Stop Level5
1 tick value per share0.01 USD
Minimum contract size20 share
CommissionNo
Minimum Price Fluctuation0.01 USD
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.

Virgin Galactic Holdings is a super popular American space company founded by Richard Branson, owner of the British Virgin Group.

It develops its own commercial spacecraft and seeks to provide space tourists with suborbital flights. The SPCE.N spacecraft is launched from a carrier aircraft known as the White Knight Two.

Virgin Galactic's maiden space flight took place in 2018 with the VSS Unity spacecraft.

On July 11th, 2021, company founder Richard Branson and three other employees flew as passengers. This is the first precedent in history when the founder of a space company went on his own ship into outer space.

Regular paid passenger flights are scheduled to begin in 2022, following the completion of two more test flights.

Many investors are looking to add Virgin Galactic Holdings to their portfolios. On FxPro platforms, you can not only buy but also sell these assets due to the CFD format. Our traders also have access to margin trading with leverage. You can find more information regarding leverage on our website.

Before you choose a stock for trading, we recommend paying attention to the online chart on this page or in the platforms and checking the trading conditions above.

Keep a close eye on corporate news, as well as the results of company reports, which are published in the Dividend & Earnings Calendar. These data usually have a significant impact on the value of shares. You have the opportunity to receive the dividend amount in your trading account, if at the time of the official payment you have a Buy trade. (minus withholding taxes). Please also note that with an open Sell trade, your account will be debited by the dividend amount. This is calculated according to the number of shares you are trading.

Start trading SPCE.N CFD Stocks with a global broker today!