01
Forex
EUR/USD
70+
Currency pairs
JB Management gives you access to 3,000+ instruments across five asset classes: currencies, stock indices, precious and industrial metals, energies and shares. All instruments are traded as contracts for difference: you take the financial result of a change in the price of the underlying asset without acquiring the asset itself.
one account
02
Indices
S&P 500
30+
Global indices
03
Metals
Gold
10+
Metals
04
Energy
Brent
10+
Energies
05
Stocks
Apple
3 100+
Shares
CFd
A contract for difference is an agreement between the trader and the broker to exchange the difference in an asset's price between the opening and closing of a position. The underlying asset is never acquired.
| Parameter | CFD | Buying the currency |
|---|---|---|
| Ownership of the asset: |  |  |
| Ability to trade a falling market: | | |
| Leverage: | | |
| Overnight financing charge: | | |
| Shareholder rights: | | |
| Holding period: | hours to weeks | unlimited |
In short:
CFDs are designed for intraday and medium-term horizons. Holding a position long-term becomes expensive as swap charges accumulate.
FOREX
70 currency pairs available: majors, crosses and exotics.
Instrument
Average VIP spread
Contract size
Max. leverage
Pip value per lot
EUR/USD
spread 0.0
contract 100,000
leverage 1:30
pip 10 US dollars
GBP/USD
spread 0.2
contract 100,000
leverage 1:30
pip 10 US dollars
USD/JPY
spread 0.1
contract 100,000
leverage 1:30
pip approx. 6.3 US dollars
USD/CHF
spread 0.3
contract 100,000
leverage 1:30
pip approx. 11 US dollars
EUR/GBP
spread 0.4
contract 100,000
leverage 1:30
pip approx. 12 US dollars
AUD/USD
spread 0.3
contract 100,000
leverage 1:30
pip 10 US dollars
USD/TRY
spread 35.0
contract 100,000
leverage 1:20
pip variable
INDICES
Index CFDs give you exposure to the broad market in a single trade.
GER40
DAX 40
▲
spread 0.8leverage 1:20trading 08:00 to 22:00 CET
US500
S&P 500
▲
spread 0.4leverage 1:20trading 00:00 to 23:00 CET
US100
Nasdaq 100
▲
spread 1.0leverage 1:20trading 00:00 to 23:00 CET
UK100
FTSE 100
▼
spread 1.0leverage 1:20trading 09:00 to 23:00 CET
FRA40
CAC 40
▲
spread 1.0leverage 1:20trading 08:00 to 22:00 CET
JP225
Nikkei 225
▲
spread 7.0leverage 1:20trading 01:00 to 23:00 CET
Index quotes are delayed by up to 15 minutes and refresh every 30 seconds. Change is measured against the previous session close.
INDICES
METALS
GOLD XAU/USD
SPREAD 0.12$CONTRACT 100 ozLEVERAGE 1:20
SILVER XAG/USD
SPREAD 0.02$CONTRACT 5000 ozLEVERAGE 1:20
PLATINUM XPT/USD
SPREAD 0.35$CONTRACT 100 ozLEVERAGE 1:10
PALLADIUM XPD/USD
SPREAD 0.35$CONTRACT 100 ozLEVERAGE 1:10
ENERGY
WTI
SPREAD 0.03$CONTRACT 100 ozLEVERAGE 1:10
Brent
SPREAD 0.03$CONTRACT 1000 ozLEVERAGE 1:10
NATURAL GAS
SPREAD 0.005$CONTRACT 10 000 ozLEVERAGE 1:10
Energy contracts have an expiry date. Positions are rolled over automatically to the next contract with an adjustment for the price difference; the rollover mechanism is described in the contract specifications.
STOCKS
NYSE, NASDAQ, Xetra, Euronext and the London Stock Exchange.
Stocks
Maximum leverage
%
Commission from
Minimum leverage
AAPL
Apple Inc
NVDA
NVDIA Corp
TSLA
Tesla, Inc
MSFT
Microsoft Corp
AMZN
Amazon.com.Inc.
META
Meta Platforma
Dividend adjustment
- Long position
- Adjustment is credited
- Short position
- Adjustment is debited
Rights under a CFD
A share CFD does not carry voting rights at shareholder meetings
specifications
The full table with every parameter for each instrument: ticker, contract size, minimum and maximum volume, step, average spread, commission, swap rates for long and short positions, margin requirement, trading hours and expiry date.
EUR/USD Euro / US dollar | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.0 | 7 $ / lot | -7.20 | 2.10 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBP/USD Pound sterling / US dollar | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.2 | 7 $ / lot | -5.10 | 0.80 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
USD/JPY US dollar / Japanese yen | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.1 | 7 $ / lot | 12.50 | -24.30 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
USD/CHF US dollar / Swiss franc | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.3 | 7 $ / lot | 6.80 | -13.50 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
EUR/GBP Euro / Pound sterling | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.4 | 7 $ / lot | -6.40 | 1.20 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
AUD/USD Australian dollar / US dollar | Forex | 100 000 | 0.01 | 100 | 0.01 | 0.3 | 7 $ / lot | -3.90 | 0.50 | 3.33% | Sun 23:00 – Fri 22:00 CET | None |
USD/TRY US dollar / Turkish lira | Forex | 100 000 | 0.01 | 100 | 0.01 | 35.0 | 7 $ / lot | -1 850.00 | 620.00 | 5% | Sun 23:00 – Fri 22:00 CET | None |
GER40 DAX 40 | Indices | €1 × point | 0.1 | 50 | 0.1 | 0.8 | 0 | -2.85 | -1.10 | 5% | Mon–Fri 08:00 – 22:00 CET | None |
US500 S&P 500 | Indices | $1 × point | 0.1 | 50 | 0.1 | 0.4 | 0 | -0.62 | -0.18 | 5% | Mon–Fri 00:00 – 23:00 CET | None |
US100 Nasdaq 100 | Indices | $1 × point | 0.1 | 50 | 0.1 | 1.0 | 0 | -2.30 | -0.70 | 5% | Mon–Fri 00:00 – 23:00 CET | None |
UK100 FTSE 100 | Indices | £1 × point | 0.1 | 50 | 0.1 | 1.0 | 0 | -1.05 | -0.40 | 5% | Mon–Fri 09:00 – 23:00 CET | None |
FRA40 CAC 40 | Indices | €1 × point | 0.1 | 50 | 0.1 | 1.0 | 0 | -0.95 | -0.35 | 5% | Mon–Fri 08:00 – 22:00 CET | None |
JP225 Nikkei 225 | Indices | ¥100 × point | 0.1 | 50 | 0.1 | 7.0 | 0 | -6.80 | -2.10 | 5% | Mon–Fri 01:00 – 23:00 CET | None |
XAU/USD Gold | Metals | 100 oz | 0.01 | 50 | 0.01 | 0.12 $ | 0 | -35.20 | 12.60 | 5% | Mon–Fri 00:00 – 23:00 CET | None |
XAG/USD Silver | Metals | 5 000 oz | 0.01 | 50 | 0.01 | 0.02 $ | 0 | -4.80 | 1.90 | 5% | Mon–Fri 00:00 – 23:00 CET | None |
XPT/USD Platinum | Metals | 100 oz | 0.01 | 50 | 0.01 | 0.35 $ | 0 | -9.50 | 2.10 | 10% | Mon–Fri 00:00 – 23:00 CET | None |
XPD/USD Palladium | Metals | 100 oz | 0.01 | 50 | 0.01 | 0.35 $ | 0 | -18.00 | 4.20 | 10% | Mon–Fri 00:00 – 23:00 CET | None |
WTI WTI crude oil | Energy | 1 000 barrels | 0.01 | 50 | 0.01 | 0.03 $ | 0 | -8.40 | -3.20 | 10% | Mon–Fri 00:00 – 23:00 CET | Monthly, auto-rollover |
BRENT Brent crude oil | Energy | 1 000 barrels | 0.01 | 50 | 0.01 | 0.03 $ | 0 | -7.90 | -2.80 | 10% | Mon–Fri 02:00 – 23:00 CET | Monthly, auto-rollover |
NATGAS Natural gas | Energy | 10 000 MMBtu | 0.01 | 50 | 0.01 | 0.005 $ | 0 | -6.10 | -2.40 | 10% | Mon–Fri 00:00 – 23:00 CET | Monthly, auto-rollover |
AAPL Apple Inc | Stocks | 1 share | 1 | 5 000 | 1 | 0.05 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
NVDA NVIDIA Corp | Stocks | 1 share | 1 | 5 000 | 1 | 0.06 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
TSLA Tesla, Inc | Stocks | 1 share | 1 | 5 000 | 1 | 0.12 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
MSFT Microsoft Corp | Stocks | 1 share | 1 | 5 000 | 1 | 0.08 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
AMZN Amazon.com Inc | Stocks | 1 share | 1 | 5 000 | 1 | 0.07 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
META Meta Platforms | Stocks | 1 share | 1 | 5 000 | 1 | 0.12 $ | 0.10%, min. €4.95 | -0.021% | -0.007% | 20% | Mon–Fri 15:30 – 22:00 CET | None |
Volume is shown in lots, or in shares for stocks. Swaps are in points per lot per night, or for shares as a percentage of the position value per day; a triple swap is charged on Wednesday night. Swap rates are recalculated daily and the current values are shown in the trading platform.
F & Q
3,220+ instruments: 70+ currency pairs, 30+ indices, 10+ metals, 10+ energies and 3,100+ shares.
Yes, on every instrument. A CFD lets you sell without first buying the asset.
For a pair quoted in US dollars with a standard lot of 100,000 units, one pip is worth 10 US dollars. If the quote currency is different, the result is converted into the account currency at the current rate.
The position is rolled over to the next contract. The price difference between the expiring and the new contract is offset by an adjustment on the account, so the client's financial result is not affected by the rollover itself.
Long positions are credited with an adjustment equal to the dividend net of tax; short positions are debited the same amount. CFDs carry no voting rights.
The foreign exchange market is closed from Friday evening until Sunday evening. Trading hours for the other instruments are set out in the contract specifications.