Frequently asked questions
Cattle (CATTLE) is a Financial Instrument CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required.
The target spread on CATTLE at SimpleFX is 0.09 pips. SimpleFX uses a spreads-only pricing model with no additional commissions.
CATTLE can be traded with up to 1:100 leverage on SimpleFX, which corresponds to a margin requirement of 1.00%. Leverage amplifies both potential gains and losses.
CATTLE positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument.
The standard contract size for CATTLE on SimpleFX is 400. Position sizes are calculated based on this contract unit.
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