GOOGLE specification
The numbers you need before sizing a position in GOOGLE — contract size, what one point is worth, and which accounts carry it. These are our live platform specs, not generic figures.
What one lot actually means
One standard lot of GOOGLE is 1 share. Price is quoted to 2 decimal places, so the smallest increment is 0.01.
That makes one point worth about 0.01 USD per standard lot, and roughly 0.0001 USD on the 0.01 minimum lot. Multiply by your lot size to get your real exposure per point before you open anything.
A worked example
Take a 100-point move in GOOGLE — that is 1 in price terms. On one standard lot that is 1 USD. On 0.10 lots it is 0.1 USD, and on the 0.01 minimum lot 0.01 USD. Those are the numbers your stop distance is actually spending.
Where it trades
GOOGLE is available on our Standard account types, on both MT4 and MT5. Spreads and commission differ by account type — Standard carries the cost in the spread, Zero quotes tighter with a per-lot commission.
Positions held past the daily close accrue overnight financing. Swap-free (Islamic) status is available on request on any account type and is applied to your individual account, not to the account type — an account that has not been placed in a swap-free group accrues swap normally.
Sizing a position
Decide the money you are willing to lose on the trade first, then divide by your stop distance in points to get the lot size your account can carry. Choosing the lot size first and fitting the stop around it is how accounts disappear.
Common questions
What is the contract size for GOOGLE?
1 share per standard lot.
What is one point worth on GOOGLE?
About 0.01 USD per standard lot, and around 0.0001 USD on the 0.01 minimum lot.
Can I trade GOOGLE swap-free?
Yes — swap-free is available on request on any account type. It is applied to your individual account rather than granted automatically, so an account not in a swap-free group accrues overnight financing.
Is GOOGLE available on MT4 and MT5?
Yes, on both platforms.