Trading Conditions

Market Execution
Market Execution
MT5Floating spreads
Minimum: 7.00Average: 7.20
Market Hours*Closed Now
Market Hours*Closed Now
Limit and Stop Level4
1 tick value per share0.01 USD
Minimum contract size20 share
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.


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 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.

Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Petróleo Brasileiro SA - ADR, through our CFDs Product. This is the largest Brazilian state-controlled oil and gas company.

According to the official open sources, the company’s history began in 1953. Headquarters is located in Rio de Janeiro, Brazil.

On average, the company produces more than 2 million barrels of oil per day. The company was founded on the initiative of Brazilian President Getulio Vargas and received monopoly rights to explore, produce and process oil in the country.

In 1968, in the Atlantic Ocean off the southeaster coast of Brazil, large reserves of oil were discovered in the Campus basin. Their development by Petrobras began in 1971.

In 1993, Petrobras entered the Argentine market by creating a subsidiary Petróleo Brasileiro SA - ADR, which was engaged in the exploration, production, transportation, processing, and sale of oil and petroleum products.

In 1997, by amending Brazil’s constitution, Petróleo Brasileiro SA - ADR was deprived of a monopoly on oil and gas production in Brazil; however, in 2015, the company controlled more than 90% of the country's oil production.

The company operated the world's largest floating complex for the extraction, storage, and shipment of hydrocarbons Petrobras 36, which exploded and sank on March 15, 2001.

In 2006, oil deposits were discovered in the Santos oil and gas basin, and their development began in 2009.

On November 9, 2007, the company announced the discovery of a field on the Tupi shelf area with reserves ranging from 5 billion to 8 billion barrels of light oil.

Today this brand is listed on the NYSE and its name is firmly established in our life.

Petróleo Brasileiro SA - ADR stock price is subject to the observations of many traders in the world. At the beginning of 2019, Petróleo Brasileiro SA - ADR share price was 12,69 USD.

Among the reasons to keep a close eye to the CFDs on Petróleo Brasileiro SA - ADR securities is the strong volatility that can be observed during the day-to-day trading sessions.

On this page, you can take a look at the Petróleo Brasileiro SA - ADR share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.

In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.

Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).