CXM Group (SC) Ltd — S&P 500 symbol, specs and trading conditions
SPX500p. Contract size is 100, minimum trade size 0.01 lots and the price quotes to 2 digits. Overnight swap is -145.57096 long / 28.8196 short. Note the broker-specific form — an EA hard-coded to SPXP will not find SPX500p.| Symbol on this broker | SPX500p |
| Platform | MT4 |
| Instrument class | index CFD |
| Contract size | 100 |
| Digits | 2 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| Maximum lot | 100 |
| Swap long | -145.57096 |
| Swap short | 28.8196 |
| Tick value | — |
| Trade mode | Full access |
| Execution | Instant |
| Fill policy | — |
What is S&P 500 called on CXM Group (SC) Ltd?
S&P 500 is called SPX500p on CXM Group (SC) Ltd. Use that exact string in SymbolSelect() or iCustom() — MetaTrader symbol names are case-sensitive and will not resolve a close match.
Broker symbol names diverge because each one configures its own market watch. The same instrument can appear as a plain code, with a letter suffix for an account type, or under a legacy vendor name. The code above was read from CXM Group (SC) Ltd's live server, not copied from marketing material.
What is the minimum lot size for S&P 500 on CXM Group (SC) Ltd?
The minimum trade size for S&P 500 on CXM Group (SC) Ltd is 0.01 lots, and size increases in steps of 0.01 lots — 1 unit of the underlying at minimum.
An EA that sends a volume below this, or one that is not a whole multiple of the lot step, is rejected with error 131 (invalid trade volume) — normalise your lot size against both numbers before calling OrderSend.
What is the swap on S&P 500 at CXM Group (SC) Ltd?
CXM Group (SC) Ltd charges -145.57096 to hold S&P 500 long overnight and 28.8196 to hold it short. Holding long costs more than holding short. Note that the short side is positive — CXM Group (SC) Ltd pays you to hold it overnight, which is what a carry strategy looks for.
Swap is applied at the broker's daily rollover and is charged at triple rate on one weekday to cover the weekend. Work out the real cost for your position size with the swap carry calculator.
Will my EA run on CXM Group (SC) Ltd for S&P 500?
On CXM Group (SC) Ltd, trading is set to Full access, orders execute in Instant mode.
Instant execution means the server can reject your order and return a requote rather than filling at a moved price. An EA written for market execution needs explicit requote handling here, or it will silently stop placing trades.
Run the full compatibility check for this broker with the EA compatibility checker.