TD Markets (Pty) Ltd — S&P 500 symbol, specs and trading conditions
SPX500. Contract size is 100 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 SPX will not find SPX500.| Symbol on this broker | SPX500 |
| Platform | MT4 |
| Instrument class | index CFD |
| Contract size | 100 |
| Digits | 2 |
| Minimum lot | 0 |
| Lot step | 0.1 |
| Maximum lot | 1,000 |
| Swap long | -145.57096 |
| Swap short | 28.8196 |
| Tick value | — |
| Trade mode | Disabled |
| Execution | Market |
| Fill policy | — |
What is S&P 500 called on TD Markets (Pty) Ltd?
S&P 500 is called SPX500 on TD Markets (Pty) 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 TD Markets (Pty) Ltd's live server, not copied from marketing material.
What is the swap on S&P 500 at TD Markets (Pty) Ltd?
TD Markets (Pty) 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 — TD Markets (Pty) 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 TD Markets (Pty) Ltd for S&P 500?
On TD Markets (Pty) Ltd, trading is set to Disabled, orders execute in Market mode.
Market execution fills at the available price rather than requoting, so an EA does not need requote handling — but it must tolerate slippage, and stop loss / take profit usually cannot be attached in the same call.
Run the full compatibility check for this broker with the EA compatibility checker.