Four New Trading Instruments Available for Trading

October 1, 2024

Dear Clients,

The BOOM500, BOOM1000, CRASH500, and CRASH1000 synthetic indices can now be traded with LiteFinance. The instruments are available for clients from Ghana, Nigeria, Tanzania, Kenya, and Uganda.

These trading instruments will be available when you open a new ECN MT5 account only.

What are BOOM500 and BOOM1000?

BOOM500 and BOOM1000 are synthetic indices that focus on sharp price spikes, the so-called "booms." The numbers 500 and 1000 refer to the number of ticks after which the next rate surge occurs.

Specifications	BOOM500	BOOM1000
Leverage	1:500	1:500
Margin Percentage	0.2%	0.2%
Size of 1 Lot	1 BOOM500	1 BOOM1000
Maximum Trade Volume	100 lots	100 lots
Minimum Trade Volume	0.2 lots	0.2 lots
The Volume Step	0.001 lots	0.001 lots
Swap Long	-25 points	-20 points
Swap Short	-10 points	-7 points
Swap Day	every day	every day
Available	only on ECN MT5 accounts	only on ECN MT5 accounts

What are CRASH500 and CRASH1000?

CRASH500 and CRASH1000 are synthetic indices that focus on sharp price drops, the so-called "crashes." The numbers 500 and 1000 indicate the number of ticks after which the next rate decline will occur.

Specifications	CRASH500	CRASH1000
Leverage	1:500	1:500
Margin Percentage	0.2%	0.2%
Size of 1 Lot	1 CRASH500	1 CRASH1000
Maximum Trade Volume	100 lots	100 lots
Minimum Trade Volume	0.2 lots	0.2 lots
The Volume Step	0.001 lots	0.001 lots
Swap Long	-10 points	-7 points
Swap Short	-25 points	-20 points
Swap Day	every day	every day
Available	only on ECN MT5 accounts	only on ECN MT5 accounts

The BOOM500, BOOM1000, CRASH500, and CRASH1000 indices are available for trading in the Stock Indices section.

Best regards,

LiteFinance team

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