New Zealand Dollar/US Dollar

Parameters	Alpari Standard	Alpari Micro	Alpari ECN	Alpari ECN MT5
Minimum Spreads	1.5	2.9	0.6	0.3
Typical Spreads	2.2	3.2	0.7	0.7
Contract Size per Lot, NZD	100000	1000	100000	100000
Minimum Lot Size	0.01	0.01	0.01	0.01
Price Minimum Increment	0.00001	0.00001	0.00001	0.00001
Contract Size Minimum Increment	0.01	0.01	0.01	0.01
Pip Value per 0.01 lot	0.1	0.001	0.1	0.1
1 pip value (pips)	0.01	0.01	0.01	0.01
Hedged Margin	50	50	50	50
Swap Short	-0.30	-0.30	-0.30	-0.3
Swap Long	-0.19	-0.19	-0.19	-0.19
Opening	00:05:00	00:05:00	00:05:00	00:05:00
Closing	23:55:00	23:55:00	23:55:00	23:55:00
Order Status	GTC	GTC	GTC	GTC
Margin Group	FX Majors	FX Majors	FX Majors	FX Majors
Swap Free (Daily Fee), USD per lot	-5.4	-5.4	-5.4	-
Swap Free days allowance	7	7	7	-