Forex
Trade GBPILS: British Pound / Israeli New Shekel
Trade British Pound / Israeli New Shekel CFDs long or short with leverage up to 1:2000 from 0.01 lots, on a web platform for desktop and mobile.
GBPILS contract specifications
Everything to know before your first trade.
- Symbol
- GBPILS
- Market
- Forex
- Contract size (1 lot)
- 100,000 GBP
- Maximum leverage
- 1:2000
- Minimum trade (lots)
- 0.01
- Maximum trade (lots)
- 100
- Volume step
- 0.01
- Price step
- 0.00001
- Spread
- Floating
- Swap (long / short)
- 0.00 / 0.00
- Trading hours
- Sun 21:00 – Fri 21:00 (22:00 in winter)
Trading GBPILS by account type
| Account | Max leverage | First deposit | Average spread | Margin call | Stop-out |
|---|---|---|---|---|---|
| Standard | 1:2000 | 10 USD | Floating | 60% | 50% |
| Swap-Free | 1:2000 | 250 USD | Floating | 60% | 50% |
| Pro | 1:2000 | 1,000 USD | Floating | 50% | 30% |
| Elite | 1:2000 | 5,000 USD | Floating | 50% | 30% |
How much is a GBPILS price move worth?
On GBPILS, every pip (0.0001) is worth 10 ILS per lot, that is a contract of 100,000 GBP.
Margin to open a trade = contract size × price × lots ÷ leverage. Higher leverage means less margin and more risk.
GBPILS trading questions
What is the contract size of GBPILS?
One lot of GBPILS equals 100,000 GBP. The minimum trade is 0.01 lots and the maximum 100 lots.
What is the maximum leverage on GBPILS?
Up to 1:2000, and you choose the leverage of each account yourself inside the platform.
When can I trade GBPILS?
Sun 21:00 – Fri 21:00 (22:00 in winter).
Can I try GBPILS before depositing?
Yes, open a free demo account with 10,000 USD and practise on GBPILS before you deposit.
Start with a demo or a live account
The demo account runs on the same platform with virtual funds, and you can open a live account when you are ready.