METALS TRADING

Expand your investment portfolio by trading Derivatives on Gold and other Spot Metals.

Metals Spot Contract Specifications

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				Swap values in points		Trading Hours
Symbol	Description	Typical Spreads in quote currency per unit	Leverage (up to)	Short	Long	Monday Open	Friday Close	Break
Palladium	Palladium	18.5	1:10	-0.54	-1.61	1:00:00	23:59:59	Daily 23:59:59 - 01:00:00
Platinum	Platinum	3.5	1:10	-0.5	-1.5	1:00:00	23:59:59	Daily 23:59:59 - 01:00:00
XAGEUR	Silver/Euro	0.036	1:10	-0.08	-0.1	1:00:00	23:44:59	Daily 23:59:59 - 01:00:00
XAGUSD	Silver/US Dollar	0.03	1:10	-0.11	-0.11	1:00:00	23:44:59	Daily 23:59:59 - 01:00:00
XAUEUR	Gold/Euro	0.35	1:20	-5.0	-4.2	1:00:00	23:44:59	Daily 23:59:59 - 01:00:00
XAUUSD	Gold/US Dollar	0.19	1:20	-0.9	-5.6	1:00:00	23:44:59	Daily 23:59:59 - 01:00:00

Important

Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday. Swaps for XAU and XAG swaps are expressed in pips per 1 lot.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.

Calculating Metals Margin Requirements - Example

Account base currency: USD
Position: Open 10 lots BUY XAUUSD at 1,316.99
1 Lot size: 100 Ounces
Leverage limit: 1:20

Notional value is: 10 * 100 * 1,316.99 = 1,316,990 USD
Margin required is: 1,316,990 USD / 20 = 65,849.50 USD

Trading Gold and Precious Metals

Highly valued since ancient times, precious metals, and gold in particular, have always been associated with monetary wealth.
On the financial markets, precious metals investments tend to hold their value over long periods of time.
Thus they provide a long-term safe haven for commodity traders.
Factors affecting precious metals’ prices:

Supply and Demand
With the increase of demand, metal prices rise whereas when the demand is weak the value of precious metals declines.

Value of the U.S. Dollar
As the precious metals are dollar-denominated their price is generally inversely related to the value of the US dollar.

Inflation
Inflation has a direct effect on the price of precious metals. Generally, rising levels of inflation tend to raise the price of precious metals.

Industrial demand
Technology and industrial uses for gold, such as the demand for jewelry and electronics, can make the price of precious metals rise.

Investing in precious metals can help traders hedge against market volatility, political uncertainty, and economic collapse. It can also be an important part of a diversified long-term investment portfolio.

Benefits of trading Gold and Precious Metals

Intrinsic value

Hedge against inflation

International liquidity

Low transaction costs