Gold and silver spot tradable CFD instruments are offered by FX Grant as an excellent solution for both long- and short-term speculation or as an investment alternative. With a required margin of 1%, trades can be leveraged up to 1:100, giving you the maximum market flexibility for the minimum collateral. Historically, trading gold has been considered a safe haven in times of economic, geopolitical and financial instability. Inflation and currency devaluation are also positive environments for gold, because it holds its value. Trading gold may allow gains to be made financially from gold prices increasing (or gold prices decreasing, in the case of short selling).
| |
CFD on spot
Gold contract |
CFD on spot
Silver contract |
| Minimum Price Fluctuation |
0.01 |
0.01 |
| Minimum contract size |
0.1 lot |
0.1 lot |
Spread ***
Min
Typical Max |
0.5
1 |
4
8 |
Swap value per 1 lot in USD *
Long
Short |
-1.8
-0.5 |
-1.5
-0.5 |
| Limit and Stop Levels ** |
1.5 |
0.15 |
| 1 pip value per 1 lot in US Dollar |
1 USD |
50 USD |
| MT4 Size of 1 lot |
100 troy ounces |
5 000 troy ounces |
| Used margin per 1 lot |
1% |
1% |
| Margin requirements to open a lock position in USD |
1 Lot USD = 0.01 X (Size of 1 lot) X (Gold market price) |
1 Lot USD = 0.01 X (Size of 1 lot) X (Silver market price) |
| Commission |
NO |
NO |
| Margin requirements to open a lock position |
100% |
100% |
Trading time: 24 hours per day, starting at 01:00 Monday and closing at 24.00 Friday (Server time).
*
If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called "swap." In the trading terminal, "swap" is automatically converted into the balance currency. The operation is conducted at 23.59 (Trading Server time) and can take several minutes.
**
Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price.
***
The spreads listed are our best possible spreads used in normal market conditions. Under certain market conditions, - such as over the release of key economic figures, during periods of volatile market conditions, and during the sometime illiquid European night time - spreads may be wider.