Advantages of Precious Metal Trading
Diversify trading strategies beyond FX
Trade Precious Metals Online
Excellent liquidity, High market
No hidden fees.
Precious Metal Spreads and Conditions
Symbol | Instruments | Lot Size | Tick Size | Avg Spreads | Long Swap | Short Swap |
---|---|---|---|---|---|---|
XAGEUR | Silver | 5,000 | 0.001 | 27.2 | -17.343 | -3.67 |
XAGUSD | Silver | 5,000 | 0.001 | 2.4 | -17.343 | -3.67 |
XAUEUR | Gold | 100 | 0.01 | 4.3 | -28.92 | -9.82 |
XAUUSD | Gold | 100 | 0.01 | 2.5 | -28.92 | -9.82 |
XPDUSD | Palladium | 1 | 0.01 | 247.2 | -28.92 | -9.82 |
XPTUSD | Platinium | 1 | 0.01 | 94.0 | -28.92 | -9.82 |
Symbol | Instruments | Lot Size | Tick Size | Avg Spreads | Long Swap | Short Swap |
---|---|---|---|---|---|---|
XAUUSD# | Gold | 100 | 0.01 | 1.2 | -9.92 | -29.82 |
XAGUSD# | Silver | 5,000 | 0.001 | 1.7 | -17.343 | -3.67 |
CFD Margin Requirements
The margin formula for precious metals is “number of lots x lot size x market price x percentage / 100.
- Maximum leverage for trading precious metals is 100x.
- The above spreads/terms apply to all trading accounts.
- The Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
※Average spreads listed above are calculated throughout the day. Spreads tend to be tighter under normal market conditions. However, spreads may widen during periods of low liquidity, such as just before the end of a session or on weekends, when market conditions could be volatile due to important news outcomes, periods of political instability or unpredictable events.
※Swap rate is calculated based on the interbank rate of the index currency. A buy position will be charged at the interbank rate of the currency in question plus the price increase, while a sell position will receive the rate minus the price increase.
Precious Metal Trading
Precious metals are often referred to as safe assets in times of political, economic and market turmoil.
The U.S. dollar is a spot commodity, with gold being a pair based on the physical price. Gold can be bought and sold at the right time. It is heavily influenced by supply and demand. Gold is a delicate but very popular commodity available in the interbank market.
Precious metals are a great asset that allows you to diversify your trading strategies. In terms of global market size, no country, except the entire world, is driving supply and demand. They can trade favorably in both up and down markets without paying additional fees.
SvoFX offers a valuable gold (gold) and silver (silver) cross on the MT4 platform. Gold and silver trade against the US dollar and are traded like any other currency platform.