Gold and silver are the most popular precious metals trading products in the market, both against inflation and investment appreciation.
Precious metal trading features
24/7 tradingGold spot trading is open 24 hours a day, 5 days a week, and can be traded. Compared with popular T+D, futures, stocks and other transactions, the time is longer, which is more convenient for traders to arrange flexibly.
Margin trading
The spot gold trading implements a margin system, which generally has a higher leverage and provides up to 100 times leverage. This means that traders can use the leverage function to "enlarge" the funds to trade. Because of the leverage, the capital requirements for traders are relatively low. For example, when the price of gold is $1300 per ounce, then trading 1 ounce of spot gold at a leverage of 100:1 requires only a margin of $10. Of course, margin leverage is a “double-edged sword” that can increase profit opportunities and amplify the risk of loss.
Two-way trading, you can always find a "bull market"
Unlike paper gold and physical transactions, one of the characteristics of gold spot trading is that traders have trading opportunities regardless of whether “gold price rises” or “gold price falls”.
Contract specification
| Maximum order volume (including opening and closing orders) |
10 hands |
| Number of orders per order | Max 10 hands |
| difference | International Gold (LLG): 0.5/per hand International Silver (LLS): 0.04/per hand |
| Contract Unit | International Gold: 100 oz / hand International Silver: 5000 oz / hand |
| Transaction time | Monday morning from 08:00 to Saturday at 03:00 (summer time), 04:00 (winter time); except settlement time 03:00-03:20 (summer time), 04:00-04:20 (Winter time), can be traded 24 hours |
| Overnight interest | Buy rate -2.75%, yield -0.25%, 3 days overnight on Wednesday |
| leverage multiple | 100 times |
| Additional Margin Notice | MT4 platform: Weekend unchanged |
| Forced liquidation | MT4 platform: prepayment ratio is 20% |
| Forcing a lockout | MT4 platform: no forced lockout |
Affected by the volatility and liquidity of the trading market, when the market volatility is high or the market liquidity is insufficient, the market risk will increase, in order to reduce the risk arising from the fluctuation of the market, then the international gold trading spread of the company platform will be Widened to $0.7; international silver trading spreads will be extended to $0.05.
The market is volatile, that is, the market releases important data (such as non-agricultural data) or a period of time before the major news announcement (usually 30 minutes before the announcement and 15 minutes after the announcement). Insufficient market liquidity, that is, irregular trading fluctuations or gaps in the US market closing time, which is from 03:00-07:00 in the morning (Tuesday) from Tuesday to Friday in Beijing time; in winter time. 04:00-07:00.
Transaction case
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