Trade gold and silver and take advantage of the emergence of spot metals as a strong asset class.
Spot Gold and SilverSpot gold (XAU) and spot silver (XAG) are tradable commodities offered by IronFX at the best-of-market spreads and spot execution without having additional foreign exchange exposure. Spot trading is done similarly to forex currency trading where investors take short or long positions of the metals’ prices. There is no centralised marketplace for spot gold or silver trading and thus trading is accessible 23 hours a day, 5 days a week. IronFX offers CFDs on spot metals in both USD and EUR.
There are many reasons why investors choose to trade spot metals:
Diversify your portfolio: Investors take advantage of spot trading as an emerging asset class in a bigger and well-balanced trading portfolio. Hedging opportunities: Trading spot metals creates great opportunities for hedging in every liquid market, with investors gaining more exposure with limited risk. Safe Haven: Spot metal trading is considered to be a safe haven.IronFX offers CFDs on spot metals in both USD and EUR through our award winning trading platforms. Only 1% margin required for spot metals.
| Symbol | Minimum Spread1 | Typical Average Spread1 |
|---|---|---|
| XAGEUR Spot Silver - EUR |
0.04 | 0.05 |
| XAGUSD Spot Silver - USD |
0.04 | 0.05 |
| XAUEUR Spot Gold - EUR |
0.05 | 0.20 |
| XAUUSD Spot Gold - USD |
0.05 | 0.15 |
| XPTUSD Spot Platinum - USD |
4 | 4 |
| XPDUSD Spot Palladium - USD |
4.5 | 4.5 |
[1] The above spreads are applicable under normal trading conditions during day trading sessions. However, there may be instances when market conditions cause spreads to widen beyond the typical average spreads displayed above.
| Symbol | LONG2 | SHORT2 |
|---|
[2] The swap value depends mainly on the level of interest rates and the interest of the Company for having an open position during the night. The exchange is automatically converted to the base currency of the trading account of the client. The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse. The operation is carried out at 23.59 (server time) and may take several minutes. STP swap value is calculated based on the rates we receive from various LPs plus mark-up and as a result it changes frequently to reflect market conditions. To view Swap values, clients can right click on client terminal market watch and press on Specification.
| Symbol | Minimum Lot Size | Minimum Price Fluctuation (Tick) | Size of 1 Lot | Used Margin Per 1 Lot (Professional) | Used Margin Per 1 Lot (Retail) |
|---|---|---|---|---|---|
| XAGEUR Spot Silver - EUR |
0.01 | 0.01 | 5000 oz | 1% X 5000 X Silver Mkt Price (in EUR) | 10% X 5000 X Silver Mkt Price (in EUR) |
| XAGUSD Spot Silver - USD |
0.01 | 0.01 | 5000 oz | 1% X 5000 X Silver Mkt Price (in USD) | 10% X 5000 X Silver Mkt Price (in USD) |
| XAUEUR Spot Gold - EUR |
0.01 | 0.01 | 100 oz | 0.5% X 100 X Gold Mkt Price (in EUR) | 5% X 100 X Gold Mkt Price (in EUR) |
| XAUUSD Spot Gold - USD |
0.01 | 0.01 | 100 oz | 0.5% X 100 X Gold Mkt Price (in USD) | 5% X 100 X Gold Mkt Price (in USD) |
| XPTUSD Spot Platinum - USD |
0.01 | 0.01 | 50 Troy Oz | 2% X 50 X PT Mkt Price | 10% X 50 X PT Mkt Price |
| XPDUSD Spot Palladium - USD |
0.01 | 0.01 | 100 Troy Oz | 2% X 100 X PD Mkt Price | 10% X 100 X PD Mkt Price |