Spot Metals – Trade Gold and Silver

Get That Winning Forex Feeling

FxPro offers CFDs on spot gold and silver as an ideal solution for both long-term and short-term speculation or as an investment alternative.

Pricing

Prices for both gold and silver are currently quoted in USD and EUR. With a required margin starting from 2%, trades can be leveraged up to 1:50, allowing maximum trading flexibility.

Spreads

The typical spread on spot gold is at $0.50 per ounce and $0.04 per ounce on spot silver, which are some of the most competitive in the market. The typical spread on spot Gold/EUR is at €0.80 per ounce and €0.06 per ounce on spot Silver/EUR. A trader can go both long and short on any of the two metals.

Order Sizes

The minimum trade size is 10 ounces of gold and 500 ounces of silver.

Order Types

Traders can execute a number of orders with FxPro, including:

Instant execution Buy limit Sell limit Buy stop
Sell stop Take profit Stop loss Good till cancelled

Swap/Rollover

If a trade is kept open overnight, then there is a swap/rollover cost calculated on that position. The cost is calculated as the overnight interest rate differential.

In the trading terminal ’swap’ is automatically converted into the balance currency. Operation is conducted at 23:59 server time. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged at triple rate.

Contract Specifications

Ticker Description 1 lot size Used margin
per 1 lot
Spread *** swap value* Limit & Stop Level **
long short
GOLD Gold Spot 100 oz From 2% 0.50 -1.70 USD -0.43 USD Spread 0.01 1 USD 0.1 lot 0.1 lot 1 Lot USD = 0.02 X (Size of 1 lot) X (Gold market price) 0 01:00 24.00
GOLDEURO Gold Spot 100 oz From 2% 0.8 -2.03 EUR 0.43 EUR Spread 0.01 1 EUR 0.1 lot 0.1 lot 1 Lot EUR = 0.02 X (Size of 1 lot) X (GOLDEURO market price) 0 01:00 24.00
SILVER Silver Spot 5000 oz From 2% 0.04 -1.30 USD -0.33 USD Spread 0.01 50 USD 0.1 lot 0.1 lot 1 Lot USD = 0.02 X (Size of 1 lot) X (Silver market price) 0 01:00 24.00
SILVEREURO Silver Spot 5000 oz From 2% 0.06 -1.69 EUR 0.36 EUR Spread 0.01 50 EUR 0.1 lot 0.1 lot 1 Lot EUR = 0.02 X (Size of 1 lot) X (SILVEREURO market price) 0 01:00 24.00

* Swap or Rollover is the interest added or deducted.

** Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price.

*** The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the ’Terms and Conditions.’