Search Box

..............

Monday, June 7, 2010

Spot Metals

Spot Gold and Silver could be ideal for both long and short-term speculative trading. Similar to Forex Trading, spot metals trade in a 24-hour market from 18:00 Eastern Time (US) Sunday to 16:30 Eastern Time (US) Friday. Take advantage of small minimum trade sizes with low margin requirements and tight spreads with FX Solutions’ GTS multi asset trading platform. Access these two popular precious metals and benefit from:


*
Gold and Silver are spot tradable commodities
Potentially ideal for both long and short-term speculative trading.
*
*
Commission Free Trading **
FX Solutions is compensated through a portion of the fixed bid/ask spread.
*
*
Flexible Leverage
Take a larger position than you would take if you funded your trade in full.
FX Solutions offers leverage up to 200:1 on Gold and 100:1 on Silver †
*
*
Potential Portfolio Hedge
Consider Gold or Silver to hedge against market volatility caused by economic,
political or social turbulence.
*
*
Flexible Contract Size
Trade the number of units that you choose, as low as 1 oz for Gold and 100 oz for Silver.

Spot Metals Market Information
Instrument Underlying Spread Min Trade Max Leverage Trading Hours
Gold Gold Variable 1 oz 200:1 24 hours *
Silver Silver Variable 100 oz 100:1 24 hours *
* Market is closed from 17:15 Eastern Time (US) to 18:00 Eastern Time (US)
Normal market hours for Spot Metal is 18:00 Eastern Time (US) Sunday to 16:30 Eastern Time (US) Friday.

†FX Solutions asks that you consider the risks associated with increasing your leverage. A relatively small market movement will have a proportionally large impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of initial margin and you may be required to deposit additional funds to cover a short margin position.

**Financing Charges
Rollover or overnight finance charges will be applied to Spot Metal positions that are held open at 17:00 Eastern Time (US). If the trader is "short" on the position, it will be credited finance of -3%. Similarly, if the trader is "long" on the position, it will be debited a financing charge of +3%.

No comments:

Post a Comment