Key features of trading Precious Metals
- Priced in troy ounces with cent based spreads
- Available with raw and standard spread
- Margin provides great purchasing power
- Trades gold with up to 2,000 troy ounces per click
Symbols & Spreads
| CURRENCIES | BASIC ACCOUNT SPREAD | RAW ACCOUNT SPREAD | CENT ACCOUNT SPREAD |
|---|---|---|---|
| GOLD | 30 | 20 | 40 |
| SILVER | 30 | 20 | 40 |
* The advertised minimum spreads are indicative and the actual spreads received might differ. Spreads will be wider during choppy markets or at times of thin or abnormal liquidity such as holiday periods or close to major news events.
Characteristics of gold trading
The trading of precious metals is an ancient business practice that has been revolutionised by electronic trading and global futures exchanges. It is also a safe haven asset and its price can be dramatically affected by the performance of global stock markets and major world economies. For that reason trading in precious metals is here to stay and will always be used a financial hedging tool at least into the foreseeable future.
Get the trading tools you need
Trading precious metals is attractive to speculators due to the opportunity provided by large price fluctuations in short time frames. Traders need the right tools at their disposal to take advantage of this market as the action happens. The Fast Light Broker platform has the power to place market orders in milliseconds, online with ease. In addition live charting and analysis capabilities are provided as standard.