Trade Spot Metals
Trade Gold, Silver and a range of other Metals while benefiting from fast execution and the lowest spreads available.
Spot Metals Instruments
| Currency Pair | Key Information Document | Minimum Price Fluctuation | Spreads As low as* | Average Spreads* | Long Swap Value (Points)** | Short Swap Value (Points)** | Value of 1 lot | Limit and Stop Levels*** |
|---|---|---|---|---|---|---|---|---|
| GOLD# | Info | 0.01 | 0.2 | 0.25 | -10.01 | -6.58 | 100 oz | 0.5 |
| SILVER# | Info | 0.001 | 0.022 | 0.025 | -1.49 | -0.77 | 5000 oz | 0.04 |
Min/Max Trade Size: 0.1/200
The margin requirement for Gold and Silver is calculated like this: Lots x Contract Size x Market Price / Leverage.
(GMT+2 time zone, please note DST may apply)
Monday – Thursday: 01:05 – 23:55
Friday: 01:05 – 23:50
Other Metals
| Symbol | Key Information Document | Description | Minimum Price Fluctuation | Value of Minimum Price Fluctuation | Spreads As low as | Value of 1 lot | Min/Max Trade Size | Margin Percentage | Limit and Stop Levels*** |
|---|---|---|---|---|---|---|---|---|---|
| PALL | Info | Palladium | 0.01000 | USD 0.1 | 4 | 10 Troy ounces | 1/45 | 4.5 % | 10 |
| PLAT | Info | Platinum | 0.01000 | USD 0.1 | 3 | 10 Troy ounces | 1/100 | 4.5 % | 8 |
| Symbol | Description | Server Time | Weekday | Monday Open | Friday Close |
|---|---|---|---|---|---|
| PALL | Palladium | GMT +3 | 01:05-23:55 | 01:05 | 23:10 |
| PLAT | Platinum | GMT +3 | 01:05-23:55 | 01:05 | 23:10 |
| Instrument | Status | Jan 20 |
Feb 20 |
Mar 20 |
Apr 20 |
May 20 |
Jun 20 |
Jul 20 |
Aug 20 |
Sep 20 |
Oct 20 |
Nov 20 |
Dec 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Palladium (PALL) |
Open | 22/11/2019 | 21/02/2020 | 21/05/2020 | 25/08/2020 | ||||||||
| Palladium (PALL) |
Close Only | 21/02/2020 | 21/05/2020 | 25/08/2020 | |||||||||
| Palladium (PALL) |
Expiry | 24/02/2020 | 22/05/2020 | 26/08/2020 | |||||||||
| Platinum (PLAT) |
Open | 26/09/2019 | 26/12/2019 | 25/03/2020 | 25/06/2020 | ||||||||
| Platinum (PLAT) |
Close Only | 26/12/2019 | 25/03/2020 | 25/06/2020 | |||||||||
| Platinum (PLAT) |
Expiry | 27/12/2019 | 26/03/2020 | 26/06/2020 |
* The average spreads shown here are calculated throughout the day. They tend to be narrower under normal market conditions. However, spreads may widen following important news announcements, during political uncertainty, unexpected events leading to volatile market conditions or at the close of the business day and on weekends when liquidity is lower. When you trade with us Trading Point is your counter-party. Your trades are matched and any additional exposure above predefined thresholds is hedged with our partner banks (our liquidity providers) at the current market spread. However, during volatile and illiquid market conditions our liquidity providers quote larger than normal spreads. At such times Trading Point is forced to pass on some of the spread increases to its clients.
** If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called "swap." In the trading terminal, "swap" is automatically converted into the deposit currency. The operation is conducted at 00.00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days.
*** Minimum level for placing Stop Loss and Take Profit orders from a current market price.
The margin requirement for CFDs is calculated like this : Lots x Contract Size x Opening Price x Margin Percentage and not based on the leverage of your trading account.
The margin for hedged positions when trading CFDs is always 50%.
Calendar dates are indicative and are subject to change.
