Gold is a precious metal which is considered by many investors as a safe haven instrument to market uncertainty. It generates no yield or dividend and often needs to be held securely when in coins, jewellery and bullion. It is a highly active, popular and often volatile commodity to trade. Major world producers are China, Australia, Russia and the USA.
PARAMETERS | Trading Specifications per Account Type | |||||||
---|---|---|---|---|---|---|---|---|
PREMIUM | ZERO | CENT | PRO | |||||
Spreads as low as | 0.25 | 0.03 | 0.25 | 0.16 | ||||
Size of 1 lot | 100 Ounces | 100 Ounces | 1 Ounces | 100 Ounces | ||||
Minimum Contract size, lots | 0.01 | 0.01 | 0.1 | 0.01 | ||||
Maximum Contract size, lots | 60 | 60 | 200 | 60 | ||||
Tick value per 1 lot | 1 USD | 1 USD | 0.01 USD | 1 USD | ||||
Volume limitation | n/a | n/a | 500 | n/a | ||||
Margin requirement | 0.05% | 0.05% | 0.1% | 0.05% | ||||
Minimum Price Increment | 0.01 | 0.01 | 0.01 | 0.01 | ||||
Limit and Stop Levels | 30.0 | 30.0 | 30.0 | 30.0 | ||||
Negative balance protection | Yes | Yes | Yes | Yes | ||||
Swap free days allowance | 3 | 3 | 3 | 3 |