Product Description

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.


PARAMETERSTrading Specifications per Account Type
PREMIUMZEROCENTPRO
Spreads as low as0.250.030.250.16
Size of 1 lot100 Ounces100 Ounces1 Ounces100 Ounces
Minimum Contract size, lots0.010.010.10.01
Maximum Contract size, lots606020060
Tick value per 1 lot1 USD1 USD0.01 USD1 USD
Volume limitationn/an/a500n/a
Margin requirement0.05%0.05%0.1%0.05%
Minimum Price Increment0.010.010.010.01
Limit and Stop Levels30.030.030.030.0
Negative balance protectionYesYesYesYes
Swap free days allowance3333