Forex Metals

Gold and silver are two of the most popular and heavily traded commodities for investments across the globe. They offer ample trading opportunities with high liquidity. DTTW™ provides access to spot gold and silver trading.

Pairs

Two precious metal pairs:

  • XAU/USD (spot gold)
  • XAG/USD (spot silver)

Both pairs trade in a method similar to currency pairs, and are quoted in terms of USD per ounce (oz.). For example, if XAU/USD is quoting at 1168.12, that means 1 oz. of gold will cost 1168.12 USD.

Order Types

  • Limit Buy/Sell→ShortSell
  • Market Buy/Sell→ShortSell
  • Pegged Buy/Sell→ShortSell

Basic Market Rules

  • Lot Size: min. 10 ounces.
  • Tick Size: varies, as follows:
    • XAU/USD: 0.01 ticks
    • XAG/USD: 0.001 ticks
  • Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.

See Also

Liked this blog post?

Sign up for The Opening Bell to receive our bi-weekly newsletter with actionable insights and hone your day trading skills with the help from our market experts and your favourite TraderTV personalities, delivered straight to your inbox every Tuesday morning.

Leave a comment



Live Trading with DTTW™ on YouTube

DTTW™ is proud to be the lead sponsor of TraderTV.LIVE™, the fastest-growing day trading channel on YouTube.

With more than 300,000 subscribers, TraderTV.LIVE™ features a daily live trading broadcast, professional education and an active community.

Watch TraderTV.Live

Accepted Payment Methods:

Your ability to open a DTTW trading office or join one of our trading offices is subject to the laws and regulations in force in your jurisdiction. Due to current legal and regulatory requirements, United States citizens or residents are currently unable to open a trading office with us.

© 2011-2022 Day Trade The World™ All rights reserved.

Day Trade the World™ is a registered trademark of Select Vantage Canada Inc. 

Privacy PolicySitemapFraud Alert.