Forex Metals

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

Trading Hours: 18:00 - 16:00 ET (22 hours)

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

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CC Attribution-Share Alike 4.0 International