Product Description

Platinum is a noble metal, with many uses including catalysts, electrical equipment, thermometers, and jewellery. South Africa accounts for nearly 80% of world supply, with US being the heaviest consumer of platinum mainly for the jewellery and automotive industries. Futures and options are a significant part of a group of elements referred to as the platinum group metals (PGMs).


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 3.0 3.0 3.0 3.0 3.0
Size of 1 lot 50 Troy Oz 50 Troy Oz 50 Troy Oz 50 Troy Oz 50 Troy Oz
Minimum Contract size, lots 0.01 0.01 0.01 0.1 0.01
Maximum Contract size, lots 60.0 60.0 60.0 80.0 60.0
Tick value per 1 lot 5 USD 5 USD 5 USD 5 USD 5 USD
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 1500 USD 1500 USD 1500 USD 1500 USD 1500 USD
Minimum Price Increment 0.1 0.1 0.1 0.1 0.1
Limit and Stop Levels 0.7 0.7 0.7 0.7 0.7
Margin Call / Stop out Level 80 % / 50% 80 % / 50% 40% / 10% 80 % / 50% 80 % / 50%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
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