Product Description

Silver is one of the rarest metals on earth, and is considered a high demand commodity by many traders. It is both a precious metal and an industrial metal in high demand due to its excellent conductivity and reflective properties. Major silver producers include Mexico, Peru, China and Russia.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.09 0.09 0.09 0.09 0.09
Size of 1 lot 1,000 Ounces 1,000 Ounces 1,000 Ounces 1,000 Ounces 1,000 Ounces
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 10 EUR 10 EUR 10 EUR 10 EUR 10 EUR
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 1% 1% 1% 1% 1%
Minimum Price Increment 0.01 0.01 0.01 0.01 0.01
Limit and Stop Levels 10.0 10.0 10.0 10.0 10.0
Margin Call / Stop out Level 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20% 50 % / 20%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
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