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.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.19 0.19 0.19 0.19 0.19
Size of 1 lot 100 Ounces 100 Ounces 100 Ounces 100 Ounces 100 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 1 USD 1 USD 1 USD 1 USD 1 USD
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 0.5% 0.5% 0.5% 0.5% 0.5%
Minimum Price Increment 0.01 0.01 0.01 0.01 0.01
Limit and Stop Levels 30.0 30.0 30.0 30.0 30.0
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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