Start Trading with Forex Trade Nest! Best Execution Through STP Trading
Precious metals such as gold and silver have been traded for hundreds of years. Gold and silver are heavily traded these days and are often used as a long term portfolio diversification. Forex Trade Nest offers Spot Gold and Spot Silver in both USD and EUR, which are traded similarly to Forex trading currency pairs by placing long or short positions.
Trading Session :
Starting Sunday 23:00 GMT, ending on Friday 21:45 GMT
Trading NOT available on daily basis from 22:00 to 23:00 GMT
Specifications | Gold | Silver | Platinum | Palladium |
---|---|---|---|---|
1 Standard Lot | 100 Ounces | 1,000 Ounces | 100 Ounces | 100 Ounces |
Leverage (Maximum) | ESMA Leverage | ESMA Leverage | ESMA Leverage | ESMA Leverage |
Point Value per Standard Lot | US$ 1 | US$ 10 | US$ 1 | US$ 1 |
Spread (Variable) | 15 to 50 Cents | 3 to 10 Cents | US$ 2.00 | US$ 1.80 |
Minimum Lot Size | 0.01 Lots (1 Ounce) |
0.05 Lots (50 Ounces) |
0.01 Lots (1 Ounce) |
0.01 Lots (1 Ounce) |
Rollover rate is defined as the interest added or deducted for holding a spot metal pair position open overnight. These rates are calculated as the difference between the overnight interest rate for two currencies that a Forex trader is holding, whether they are long (buy) or short (sell) positions.
Spot Metal Pair | Long Positions | Short Positions |
---|---|---|
XAUUSD Gold vs US Dollar | -24.81 | -17.64 |
XAGUSD Silver vs US Dollar | -5.67 | -4.69 |
XPTUSD Platinum vs US Dollar | -24.66 | -19.12 |
XPDUSD Palladium vs US Dollar | -23.8 | -31.47 |
XAUEUR Gold vs Euro | -20.22 | -21.62 |
XAGEUR Silver vs Euro | -5.12 | -5.12 |