Metals

FXGiants offers CFDs trading on spot metals (XAU, XAG) at the best-of-market spreads and spot execution without having additional foreign exchange exposure. Spot trading is done similarly to forex currency trading where investors take short or long positions of the metals’ prices. There is no centralised marketplace for spot gold or silver trading and thus trading is accessible 23 hours a day, 5 days a week.
Trade gold and silver and take advantage of the emergence of spot metals as a strong asset class.

Symbol Minimum Spread1 Typical Average Spread1
XAGEUR
Spot Silver - EUR
0.04 0.05
XAGUSD
Spot Silver - USD
0.04 0.05
XAUEUR
Spot Gold - EUR
0.5 0.6
XAUUSD
Spot Gold - USD
0.5 0.5
XPTUSD
Spot Platinum - USD
4 4
XPDUSD
Spot Palladium - USD
3 3

[1] The above spreads are applicable under normal trading conditions during day trading sessions. However, there may be instances when market conditions cause spreads to widen beyond the typical average spreads displayed above.

Note:

  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • No commission applies;
  • Trading takes place between 01:00 to 24:00 server time Monday to Friday. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time).
Symbol LONG 2 SHORT2
XAUUSD
Spot Gold - USD
-5.575 -1.76
XAUEUR
Spot Gold - EUR
-2.106 -4.475
XAGUSD
Spot Silver - USD
-4.102 -1.295
XAGEUR
Spot Silver - EUR
-1.549 -3.292
XPTUSD
Spot Platinum - USD
-2.193 -0.692
XPDUSD
Spot Palladium - USD
-2.892 -0.913

The swap rate is mainly dependent on the level of interest rates as well as the Company’s fee for having an open position overnight. The swap is automatically converted into the base currency of the clients trading account. The operation is conducted at 23.59 (server time) and can take several minutes.
Note:

  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • No commission applies;
  • Trading takes place between 01:00 to 24:00 server time Monday to Friday. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time).
Symbol Minimum Lot Size Minimum Price Fluctuation (Tick) Size of 1 Lot Used Margin Per 1 Lot
XAGEUR
Spot Silver - EUR
0.01 0.01 5000 oz 1% X 5000 X Silver Mkt Price (in EUR)
XAGUSD
Spot Silver - USD
0.01 0.01 5000 oz 1% X 5000 X Silver Mkt Price (in USD)
XAUEUR
Spot Gold - EUR
0.01 0.01 100 oz 1% X 100 X Gold Mkt Price (in EUR)
XAUUSD
Spot Gold - USD
0.01 0.01 100 oz 1% X 100 X Gold Mkt Price (in USD)
XPTUSD
Spot Platinum - USD
0.01 0.01 50 Troy Oz 2% X 50 X PT Mkt Price
XPDUSD
Spot Palladium - USD
0.01 0.01 100 Troy Oz 2% X 100 X PD Mkt Price

Note:

  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • No commission applies;
  • Trading takes place between 01:00 to 24:00 server time Monday to Friday. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time).