Metals Spot Contract Specifications


# Symbol
Full name Contract size Tick size Margin, % Swap Long
(Points)
Swap Short
(Points)
Sunday
open time
GMT+0
Trading time *
(GMT+0)
Friday
close time
GMT+0
Leverage
1 XAGAUD Silver vs Australian Dollar / Spot 5000 0.001 1 -3 -2 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
2 XAGCHF Silver vs Swiss Franc / Spot 5000 0.001 1 -1 -1 23:05 00:00 - 21:55 23:05 - 23:59 21:55 1:100
3 XAGEUR Silver vs Euro / Spot 5000 0.001 1 -1 -2 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
4 XAGGBP Silver vs Great Britain Pound / Spot 5000 0.001 1 -1 -1 23:05 00:00 - 21:55 23:05 - 23:59 21:55 1:100
5 XAGUSD Silver vs US Dollar / Spot 5000 0.001 1 -2 -1 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
6 XAUAUD Gold vs Australian Dollar / Spot 100 0.01 1 -14 -11 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
7 XAUCHF Gold vs Swiss Franc / Spot 100 0.01 1 -1 -7 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
8 XAUEUR Gold vs Euro / Spot 100 0.01 1 -2 -6 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
9 XAUGBP Gold vs Great Britain Pound / Spot 100 0.01 1 -3 -1 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
10 XAUUSD Gold vs US Dollar / Spot 100 0.01 1 -6 -4 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
11 XPDUSD Palladium vs US Dollar / Spot 100 0.01 5 -97 40 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
12 XPTUSD Platinum vs US Dollar / Spot 100 0.01 5 -9 -9 23:00 00:00 - 21:59 23:00 - 23:59 21:59 1:100
13 CUCUSD Copper vs US Dollar / Spot 25000 0.00001 4 -39 -12 23:00 00:00 - 22:00 23:00 - 23:59 22:00 1:100

* - All systems have a restart time without execution and prices up to 5 minutes everyday at 22:00 GMT+0, but on Sundays the restart time is at 20:00 GMT+0
** - MT5 servers have a scheduled maintenance without execution and prices during 0-1 minutes everyday at 00:00 GMT+0
*** - If you use fix-connection or bridge-connection to own MT-server so, the session time will depend on your Trading server time settings.

Calculating Metals Margin Requirements – Example

Account base currency: USD
Position: Open 10 lots BUY XAUUSD at 1,316.99
1 Lot size: 100 Ounces
Margin requirement: 0.5% of Notional value

Notional value:
10 * 100 * 1,316.99 = 1,316,990 USD

Margin required:
1,316,990 USD * 0.005 = 6,584.95 USD

Trading Gold and Precious Metals

Highly valued since ancient times, precious metals, and gold in particular, have always been associated with monetary wealth. On the financial markets, precious metals investments tend to hold their value over long periods of time. Thus they provide a long-term safe haven for commodity traders.

Investing in precious metals can help traders hedge against market volatility, political uncertainty, and economic collapse. It can also be an important part of a diversified long-term investment portfolio.

Factors affecting precious metals’ prices:

Supply and Demand
With the increase of demand, metal prices rise whereas when the demand is weak the value of precious metals declines.

Value of the U.S. Dollar
As the precious metals are dollar-denominated their price is generally inversely related to the value of the US dollar.

Inflation
Inflation has a direct effect on the price of precious metals. Generally, rising levels of inflation tend to raise the price of precious metals.

Industrial demand
Technology and industrial uses for gold, such as the demand for jewelry and electronics, can make the price of precious metals rise.

Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Read our Risk Warning Policy
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