Metals

Metals are strategic raw materials, and one that keeps them in focus stockbrokers. Industrial production growth is always associated with an increase in demand for metals, which dictates the rise of quotations and provides opportunities for profit.

We invite you to use the potential of the metals market with the help of CFD instruments (contracts for difference), that allow you to make a profit from fluctuations in metals quotations without actual delivery.

Features of the metals market:

Commercially reasonable changes quotations dictated by real demand, which allows a greater degree of focus on the fundamentals, not on speculative expectations.
Metal trade tied to specific exchanges, which have their own timetable.

Features gold and silver spot market:

Low costs of transactions that differentiate the spot trading of the purchase of gold bullion or «metal» accounts in banks.
Availability of margin trading, which allows to acquire the necessary amount of gold or silver, introducing only a portion of the total cost.
The possibility of earnings in periods of falling prices, it is possible when operating with a gold or silver bullion.
Gold and silver have been money for many centuries in the literal sense of the word. They are now, especially gold, retain an aura of «real money», which awakens interest in times of instability in the world economy and currencies.

The price of gold (XAU / USD) and Silver (XAG / USD) are set in US dollars per troy ounce (Tr.Oz.)

We invite you to trade gold and silver on spot conditions, that does not imply the actual delivery bars, but allows you to make a profit on the difference in quotes in moments of purchases and sales.

Metals ***	Typical Spread	Swap Short ****	Swap Long ****	Limit and Stop Levels	Used Margin in this example*	1 pip value per 1 lot	Size of 1 lot
XAGEUR	10	-0.08	-0.10	10	1% Notional Value**	EURO 10	1000 Ounces
XAGUSD	4.5	-0.11	-0.11	10	1% Notional Value**	USD 10	1000 Ounces
XAUEUR	60	-0.50	-2.20	22	1% Notional Value**	EURO 1	100 Ounces
XAUUSD	29	-1.71	-2.67	30	1% Notional Value**	USD 1	100 Ounces

*	Margin Based on a position size of 1 lot
**	Notional Value equals the number of Ounces multiplied by price
***	Leverage on Metal products is always fixed at 1:200
****	Swaps may be adjusted daily based on market conditions and rates provided by our Liquidity Providers applicable to all open positions. Triple swaps are applied every Wednesday. XAU AND XAG swaps are in pips/lots.

Contract sizes for Gold
Gold – 1 lot = 100 ounces
0.1 lot = 10 ounces
0.01 lot = 1 ounce

Margin will now be calculated as the following:
Notional Value*/100
Notional Value = Number of ounces* Current Market Price

For example if an account open 1 lot (or 100 ounces) of gold the required margin will be the following:
100 * 1585 /100 = $1585
The pip value for a 1 lot position is $1 per pip

Trading Hours

Trading Product	Trading Hours *****	Break Time *****
XAUUSD	Mon 01:00 – Fri 23:45	Daily 00:00 until 01:00
XAGUSD	Mon 01:00 – Fri 23:45	Daily 00:00 until 01:00
XAUEUR	Mon 01:00 – Fri 23:45	Daily 00:00 until 01:00
XAGEUR	Mon 01:00 – Fri 23:45	Daily 00:00 until 01:00

Attention: During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders will not be executed during these times.

***** Please note that Server Time is subject to Daylight Savings Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October.

Server Times:
Winter: GMT+2
Summer: GMT+3 (DST)

METALS

Nickel (NI)

Copper (HG)

Platinum (PL)

Palladium (PA)

XAG/USD (XAGUSD)

XAU/USD (XAUUSD)

Trading Hours