fx_metals
This is an old revision of the document!
Table of Contents
FX Metals
Gold and Silver are two of the most heavily traded and most popular commodities for investments across the globe. They offer ample trading opportunities with high liquidity. Our FX Metals offering provides access to spot gold and silver trading.
Trading Hours
18:00–16:00 ET (22 hours)
Pairs
Two precious metal pairs:
- XAU/USD (spot gold)
- XAG/USD (spot silver)
Both pairs trade in a similar fashion to currency pairs, and are quoted in terms of USD per ounce (oz.). For example, if XAU/USD is quoting at 1168.12, that means 1 oz. of gold will cost 1168.12 USD.
Lit Order Types
- Limit order
- Market order
- Pegged order
Basic Market Rules
- Lot Size: minimum lot size for a currency pair is 10 ounces
- Tick Size: each metals pair has its own unique tick size:
- XAU/USD: 0.01 ticks
- XAG/USD: 0.001 ticks
- Short Sell is allowed and no mark or locates are required for shorting.
fx_metals.1445002808.txt.gz · Last modified: 2017/01/19 10:35 (external edit)