Costs and overnight positions
Trading conditions lists the spread, commission where applicable and overnight financing for each contract, including the rollover time and additional adjustment days.
Gold and silver, without the vault
Take a position on precious metal prices without buying or storing physical metal. Check the quote currency and contract size for the instrument you select.
Metal contracts
The metals range gives you price exposure through contracts held in your trading account. Contract size and quote currency determine the value of a price movement for your position.
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| Metal | Quote currency | Contract size | Minimum trade size | Platform |
|---|---|---|---|---|
| Gold (XAUUSD) | USD | 100 oz | 0.01 lot | MT5, cTrader |
| Silver (XAGUSD) | USD | 5,000 oz | 0.01 lot | MT5, cTrader |
| Gold (XAUEUR) | EUR | 100 oz | 0.01 lot | MT5, cTrader |
| Silver (XAGEUR) | EUR | 5,000 oz | 0.01 lot | MT5, cTrader |
Spreads are typical averages during the London and New York sessions and are indicative. They can widen when markets are volatile or thin. Raw forex and metals trades also pay commission; share CFDs pay commission on both accounts. Swaps are in points per lot unless stated, charged three times on Wednesday for forex and metals and on Friday for other markets. Times are server time (GMT+2, or GMT+3 during US summer time).
View metals specificationsMarket access
The trading schedule includes any daily breaks and holiday changes. Prices can respond sharply to interest-rate expectations, currency movements and changes in demand.
Margin requirements appear alongside the contract specifications.