Metals

FXFellow 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 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

[2]

The swap value depends mainly on the level of interest rates and the interest of the Company for having an open position during the night. The exchange is automatically converted to the base currency of the trading account of the client. The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse. The operation is carried out at 23.59 (server time) and may take several minutes.

STP swap value is calculated based on the rates we receive from various LPs plus mark-up and as a result it changes frequently to reflect market conditions. To view Swap values, clients can right click on client terminal market watch and press on Specification.

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 0.38
XAUUSD
Spot Gold - USD
0.5 0.5
XPTUSD
Spot Platinum - USD
4 4
XPDUSD
Spot Palladium - USD
4.5 4.5

[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.

XAGEUR

Spot Silver - EUR

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01


0.01

5000 oz

1% X 5000 X Silver Mkt Price (in EUR)

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01

0.01

5000 oz

1% X 5000 X Silver Mkt Price (in USD)

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01

0.01

100 oz

1% X 100 X Gold Mkt Price (in EUR)

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01

0.01

100 oz

1% X 100 X Gold Mkt Price (in USD)

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01

0.01

50 Troy Oz

2% X 50 X PT Mkt Price

Minimum Lot Size
Minimum Price Fluctuation (Tick)
Size of 1 Lot
Used Margin Per 1 Lot

0.01

0.01

100 Troy Oz

2% X 100 X PD Mkt Price

[2]

The swap value depends mainly on the level of interest rates and the interest of the Company for having an open position during the night. The exchange is automatically converted to the base currency of the trading account of the client. The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse. The operation is carried out at 23.59 (server time) and may take several minutes.

STP swap value is calculated based on the rates we receive from various LPs plus mark-up and as a result it changes frequently to reflect market conditions. To view Swap values, clients can right click on client terminal market watch and press on Specification.

XAUUSD

Spot Gold - USD

LONG 2

 

SHORT2

-13.8





2.67

LONG 2

 

SHORT2

-2.83




-4.7

LONG 2

 

SHORT2

-17.9





1.85

LONG 2

 

SHORT2

-13.55





-3.29

LONG 2

 

SHORT2

-13.5





0.45

LONG 2

 

SHORT2

-15.5





-9.5

XAGEUR

Spot Silver - EUR

Minimum Spread1

 

Typical Average Spread1

0.04





0.05

Minimum Spread1

 

Typical Average Spread1

0.04





0.05

Minimum Spread1

 

Typical Average Spread1

0.05





0.38

Minimum Spread1

 

Typical Average Spread1

0.05





0.05

Minimum Spread1

 

Typical Average Spread1

4





4

Minimum Spread1

 

Typical Average Spread1

4.5





4.5