Spot Metal CFDs
Precious metals are very popular in the trading world, thanks to their safe haven reputation. Political and economic events influence prices, which cause fluctuations and uncertainty, pushing traders towards more traditionally stable financial assets like gold and silver.
These popular precious metals offer two major advantages: trading opportunities, regardless of the overall state of the market, and safety from inflation.
Why trade Spot Metal CFDs?
CFDs provide easy and fast access to the financial markets, eliminating the need to own the particular asset that you’re trading. In the case of Spot Metals, FXTM offers you the opportunity to speculate on the price movements of gold and silver against the three most traded currencies in the world; USD, EUR and GBP.
Lot Sizes
Choosing the lot size which suits you best as a trader means you have full control of your trading activity. Whether you wish to trade micro lots, mini lots or standard lots, we offer you the freedom to decide.
Example #1 for XAU/USD
Initial Deposit | $1000 |
Leverage | 1:100 |
Funds available for trading | $100,000 |
Lot Size | 1 |
Direction | Buy |
Open Price | 1284.28 |
Close Price | 1285.39 |
Profit | $111.00 |
Commission (Fee) | -$5.14 |
Example #2 for XAU/USD
Initial Deposit | $1000 |
Leverage | 1:100 |
Funds available for trading | $100,000 |
Lot Size | 1 |
Direction | Buy |
Open Price | 1284.28 |
Close Price | 1283.24 |
Loss | -$104.00 |
Commission (Fee) | -$5.14 |
Leverage
The leverage you have is based on your level of knowledge and experience, which is assessed during the opening of your trading account. As a regulated and responsible broker that provides transparent, safe and suitable trading conditions, our flexible leverage ranges from 1:25 to 1:500.
As with any leveraged products, there is a possibility for both increased losses and profits.
Spreads
With FXTM, you enjoy competitive spreads starting from 0.1 and 0.2 on the ECN Account (MT4) and ECN MT5, and 0.5 on Standard Accounts. Visit our Account Comparison section for more information.
Trading Hours
Trade online with FXTM regardless of the time of day. The forex market does not sleep during the week, which means that you have 24/5 access to our trading services. For any questions or assistance, our customer support team will be glad to help.
For a more detailed look at the Spot Metal specifications with FXTM, please see our Contract Specifications page.
To learn more about trading in the financial markets, lot sizes and spreads, visit our Short Forex Trading Videos section.
