Trade Spot Metals with IdeaFX
Trade precious metals (Gold and Silver) directly with IdeaFX as an alternative investment for diversifying your portfolio. Trading precious metals is a very extensive form of trading and comes with a bundle of benefits that is exceptionally engaging to most traders.
Market prices are periodically subject to fluctuation due to economic and political happenings. Due to this instability, traders are usually encouraged to seek for safe havens such as Gold and Silver. These two standard precious metals provide a number of benefits, one of which is the fact that during geopolitical crisis or market volatility, their market value climbs therefore diversifying any balanced trading portfolio.
On top of that, precious metals are considered a classic type of inflation hedge since their price tends to grow during inflationary periods, and it tends to escalate as consuming prices rise.
PAIR | AVERAGE SPREAD | CONTRACT SIZE | PIP VALUE (0.01) | LEVERAGE | COMMISSION |
---|---|---|---|---|---|
GOLD | 50 cents | 100 | 0.01 | 1:100 | 0 |
SILVER | 4 cents | 5000 | 0.5 | 1:100 | 0 |
Note:
(*) Please contact your account manager for further information.
(**) In GMT Sunday trading session 23:00:00 – 24:00:00 & Friday 00:00:00 – 20:00:00. Please note that the market timings may change without further notice and hence it is advisable to contact your account manager periodically.