Introduction To Trading Precious Metals
Although precious metals do have certain industrial applications, they are overwhelmingly considered a store of value.
Precious metals are renowned as safe-haven assets. When traditional financial markets, such as stocks, indices and bonds stop performing, many investors typically park their cash in precious metal investments. Humans instinctively recognise these shiny metals as valuable. Gold played a vital role in the early Egyptian, Lydian, Greek and Roman empires. Throughout history, gold and silver have been used as money. Even though precious metals no longer have an active role in the economy, central banks and large commercial banks continue to hoard them, and active investors use them as a hedging tool.
* Risk Warning: Trading in forex and CFDs could lead to a loss of your invested capital.
The Benefits Of Trading Precious Metals CFDs
Trading precious metals using contracts for difference offers numerous advantages over other forms of investing, such as physical ownership.
No physical ownership necessary
CFDs allow you to gain exposure to the precious metals market without having to physically buy and store coins or ingots, and later have to find a buyer to sell them.
Go long or short
When using CFDs, you’re able to open short positions, which allow you to speculate on prices falling and profit if they do. With hedging, you’re able to go long and short concurrently.
Trade precious metals at any time of the day
FxMarkets Trade is an international broker providing online trading services across all time zones Monday thru Friday. Never worry about when you can open and close your trades.
Lower cost of investing
You can trade on the real spot price, making it easier to reach profitability, as opposed to paying a premium for physical bouillon, as well as postage or storage costs.
Use leverage to decrease capital requirements
You’re able to leverage your positions as much as 1:20 on precious metals. Using leverage reduces how much of your capital is required to open a precious metals CFD.
Easily liquidate your positions
When you need to close your trades, there is no need to find a buyer or negotiate a deal, just log in to your trading account and tap close. If the market is open, your trade will be closed immediately.
Select Your Trading Account
Four ways to trade with FxMarkets Trade.
As a leading investment broker, FxMarkets Trade has developed competitive solutions to help clients trade and invest in the financial markets. You can choose how much you’re willing to allocate to
your investment strategy.
Standard Plan
Account opening balance from-
Self-trading account
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Access to world-famous trading platforms
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Micro lot trading
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1.4 Pip average floating spread
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STP & DMA order execution
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Multiple asset class coverage
Pro Plan
Account opening balance from-
Portfolio management service
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14-days concierge trading trial
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1.4 Pip average floating spread
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STP & DMA order execution
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Multiple asset class coverage
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Continuous support and assistance
Premium Plan
Account opening balance from-
Dedicated Account Manager
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1.2 Pip average floating spread
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STP & DMA order execution
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50% Stop Out
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Multiple asset class coverage
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Continuous support and assistance