Trading precious metals is a very popular form of trading and comes with a package of benefits that is extremely appealing to most traders. Political and economic events influence prices and cause them to fluctuate at times. This causes uncertainty and pushes traders towards safe havens such as gold and silver. These two popular precious metals offer a number of advantages, one of which is the fact that regardless of the state of the market, trading opportunities will always be abundant. In addition to this, they are safe from inflation. Gold is king of all precious metals in the market because it always remains of high value due to its safe haven status.
Here at ForexTime (FXTM) you can trade both spot gold and silver using any one of our trading platforms.
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.
Leverage allows investors to take opportunities in the market that they would have never had before. By increasing a trader's buying power up to 500 times, it allows even the small investors to trade alongside the big ones.
In addition to high leverage, we also offer tight spreads. Spreads are the initial cost of trading, so it is important to choose a broker with low spreads. With FXTM you can enjoy competitive spreads starting from 0.5 on Standard Accounts as well as 0.1 and 0.2 on ECN MT4 and ECN MT5 Accounts respectively. Check out our Compare Accounts section for more information.
You can trade online with ForexTime (FXTM) regardless of the time of day. The forex market doesn't sleep, which means that you have access to our trading services 24 hours a day, 5 days a week.
Take a more detailed look at our Contract Specifications.