CFDs on Metals
Trade the global markets
| Instrument | Description | Contract Size | Spread | Tick Size | Tick Value | Margin Requirement | Stops Level | Trading Hours | Trading Break |
|---|---|---|---|---|---|---|---|---|---|
| GOLD. | Spot Gold / US Dollar | 100 oz. | 0.30 | 0.10 | $10 | $1,000 | 5 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| SILVER. | Spot Silver / US Dollar | 5,000 oz. | 0.03 | 0.01 | $50 | $5,000 | 5 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| XAUEUR. | Spot Gold / Euro | 100 oz. | 0.80 | 0.01 | € 1 | $5,000 | 15 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| XAGEUR. | Spot Silver / Euro | 5,000 oz. | 0.06 | 0.01 | € 50 | $5,000 | 6 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
- All times are GMT
- All above instruments are traded on “Instant Execution”
- Fixed spread
- Slippage on pending orders may occur during market opening time and holidays
- Subject to rollover fee for net open exposure more than 10 lot, click here to view rollover T&Cs
- Spot Gold is subject to inactivity fee for positions that remain open more than 365 days
- Spot Silver is subject to inactivity fee for positions that remain open more than 90 days
- Clients will be notified of public holidays via internal mail and/or vide ICM Brokers platform
The margin requirement offered on Spot Precious Metals CFDs is dynamic and adapts automatically based on the volume traded on each instrument. Consequently, as the trading volume per instrument increases, the margin requirement also increases, corresponding to the dynamic margin value specific to each instrument.
It is important to note that margin calculations are done per instrument traded. So, when a client has open positions on multiple instruments, the margin is calculated separately on each.
The following table illustrates the calculation process for dynamic margin:
| Margin Requirement | ||
| Open Lots | GOLD | SILVER, XAUEUR & XAGEUR |
| 0.01 - 24.99 | $1,000 | $5,000 |
| 25 - 49.99 | $2,000 | $5,000 |
| 50 - 99.99 | $4,000 | $10,000 |
| 100 and above | $8,000 | $20,000 |
| Spot Gold Maximum allowed exposure is 200 lots | ||
| Spot Silver Maximum allowed exposure is 120 lots | ||
| Instrument | Description | Contract Size | Average Spread | Tick Size | Tick Value | Margin Requirement | Stops Level | Trading Hours | Trading Break |
|---|---|---|---|---|---|---|---|---|---|
| GOLD | Spot Gold / US Dollar | 100 oz. | 0.25 | 0.01 | $1 | $1,000 | 50 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| SILVER | Spot Silver / US Dollar | 5,000 oz. | 0.03 | 0.01 | $50 | $5,000 | 5 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| XAUEUR | Spot Gold / Euro | 100 oz. | 0.80 | 0.01 | €1 | $5,000 | 150 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
| XAGEUR | Spot Silver / Euro | 5,000 oz. | 0.06 | 0.01 | €50 | $5,000 | 6 | Sunday 23:00 - Friday 22:00 | Daily 22:00 - 23:00 |
- All times are GMT
- All above instruments are traded on “Market Execution”
- Market spread
- Slippage on pending orders may occur during high market volatility
- Subject to rollover fee for net open exposure more than 10 lot, click here to view rollover T&Cs
- Spot Gold is subject to inactivity fee for positions that remain open more than 365 days
- Spot Silver is subject to inactivity fee for positions that remain open more than 90 days
- Clients will be notified of public holidays via internal mail and/or vide ICM Brokers platform
The margin requirement offered on Spot Precious Metals CFDs is dynamic and adapts automatically based on the volume traded on each instrument. Consequently, as the trading volume per instrument increases, the margin requirement also increases, corresponding to the dynamic margin value specific to each instrument.
It is important to note that margin calculations are done per instrument traded. So, when a client has open positions on multiple instruments, the margin is calculated separately on each.
The following table illustrates the calculation process for dynamic margin:
| Margin Requirement | ||
| Open Lots | GOLD | SILVER, XAUEUR & XAGEUR |
| 0.01 - 24.99 | $1,000 | $5,000 |
| 25 - 49.99 | $2,000 | $5,000 |
| 50 - 99.99 | $4,000 | $10,000 |
| 100 and above | $8,000 | $20,000 |
| Spot Gold Maximum allowed exposure is 200 lots | ||
| Spot Silver Maximum allowed exposure is 120 lots | ||
| Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
|---|---|---|---|---|---|---|---|
| GOLD. | Spot Gold / US Dollar | 100 oz. | 0.3 | 0.01 | $1.00 | 150 Cents | View |
| SILVER. | Spot Silver / US Dollar | 5,000 oz. | 0.03 | 0.01 | $50.00 | 10 Cents | View |
GOLD
| Day | Open | Close | Re-Open |
|---|---|---|---|
| Sunday | 23:00 | ||
| Monday | 22:00 | 23:00 | |
| Tuesday | 22:00 | 23:00 | |
| Wednesday | 22:00 | 23:00 | |
| Thursday | 22:00 | 23:00 | |
| Friday | 22:00 |
SILVER
| Day | Open | Close | Re-Open |
|---|---|---|---|
| Sunday | 23:00 | ||
| Monday | 22:00 | 23:00 | |
| Tuesday | 22:00 | 23:00 | |
| Wednesday | 22:00 | 23:00 | |
| Thursday | 22:00 | 23:00 | |
| Friday | 22:00 |
- All above instruments are on market execution
- Spread may widen during extreme volatile market conditions
- Slippage on orders may occur during volatile market conditions
- 23.00 hours GMT every day, all trading accounts are required to maintain equity/margin ratio above 100%
- Clients will be notified of public holiday via internal mail through ICMB Platform
- Subject to change without prior notice
- No Delivery
