Spot Metals trading Hours: 01:00 to 24:00 server time Monday to Friday.
Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time).
Forex Holiday Trading hours: December 24, 2012 - Janyary 2, 2013
Spot Metals Margin requirements: 1%
Gold Forex Margin Calculation = 100 * Metal Rate * 1%
Silver Forex Margin Calculation = 5 000 * Silver Rate * 1%
|
Metals |
Long** |
Short** |
|
Gold |
-2.2 |
-0.5 |
|
Silver |
-1.9 |
-0.6 |
|
Metals |
Min Contract Size |
Size of 1 Lot |
1 Pip Value per 1 lot |
Minimum Price Fluctuation |
|
Gold |
0.1 lot |
100 oz |
1 USD |
0.01 |
|
Silver |
0.1 lot |
5,000 oz |
50 USD |
0.01 |
* - The spreads listed are our best possible spreads used in normal market conditions. Under certain market conditions, - such as over the release of key economic figures, during periods of volatile market conditions, and during the sometime illiquid European night time - spreads may be wider.
** - All positions left open from 23:59:45 to 23:59:59 (Server time) will be rolled over with swap.
Note: Limit and stop level starting from 5 pips for major Forex currency crosses. - For all orders there is a minimum distance to current market. This means that all orders must be placed with a minimum distance to market.
Start getting your benefits with Paxforex if you are a forex silver and forex gold trader.