|
|
In
addition to its well recognized currency dealing expertise, CFX also
offers spot gold and silver trading on the same trading
software. You will see these instruments as "GLDUSD"
and "SLVUSD" at the bottom of the "Dealing
Rates" window. Product specifications are as follows:
Gold
 |
Symbol:
"GLDUSD" on the "Dealing Rates" Window
|
|
Lot
Size: 50 ounces
|
|
Pip
Value: .01 =
$0.50 per Lot
|
|
Margin:
same as currencies; $50 per lot
|
|
Trading
Hours: 24 hours a day.
However, most activity and liquidity is between 4AM and
2PM New York time.
|
Advantages:
|
Less
than 1/10th the margin requirement of futures exchanges or
other firms |
|
Fully
integrated with FX trading account, using the same account
equity and trading software |
|
Additional
trading and hedging opportunities that are not correlated
with currencies |
|
Interbank-standard
bid/ask spreads of only 0.50 dollars (fifty cents)
|
Silver
|
Symbol:
"SLVUSD" on the "Dealing Rates" window
|
|
Contract
Size: 1,000 ounces.
|
|
Pip
Value: .01 = $10 per
Mini lot
|
|
Margin:
same as currencies; $50 per lot
|
|
Trading
Hours: 24 hours a day.
However, most activity and liquidity is between 4AM and 2PM
New York time.
|
|
-
Less than 1/4 the margin required by future exchanges or
other firms |
|
-
Fully integrated with FX trading account, using the same
account equity and trading software |
|
-
Additional trading and hedging opportunities that are not
correlated with currencies |
|
-
Interbank-standard bid/ask spreads of only 0.02 dollars
(two cents)
|
Click
Here for a free demo account.
|
|
|
 |
|
| Register for a
Free Demo |
| Open a demo account online
and test-trade with the industry's leading
software. Demo accounts are free and allow you to
practice with no
risk. | |
|
|
|
 |
|
| Open a Live
Account |
| Open a Live Trading account
with CFX and start taking advantage of lower costs,
superior trade execution, and 24 hour
support | |
|
|
