Silver/US Dollar / XAGUSD - Trading Details

Product Description

Silver is one of the rarest metals on earth, and is considered a high demand commodity by many traders. It is both a precious metal and an industrial metal in high demand due to its excellent conductivity and reflective properties. Major silver producers include Mexico, Peru, China and Russia.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.03 0.03 0.03
Size of 1 lot 1,000 Ounces 1,000 Ounces 1,000 Ounces
Minimum Contract size, lots 0.01 0.01 0.01
Maximum Contract size, lots 60 60 60
Tick value per 1 lot 1 USD 1 USD 1 USD
Volume limitation n/a n/a n/a
Margin requirement 1% 1% 1%
Minimum Price Increment 0.001 0.001 0.001
Limit and Stop Levels 10.0 10.0 10.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0
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