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Platinum is a noble metal, with many uses including catalysts, electrical equipment, thermometers, and jewellery. South Africa accounts for nearly 80% of world supply, with US being the heaviest consumer of platinum mainly for the jewellery and automotive industries. Futures and options are a significant part of a group of elements referred to as the platinum group metals (PGMs).
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 6.6 | 6.6 | 6.6 | |||
| Size of 1 lot | 50 Troy Oz | 50 Troy Oz | 50 Troy Oz | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 5 USD | 5 USD | 5 USD | |||
| Volume limitation | n/a | n/a | n/a | |||
| Margin requirement | 1500 USD | 1500 USD | 1500 USD | |||
| Minimum Price Increment | 0.1 | 0.1 | 0.1 | |||
| Limit and Stop Levels | 70.0 | 70.0 | 70.0 | |||
| Negative balance protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
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Legal: HF Markets (SV) Ltd is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 22747 IBC 2015.
Risk Warning: Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full Risk Disclosure.
HFM does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others.
