Precious Metals
Historically, precious metals have been used as a hedging tool.
The market is hugely traded and is the most popular trading variety in the world.
Horseforex offers you a lower spread and flexible trading methods
to start your precious metal trading journey.
Precious Metals Facts
- 24-hour continuous trading
- Safe-haven assets
- High liquidity
- Two-way transaction
- Huge market
- 100:1 leverage
- Minimum trade 0,01 lots
Horseforex has benefited from the liquidity support of many top banks around the world, using advanced quotation aggregation bridging technology to keep our spreads low at any trading time. The use of MT4 & MT5 platform for precious metals trading makes the investment method more convenient and flexible.
The safe-haven value of precious metals determines that it has value-preserving and value-adding functions during periods of large market volatility. Regardless of market conditions, precious metals have sufficient trading opportunities and investment value through investment portfolios. Enjoy high liquidity at the Horseforex, 100% automatic order fulfillment, with the fastest and most stable trading environment in the industry.
Precious Metals Trading Spreads / Conditions
| (Symbol) | Description | Avg spread | Long | Short | Time |
|---|---|---|---|---|---|
| XAGEUR | Silver vs Euro | 2.6 | -0.641 | -0.865 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAGUSD | Silver vs US Dollar | 3.6 | -0.895 | 0 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAUEUR | Gold vs Euro | 1.5 | -3.865 | -6.548 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAUUSD | Gold vs US Dollar | 1.3 | -1.98 | -0.19 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
Trading time and some Remarks
Trading example
*First you need to know
Taking XAUUSD as an example, the minimum number of jumping points is 0.01, and the point value of one base point is $1 (under six quotations)
| Open price | close price | points | value | size | profit |
|---|---|---|---|---|---|
| 1220.15 | 1231.25 | 1100 | 1USD | 5 | 5500USD |
"We bought five sizes orders when XAUUSD quoted $1220.15 per ounce and closed our position at $1231.25 per ounce. Profit and loss amount =[1231.25-1220.15 ( 1110 basis points)] *1 U.S. dollars (point value)*5 standard sizes = 5500 U.S. dollars "
| (Symbol) | Description | Avg spread | Long | Short | Time |
|---|---|---|---|---|---|
| XAGEUR | Silver vs Euro | 1.5 | -0.641 | -0.865 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAGUSD | Silver vs US Dollar | 1.6 | -0.895 | 0 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAUEUR | Gold vs Euro | 3.0 | -3.865 | -6.548 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
| XAUUSD | Gold vs US Dollar | 2.9 | -1.98 | -0.19 | Monday to Thursday1:00-23:59 Friday1:00-23:45 |
Trading time and some Remarks
Trading example
*First you need to know
Taking XAUUSD as an example, the minimum number of jumping points is 0.01, and the point value of one base point is $1 (under six quotations)
| Open price | close price | points | value | size | profit |
|---|---|---|---|---|---|
| 1220.15 | 1231.25 | 1100 | 1USD | 5 | 5500USD |
"We bought five sizes orders when XAUUSD quoted $1220.15 per ounce and closed our position at $1231.25 per ounce. Profit and loss amount =[1231.25-1220.15 ( 1110 basis points)] *1 U.S. dollars (point value)*5 standard sizes = 5500 U.S. dollars "
