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Gold and Silver Trading

Gold and Silver are two of the oldest and most trusted forms of currency. With AxiTrader you can trade these precious metals as CFDs on the MT4 platform, in the same way as regular Forex currency trading.

Example 1: Profiting from a price increase

Let’s say you enter into a Gold CFD contract at a current market price of $1,291 per ounce, believing the value of the commodity will rise by a certain time. If the price of Gold has risen when your contract expires, you’ll make a profit based on the difference between the buy and sell price.

However, if it’s fallen below the buy price at the point when the contract expires, you’ll lose the trade.

Example 2: Profiting from a price decrease

Let’s again say you want to enter into a Gold CFD contract at $1,291 per ounce, this time believing the price will fall. If it did fall by the time the contract expired, you’d make a profit. If it had risen, you’d incur a loss.

Profiting from downward price movements is one of the unique aspects of CFD trading; if you were purchasing physical bars of Gold you could only profit by selling it for more than you paid for it.

Helpful hints for new Gold & Silver traders

  • Gold and Silver are measured in ounces
  • The price of metal commodities is expressed in $USD
  • The MT4 symbol for Gold is XAUUSD
  • The MT4 symbol for Silver is XAGUSD

Trading with leverage

Trading metals as CFDs with AxiTrader means you’re able to take advantage of leverage. This allows you to use a relatively small amount of capital to gain full exposure to a trade. It’s important to understand that while applying leverage offers the potential for larger profits, it can also increase risk and lead to larger losses, sometimes greater that the margin in your account.

Why trade Gold & Silver as CFDs?

  • No brokerage fees & no commission on standard accounts
  • Low margins - little as 1% for Professional clients
  • Super competitive spreads with ultra fast execution speed
  • Simple trading through the MT4 platform

Powerful tools to improve your trading

PsyQuation

Built to utilise Artificial Intelligence and Machine Learning, PsyQuation is a highly advanced trading analytics platform designed to reduce your trading mistakes and provide tailored trade suggestions.

Autochartist

Autochartist continuously scans the market for customised trade opportunities, based on realtime pricing and your specific trade setups, then alerts you to potential trades.

Precious Metals FAQs

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