CFDs on Spot Precious Metals

CFDs on


precious_metal_bg
Symbol / Name Spread Min. Fluctuation Min. Distance for Pending Orders
XAUUSD / Gold50 Cents000.051 USD from market price
XAGUSD / Silver4 Cents00.018 Cents from market price

When trading CFDs on spot precious metals, 1 standard contract of Gold equals 100 ounces, and 1 standard contract of Silver equals 5000 ounces. Take a look at the table below:

Symbol/ Name Contract Type Contract Size
XAUUSD/ GoldStandard Contract (1.0 Lot)
Mini Contract (0.1 Lot)
Micro Contract (0.01 Lot)
100 Ounces of Gold
10 Ounces of Gold
1 Ounce of Gold
XAGUSD/ SilverStandard Contract (1.0 Lot)
Mini Contract (0.1 Lot)
Micro Contract (0.01 Lot)
5000 Ounces of Silver
500 Ounces of Silver
50 Ounces of Silver

When trading CFDs on spot precious metals, a fixed amount will be held as margin for each contract according to the account leverage as follows:

Required Margin per Contract:

Account Type Leverage Standard Mini Micro
Standard-Mini Only1:1$100,000$10,000-
Standard-Mini Only1:50$2000$200-
Standard-Mini, Micro1:100$1000$100$10.0
Standard-Mini, Micro1:200$500$50$5.0
Standard-Mini, Micro1:300$333.33$33.33$3.33
Micro Only1:400--$2.5
Micro Only1:500--$2.0

* The held margin for a hedged position is the same for one open position of the same volume (for example, the held margin for 1 standard lot hedged position is $1000 on leverage 1:100).

Making profits in trading is all about expectations and speculations for prices. The main concept is to buy a product hoping to sell it on a higher price or vice versa, so that the difference is your profits. Sometimes the market may go against your trades, thus the result would be losses.

As an investor, your net realized profits will be the total profit your order has made minus your brokers spreads, commissions, and/ or any other deductions. As for DorsiaFX, we only charge the spreads when trading on gold and/ or silver.

As gold and silver prices are in USD, the profits/ losses are directly calculated in USD according to the simple equation below:

Profit/ Loss = (Bid Price – Ask Price) X Contract Size X Number of Lots

Example:

You bought 2 contracts of Silver at price 12.35. In few days, the market goes up in your favour and you close your order at price 12.42.

Your profits will be as follows:

Profit/ Loss = (Bid Price – Ask Price) X Contract Size X Number of Lots
Profit/ Loss = (12.42 12.35) X 5000 Oz X 2.0 Lots
Your Profit = 700 USD

* DorsiaFX”DorsiaFX” may in its soul and absolute discretion, at any time, without any prior
notice change its commissions, fees, spreads, margin requirements and leverages, or close any account.