As a relatively long-term investment product, trading and holding physical Gold & Silver have become increasingly popular among individual investors in recent years. The vast market, flexible trading methods, and simple buying and selling operations make it easy for both experienced investors and beginners in gold investment to take advantage of the product's benefits and opportunities for profit.
Spot gold, also known as London Gold, is named after its origin in London. Spot gold trading is a contract-based buying and selling using the leverage principle. It is priced in "USD per ounce," and transactions are settled in USD. Since trading spot gold does not require the extraction of physical gold, it eliminates the steps of transporting, storing, inspecting, and appraising physical gold. The price difference between buying and selling is also smaller than the price difference in physical gold trading. Currently, LXFX provides you with the XAU/USD trading product.
Spot silver, also known as London Silver, is a leveraged investment product traded 24 hours a day, similar to spot gold. The price of silver is mainly influenced by supply and demand, and in recent years, silver has experienced high demand, making its fundamentals strong, and the price more volatile than many other metals. Currently, LXFX provides you with the XAG/USD trading product.
LXFX exclusively provides you with a series of professional analysis tools, including cTrader, to help you comprehensively grasp market dynamics and gain trading inspiration.
Spot gold, silver, and futures copper have nearly 24 hours of trading time every day. Spot gold and spot silver only briefly pause during the market closure from 17:15 to 18:00 Eastern Time each day, while futures copper only briefly closes from 00:00 to 01:00 platform time.
Trading Contract | Margin Ratio | Daily Trading Hours (GMT+3) | 1 Lot Contract Size | Minimum Trading Lots | Average Spread |
---|---|---|---|---|---|
XAU/USD (Gold/USD) | Up to 100:1 | 24 hours | 100 ounces | 0.1 | 3.8816 |
XAG/USD (Silver/USD) | Up to 50:1 | 24 hours | 5000 ounces | 0.1 | 4.4 |
You can easily trade Gold & Silver, including gold and silver, through our cTrader trading platform. Trading gold and silver on the LXFX cTrader trading platform involves pre-set contract sizes. For gold, the contract size of one standard lot is equivalent to 100 ounces, while for silver, the contract size of one standard lot is equivalent to 5000 ounces. This means that traders can enter this highly liquid trading market with smaller positions, better risk control, and diversified trading portfolios.
LXFX provides a variety of rich and diverse education and training resources. Whether you are a trading novice or an experienced trader, you can find practical tools and learning resources prepared for you here. Our professional customer service team is dedicated to providing you with one-on-one quality service to answer any account, technical, or trading questions you may have.