Gold and Silver Trading

Sunday, July 12, 2009

SpreadsGFX offers 2 to 3 pip spreads in major currencies.Margin RequirementsAll currency products can be traded on 0.5% margin (200:1 leverage).Overnight chargesOpen positions may have overnight charges applied daily at 5pm EST. The exact amount, in dollars per lot, can be viewed from your trading software as follows.Commissions and FeesZero for all accounts and all products, unless agreed otherwise.Trading Hours24 hours for all products beginning Sunday night at 5pm EST and ending Friday afternoon 5pm EST.Placing OrdersTrading is most efficiently conducted on GFX Global Trading Software. However, GFX also supports trading by telephone or online chat.Tick values and lot sizesCurrencies are set at 100,000 units of the base currency per lot. Metals vary by product. Fractional lot trading is also possible (e.g., trade 0.1 lots for a transaction size of 10,000 units).