At AKFOREX we constantly strive to better serve our clients and address all their Forex market needs. We recently introduced precious metals on our MetaTrader4 platform. You now have the ability to trade spot GOLD and SILVER. This feature is enabled on all demo accounts, but only offered to our Corporate Account holders and Non-US Clients. If you do not see their corresponding symbols (XAU/USD and XAG/USD) in the market watch window right click inside the market watch window and select "show all". Please see below for detailed information on contract size, trading conditions, and examples. GOLD: XAU/USD Contract Size: • 1 lot = 100 oz. • 0.10 = 10 oz. Example 1: XAU/USD = 873.75 1.00 lot = 873.75 x 100 = $87,375 4% Margin = $3,495 Trading Conditions: • Margin = 4% • Minimum increment 0.05 = $5.00 • 50 % stop-out level Example 2: XAU/USD = 873.75 0.10 lot = 873.75 x 10 = $8,737.50 4% Margin = $349.50 SILVER: XAG/USD Contract Size: • 1 lot = 5,000 oz. • 0.10 = 500 oz. Example 1: XAG/USD = 16.5025 1.00 lot = 16.5025 x 5,000 = $82,512.5 4 % Margin = $3,300.50 Trading Conditions: • Margin = 4% • Minimum increment 0.0025 = $12.50 • 50 % stop-out level Example 2: XAG/USD = 16.5025 0.10 lot = 16.5025 x 500 = $8,251.25 4 % Margin = $330.05 * Trading SPOT Gold and Silver is disabled between 5:00 PM and 6:00 PM EST. If you have any questions, please do not hesitate to contact us at 30-210-9911852 or send an email to info@akforex.com .
Kindest Regards, AKFOREX TEAM