London Gold is 2% of the value of each hand
London Silver is 3% of the value of each hand
Trading hours: The trading lasts from 8:00 am every Monday to 4:00 am on Saturdays.
Under normal circumstances, most of the US economic data release period is after 20:30 of each trading day, and at this period the market has the biggest fluctuations. Besides, 15:00 and 00:00 are also relatively active trading hours.Note: Tuesday to Friday from 4:00 am to 4:20 am is the settlement time. On Saturday it is 3:00 (summer time) and 04:00 (winter time). It is not possible to trade (except international holidays).
London gold: multiple orders 2.50%; empty orders 0.50%
London silver: multiple orders 4.50%; empty orders 1.50%
When the account net value is less than 20% of the occupied funds, the system will force a close out.
London gold is $0.50 per ounce
London silver is $0.04 per ounce
Affected by the volatility and liquidity of the trading market, when the market is volatile or the market liquidity is insufficient, the market risk will increase. In order to reduce the risk generated by the market fluctuations experienced by customers, the platform gold trading spread of the company will be widened to 0.7 US dollars; London silver trading spread will be extended to 0.05 US dollars.
Spread widening will occur in the following situations:
The market is volatile, that means the period after the release of important information by the market (such as non-agricultural data) or the announcement of major news (usually the period 30 minutes before the announcement and 15 minutes after the announcement).
Insufficient market liquidity, that means, irregular trading fluctuations or gaps in the US market closing time, which is from 03:00 am to 07:00 am (summer time) and 04:00 am-07:00 am (winter time) in the morning from Tuesday to Friday in Beijing time.
Trading leveraged financial instruments such as foreign exchange, commodities, indices, and other products is risky. You may lose part or all of your initial investment. This may not be suitable for many investors. Please ensure that you fully understand the risks and consider your investment objectives, level of experience, and preferences. You should carefully manage your risks and seek independent advice if necessary. It is important that you carefully read our Client Agreement and Privacy Policy before deciding to use any of our products.
Disclaimer:
The information on this site is not directed at residents of the United States, Germany, the People’s Republic of China and Hong Kong SAR of PRC and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Company name:Far East Precious Metal (HK) Limited
Registration number:1409390
Registered and business address: 10/F Woon Lee Commercial Building, 9 Austin Avenue, Tsim Sha Tsui, Kowloon, Hong Kong