Gold, silver, platinum and palladium trading rules Product details Gold XAU/USD Silver XAG/USD Platinum XPT/USD Palladium XPD/USD Contract unit (per lot) 100 oz. 5000 oz. 100 oz. 100 oz. Maximum transaction volume per transaction The maximum transaction for a single request is 20 lots The maximum transaction for a single request is 10 lots The maximum transaction for a single request is 10 lots The maximum transaction for a single request is 10 lots Minimum transaction volume XAU/USD 0.01 lot(1oz) XAG/USD 0.01 lot(50oz) XPT/USD 0.01 lot(1oz) XPD/USD 0.01 lot(1oz) Spread (For reference only, the quotation spread may be adjusted at any time due to market fluctuations and quotations from price providers, based on market supply.) Buy and sell current price/stop loss order Only accept distance market price Only accept distance market price Only accept distance market price Only accept distance market price Price limit other than 2 US dollars (Before major information is announced, the order distance limit may be adjusted, please pay attention to the transaction notice on the website for details) Price limit other than 0.2 USD (before major information is announced, the order distance limit may be adjusted, please pay attention to the transaction notice on the website for details) Price limit other than 2 US dollars (Before major information is announced, the order distance limit may be adjusted, please pay attention to the transaction notice on the website for details) Price limit other than 2 US dollars (Before major information is announced, the order distance limit may be adjusted, please pay attention to the transaction notice on the website for details) Trading margin The initial margin is 3% of the total contract amount The initial margin is 5% of the total contract amount The lock-up margin is 1% of the total amount of each contract The lock-up margin is 2% of the total amount of each contract The lock-up margin is 1% of the total amount of each contract The lock-up margin is 1% of the total amount of each contract Interest required for buying and selling The interest rate of each product is different, please pay attention to the product list on the platform or the company website
System settlement time 5:00 a.m. Beijing time every day (During summer) 6:00 am Beijing time every day (During winter) Trading hours Monday 6:00 a.m. to Saturday 5:00 am Beijing time (During summer) Monday 7:00 a.m. to Saturday 6:00 am Beijing time (During winter) 24 hours continuous trading during the period System maintenance time 05:00-06:00 a.m. Beijing time every day (summer time) 06:00-07:00 a.m. Beijing time every day (winter time) If the margin is less than 100% of the required margin thirty minutes before the market closes on Fridays and international holidays, the system will force liquidate the position starting from the transaction order with the largest loss. When market prices fluctuate greatly, it may be possible to force liquidation at a margin ratio lower than 100%. The validity period of pending orders and stop-loss and profit settings is 1 week. All pending orders and unexecuted stop-loss and profit settings will be canceled after weekends or international holidays. If necessary, customers can reset after the market opens on Monday or after an international holiday. Trading hours will be adjusted in accordance with international financial holidays. Please pay attention to the company website announcement for details. Note: This information is subject to change without prior notice.
Remark 1: Inactive account charges USD 7 per month
Product:
Product details
The forced liquidation is 30% lower than the initial margin. When the margin ratio of the customer's trading account is lower than 30%, the system will force liquidate the position starting from the transaction order with the largest loss until the margin returns to above 30%. When the market price fluctuates greatly, the margin ratio may be lower than 30% and the position may be forced to be liquidated.
When the initial margin ratio of a customer's trading account is lower than 80%, the system will notify the customer to call for margin.
Trading hours
Remarks
Remark 2: Examples of margin for general investment account spot gold and silver contract transactions:
One lot of gold trading margin
USD 2,600 (opening price) × 100 (contract unit) × 2% (margin requirement ratio) × 1 (number of lots) = USD 5,200
One lot of silver trading margin
USD 30 (opening price) × 5,000 (contract unit) × 2% (margin requirement ratio) × 1 (number of lots) = USD 3,000
Remark 3: The bid-ask spread may be adjusted due to market fluctuations, and all quotations are subject to system display.
Since the price fluctuations will be extremely violent when major data results are announced, when investors trade, the transaction price (including the set order) may be different from the required price (the set order price). Please note that related risks.
The validity period of pending orders and stop loss and profit settings is one week. All pending orders and stop loss and profit settings that have not been executed at the market close before weekends and international holidays will be cancelled. If necessary, customers can reset on Monday or during the market opening after a holiday.
Trading hours will be adjusted in accordance with international financial holidays. Please pay attention to the announcement on the official website for details.
These transaction details are subject to change without prior notice.