PRECIOUS METALS

You can exchange with the valuable metals like Gold, silver, and palladium.

1. Exchanging Hours

Complete 23 hours are accessible for metal exchanging. During these times you can set pending requests, open and close exchanges and modify value levels. Subsequent to shutting of the market you can't make any move on positions or pending requests.

2. Metal Pricing

Our responsibility is to furnish you with aggressive exchange costs—tight offer/ask spreads on each metal item.

3. Contract Size/Trade Size

Profx Market Financial Services LLP, a Precious metals exchanging organization. Our everything items are amassed into institutionalized exchange sizes. It streamlines exchanging and furthermore gives a cost to each parcel size instead of normal open and close costs when different positions are taken in a similar instrument. A tick or pip worth is related with each parcel for exact figurings, and benefit/misfortune on a position are consequently changed over into the money of the specific record.

4. Tick Value

Tick worth is determined in a similar way as it is accomplished for the different lists advertised.

5. Least Margin Requirements (MMR)

Profx Market Financial Services LLP Margin Rates are shown in the table above and all records are set to an edge of 1% of the agreement esteem. The edges point by point are Profx Market Financial Services LLP default edge prerequisites.

6. Medium-term Rollover

All open metal positions are moved naturally to the following exchanging day. Contingent upon whether you are long (purchase) or short (sell) you could either be charged or credited rollover enthusiasm consistently. You can discover subtleties of Profx Market Financial Services LLP rollover rates(rolls) on the Trading Station or on our landing page in a straightforward way. It would be ideal if you note that every single vacant position at the end of business on Wednesday acquire a 3-day rollover charge/credit, and bank occasions will influence the quantity of days that a position is moved forward.

7. Lapse and contract rollover charge

Copper is the main metal to have a lapse. All other metal exchanges will stay open until such time the customer shuts the position or there is inadequate edge to help the vacant position. For Copper, the vacant position will be moved by Profx Market Financial Services LLP and the customer will be charged or credited by the value contrast between the old and the new contract alongside a 20% contract rollover expense.

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