Silver is one of the rarest metals on earth, and is considered a high demand commodity by many traders. It is both a precious metal and an industrial metal in high demand due to its excellent conductivity and reflective properties. Major silver producers include Mexico, Peru, China and Russia.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.054 | 0.054 | 0.054 | |||
| Size of 1 lot | 1,000 Ounces | 1,000 Ounces | 1,000 Ounces | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 1 EUR | 1 EUR | 1 EUR | |||
| Volume limitation | n/a | n/a | n/a | |||
| Margin requirement | 1% | 1% | 1% | |||
| Minimum Price Increment | 0.001 | 0.001 | 0.001 | |||
| Limit and Stop Levels | 10.0 | 10.0 | 10.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
