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 | INFINITYX | |||||
| Spreads as low as | 0.061 | 0.061 | 0.061 | 0.037 | ||||
| Size of 1 lot | 1,000 Ounces | 1,000 Ounces | 1,000 Ounces | 1,000 Ounces | ||||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | 0.01 | ||||
| Maximum Contract size, lots | 60 | 60 | 60 | 60 | ||||
| Tick value per 1 lot | 1 USD | 1 USD | 1 USD | 1 USD | ||||
| Volume limitation | n/a | n/a | n/a | 100 | ||||
| Margin requirement | 1% | 1% | 1% | 0% | ||||
| Minimum Price Increment | 0.001 | 0.001 | 0.001 | 0.001 | ||||
| Limit and Stop Levels | 10.0 | 10.0 | 10.0 | 10.0 | ||||
| Negative Balance Protection | Yes | Yes | Yes | Yes | ||||
| Swap free days allowance | 0 | 0 | 0 | 0 | ||||
