Forex | Forex | Alpari (UK) launches precious metals trading (29/04/2009 10:36:00)

Alpari (UK) launches precious metals trading

Alpari (UK), one of the world’s fastest growing online foreign exchange (Forex) trading providers, today announced the introduction of Spot Gold and Spot Silver (non deliverable) against the US-Dollar. The launch of precious metals is a logical move whereby Alpari (UK) is complementing and diversifying its product offering in order to continue delivering a more comprehensive trading experience to its clients.

Alpari (UK) offers precious metals for both Classic and Demo Accounts. Spreads for Gold will be $0.75 during the day and $1.00 at night, and $0.10 day and night for Silver. One standard lot represents 100 troy ounces for Gold and 5000 troy ounces for Silver. Trading times are 24 hours a day and five days a week, with no commission on precious metal trades.

Details: GOLD SILVER

1 lot 100 troy oz. 5000 troy oz.

Minimum Volume 0.10 0.10

Spread (Day/Night) $0.75 / $1.00 $0.10

Tick value (Per 1 lot) $5.00 $50.00

Minimum price increment (Tick size) 0.05 0.01

Margin* 2%/5% 2%/5%

Instant Execution 5 lots 5 lots


CFDs on European, American and Asian equities will be available in the future.

*Margin will be 2% for position sizes up to 10 lots (Gold 1000 troy oz/ Silver 50,000 troy oz.) then 5% for larger positions.
For more information, read our latest forex news.


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