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Silver

Get direct access to the spot metals market and trade Silver through the world’s most popular online platform – MetaTrader 4 or using any of our trade on-the-go mobile systems.

Why trade silver1

Whether you are a new or experienced trader, you will enhance your trading portfolio by investing in this alternative tool.

With FXCC’s flexible trading conditions, you have access to custom trade sizes which allow you to build your way to profit, under your own terms. Be it a small trade size with a low margin requirement or a high volume, we are ready to deliver on your needs.

Open a practice account today and take advantage of our state of the art platforms and enhanced trading tools.

Key advantages with Spot Silver:1

  • Low trade size.
  • No re-quotes.
  • STP technology.
  • Hedging and EAs allowed.
  • Fast execution.
  • Advanced charting tools.

Contract Specifications

Description Spot Silver
Symbol on Platform XAGUSD
Digits 2
Margin Percentage 1
Tick size 0.01
1 Lot size 5000 Oz.
Tick value of 1 lot $50.0
Minimum trade size 0.1 lots
Minimum size increment 0.1 lots
Minimum limit & stop level 0.1 pips
Execution mode Market
Spread Variable1
Swaps Available here
Commission $15.0 per lot
Margin requirement Trade size (lots) x contract size x market price x percentage / 100
Daily Working hours 01:05-23:552*
Monday - Friday

1 Click here for General Risk Disclosure.

2 * Server time is adjusted according to Cyprus local time. During the Day Light Saving Time our operation and server time
are adjusted according to the New York time (EST).

Silver trade example

Long position

Open Price = 20.00

Closing Price = 20.50

Trade size = 1 lot (5000 ounces)

Required Margin to open 1 lot (5000 ounces) of Silver = 1 x 5000 x 20.00 x 1/100 =$1000

Profit/Loss Calculation

The Buy position (1 lot) was closed (sold) at 25.00 from a 20.00 open.

Market movement = 20.50-20.00 = 50 ticks.

P&L Calculation = $50 x 50 = $2500

With your account being setup, you have access to a wide range of valuable information about the forces affecting the Silver market price, via our Trading Blog.

RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.

RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.

FXCC does not provide services for United States residents and/or citizens.

FX Central Clearing Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under CIF Licence Number 121/10 and operates under the EU Markets in Financial Instruments Directive (MiFID). FX Central Clearing is on the FSA(UK) Register (Reference Number 549790) and EEA Authorised.

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