Trading Spot-metals

2 May, 2018

The minimum amount of contract is 100 ounce for Gold and 5000 ounce for Silver. Quotes for Gold and Silver are shown in USD and Euro. You can see it from the name of the contracts.

Nowadays prices for Gold and Silver are quoted in USD and Euro. 

The leverage varies from 1:1 to 1:1000. Spread is 5 USD per contract both for gold and silver. 

You can open both long (buy) and short (sell) positions. But remember that if you roll over your position to the following day the swap/rollover is charged. Swap varies depending on the asset and trader’s position (long or short)

Golden bullions


Gold prices are set every day on the London Gold Fixing – a traditional ceremony which gold market-maker banks take part in. Object of the trade is good-deliver bullions – bullions of standardized size and quality.

  • The weight of the bullion should be 250-400 troy ounces
  • Minimum acceptable fineness is 995.0 parts per 1,000 parts fine gold.
  • A bullion should be flawless and have even surface.
  • The bars should have a stamp of the producer* with weight in multiples of 0.025 oz rounded down to the nearest multiple.

Source link  
Deposit amount to be reduced to $50

FIBO Group gladly announces that from the 15th of March the minimum deposit amount shall be 50 US dollars or equivalent in other currency...

Upgrade of condition for Umstel platform

FIBO Group is glad to announce that the 17th of December 2018, trading conditions for Umstel web-platform shall be changed as follows margin...

FIBO Group increases leverage for crypto

FIBO Group is glad to announce that the 3rd of December 2018, the leverage for all the tradable cryptocurrencies shall be increased to 1:10. The new leverage...


Access to trading American stocks

Starting from the 19th of November, 2018 clients of FIBO Group will be able to open an Umstel Stock account in their Personal Cabinet...

Trading cryptocurrencies with FIBO Group

FIBO Group announces that from the 15th of October trading with cryptocurrencies is to be available with the following types of accounts...

9 cryptocurrencies are available on PAMM

FIBO Group announces that now you may invest in cryptocurrency via the service of managed account PAMM. Earn with efficient and modern financial instruments...


Cryptocurrencies on PAMM accounts

FIBO Group, Ltd. gladly announces that now you may invest in cryptocurrency via the service of managed accounts PAMM. Starting from the...

FIBO Group training center

FIBO Group training center offers various education programs both for beginners and experienced traders. We exercise every effort to help you to succeed...

Investments with big financial returns

In the middle of July an independent analyst, Roman Shevchenko visited Shanghai. He gave an Investments with high financial returns seminar in the Pullman...

  


Share: