FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
92%
XM information and reviews
XM
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%

Trade CFDs on gold and silver with IronFX


22 March 2021

IronFX is the gold standard in trading CFDs on such precious metals as gold and silver. You can trade CFDs on spot metals with IronFX and mine new trading opportunities. Trade gold CFDs, silver CFDs or platinum CFDs without the need to buy physical metals. We provide our clients with access to both precious and base metals. Savvy investors understand that metals are a great way to diversify a portfolio and hedge against inflation. They provide low or negative correlation to other asset classes, so by adding them to your portfolio, you can reduce volatility and risk.

Why Trade Spot Metals?

Metals are commodities that can be traded on the metal exchanges such as the London Metal Exchange (LME), the New York Mercantile Exchange (NYMEX) and the Shanghai Gold Exchange. Commodities trading used to require time, money and expertise, whereas now, trading has been democratised with more choices for participation. Trading CFDs on hard metals such as gold, silver, platinum and palladium has become a popular form of derivative trading, allowing investors to speculate on the rising and falling prices of the commodities market.When traders invest in spot metals, they are essentially exchanging a spot metal for a currency.

Gold is the most popular commodity offering high liquidity and trading it through CFDs allows for significant leverage and measured risk. Platinum, palladium and silver are also important due to their industrial applications as well as their use in the manufacturing of jewellery. Platinum is considered the most volatile of the precious metals, whereas the lesser-known palladium has more industrial uses.

Trading spot metals is similar to forex currency trading where investors take short or long positions on the metals’ prices. With IronFX, you can buy and sell CFDs on gold and silver with best-of-market spreads and spot execution without having additional foreign exchange exposure.

Trade gold and silver with us, open a risk-free demo account and test your trading strategies with no deposit required. Our MetaTrader 4 online trading platform allows our clients to get the advantage of trading with fast execution and no requotes.

Among investors, metals trading is seen as an important way to diversify one’s portfolio, with gold being particularly popular because of its status as a reliable metal to hedge against currency devaluation or high inflation. As a safe haven commodity, gold has been used to hedge against US dollar volatility. The reason is that gold is dollar-denominated and, if the US dollar rises, it will most likely keep the price of gold lower. On the other hand, silver has been used to hedge against currency market volatility.

Metals trading is appealing to traders because of the commodities’ high liquidity. IronFX is dedicated to making your trading experience smooth and stress-free by offering a robust trading platform, complimentary trading tools and a wealth of market insights to boost your trading experience.

#source

Share:


Related

Forex broker OctaFX joins Great Vision in charitable educational program in Malaysia
Forex broker OctaFX joins Great Vision in charitable educational program in Malaysia

OctaFX and Great Vision Charity Association partnered during Ramadan to provide six students in Malaysia with much-needed allowance for the next twelve months...

1 Jul 2022

MultiBank: A New Era of Financial Security
MultiBank: A New Era of Financial Security

The global financial derivatives broker, MultiBank Group, aims to become a game-changer in the crypto industry through its digital asset exchange platform. MultiBank Group built MultiBank...

29 Jun 2022

Trading World Cup: IronFX's Homage to the FIFA World Cup
Trading World Cup: IronFX's Homage to the FIFA World Cup

June 2022 - IronFX is pleased to announce the launch of its new trading competition, The Trading World Cup. The forex competition starts on the 1st of July and ends on the 30th of September 2022...

28 Jun 2022

Ronaldinho Joins Olymp Trade as an Ambassador
Ronaldinho Joins Olymp Trade as an Ambassador

A new partnership between Ronaldinho and Olymp Trade sees the “Gaucho” blazing into new territory off the pitch with the same passion and resolve that formed his household name...

28 Jun 2022

MultiBank Group Leverages Its Power to Increase Global Crypto Adoption
MultiBank Group Leverages Its Power to Increase Global Crypto Adoption

in California, United States, MultiBank Group is one of the world’s largest financial derivatives providers, with a paid-up capital of over $322 million...

24 Jun 2022

What is PMAM Trading Platform?
What is PMAM Trading Platform?

With technology constantly evolving more and more trading platforms have entered the financial markets. Personal Multi Account Manager (PMAM) is one of them...

23 Jun 2022


Editors' Picks

HFM information and reviews
HFM
87%
IronFX information and reviews
IronFX
86%
FXCM information and reviews
FXCM
85%
Pepperstone information and reviews
Pepperstone
84%
NordFX information and reviews
NordFX
83%
LegacyFX information and reviews
LegacyFX
82%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.