Precious Metals

Precious Metals

With the excellent spread supplied by IMS FX , you can trade XAU and XAG without FX trading risk. XAU trading is similar to FX margin trading, hence, investors can make long-term or short-term XAU investments.XAU market is a global market where trades around the world can be made 24 hours a day, 5 days a week.

Advantages of trading in precious metals:
  • Diverse portfolio: Best tool to hedge against inflation.
  • Hedging: In a strong financial market, investors can hedge their risks and increase profits.
  • Safety: The best weapon against inflation and political and economic turmoil.
Advantages of trading precious metals in IMF FX
  • Zero commission.
  • Trades 24 hours a day, 5 days a week.
  • Suitable for long or short-term investments.
  • 1:100 leverage (1% margin).
  • Stop-loss and stop-profit settings available.
  • Minimum order size – 0.1 lot.
Trade Code Standard Account Premium Account GTS Account
XAU/USD 3.9 2.9 2.2
XAG/USD 4 3.5 3
XAU/EUR 2.6 2.3 2
XAG/EUR 2.6 2.3 2
XPT/USD 3.5 2.5 1.8
XPD/USD 4.8 3.8 3.1

The above spreads are applicable during normal trading conditions. FMS FX reserves the right to modify the above minimum spreads according to market conditions, trading terms and conditions of the company at any time.

Trade Code Interest Rate for Buy Order Interest Rate for Sell Order
XAU/USD -0.6 0.2
XAG/USD -20 -10
XAU/EUR -0.5 -6
XAU/JPY -3 -4
XAU/AUD -4 -0.5
XAG/EUR -16 -10
XPT/USD -7 0.3
XPD/USD -3 -0.8

Swap rate is mainly determined based on interest rate and expenses incurred by a company to open an overnight position. Swapped currency is automatically converted to base currency used in the customer's trading account. This operation is done at 23:59 (server time) and may take several minutes.

Trade Code Minimum Trading Lot Minimum Price Movement Lot Size Margin/Lot
XAG/USD 0.1 0.001 5000 oz 1% X 5000 X market price of XAG (Dollars)
XAU/USD 0.1 0.01 100 oz 1% X 100 X market price of XAU (Dollars)
XAG/EUR 0.1 0.001 5000 oz 1% X 5000 X market price of XAG (Dollars)
XAU/EUR 0.1 0.01 100 oz 1% X 100 X market price of XAU (Dollars)
XPT/USD 0.1 0.001 5000 oz 1% X 5000 X market price of XAG (Dollars)
XAG/USD 0.1 0.01 100 Troy Oz 1% X 100 X pT Mkt price
XPD/USD 0.1 0.01 100 Troy Oz 1% X 100 X pD Mkt price
  • In the event of positive available margin, (margin level >100%), hedging a position will be charged at 100% margin without commission.
  • Prices and trades open at 00:05 server time, every Monday.
  • Prices and trades close at 23:55 server time, every Friday.
  • Server time is GMT+2 (GMT+3 during summer)
  • Quotations and effective trades for metal products (XAU, XAG, XPT and XPD) are available between server time 01:01 every Monday and 23:55 every Friday.
  • Metal trading is closed between server time 00:00 to server time 01:01 from Monday to Thursday, during which time quotations and trades are suspended.
  • Overnight interest
  • Overnight interest rate for precious metals are updated before each Wednesday, and triple overnight interest rate is collected on each Wednesday.
  • Overnight interest rate table adopts 10,000 units as the base and 100oz XAU is a lot; hence, the price of XAU/lot is calculated by dividing the available price by 100.
  • IMS FX data are sourced from liquidity providers. If precious metal overnight interest rates given by liquidity providers greatly differ from existing prices, IMS FX will adjust overnight interest rate for that day temporarily, and will inform you via email.