Precious metals trading
Trade CFDs on Spot Metals
and unmask new trading opportunities
Average execution time
< 0.08 ms
Up to 7,000 orders executed per second
Ultra-low latency data centre co-location
Why trade with PlusFX
Benefit from ultra-fast order execution with most orders executed in under 0.08 ms.
Years of Excellence
Choose a trusted broker that serves clients all over the world, based across five continents.
Trade 250+ Instruments
Trade CFDs on Forex, Shares, Futures, Spot Indices, Spot Metals and Spot Energies.
4 Trading Platforms
Take full control using your preferred platform: PlusFX, MT4, MT5, cTrader and Edge
Fast Execution & Deep Institutional Liquidity
Benefit from ultra-fast order execution. The average execution speed is under 0.08 seconds
Rewarded with Numerous
International Awards
Trade with a broker that has been repeatedly recognized for the quality of its services.
Offering 24/5 Multilingual customer service
Our 24/5 Customer Support, provides assistance in more than 10 languages.
Award-Winning NDD Execution
All our clients trade directly with the inter-bank rates.
No Dealing Desk.
Most trades are filled in under 10 milliseconds,
with up to 2,000 trades executed per second.
Highly transparent
trading environment
No re-quote or delay
in filling orders
Ultra-low latency datacentre co-location
Choose Your Platform
We provide our clients with a wide range of desktop, web and mobile trading platforms including MetaTrader 4, MetaTrader 5, cTrader and PlusFX app.
Global Market Access from One Platform. You can trade on stocks, indexes, treasury, currencies, sector, and commodities CFDs.
This enables traders interested in diverse financial vehicles to trade CFDs as an alternative to exchanges.
You can also trade CFD's on metals, take a position on a wide range of metals including gold, silver, platinum and palladium.
Considered a safe haven commodity, gold is commonly used to hedge against volatility in the US dollar. It is one of the most widely traded commodities in the world today.
Metals are a form of commodities trading and are traded on the metals exchange. You can trade metals throughout the day. Gold, silver, platinum and palladium are known as hard metals and have become a popular form of derivatives trading in recent times.
Gold is the most liquid asset, as it’s very susceptible to economic and financial changes (the increasing/decreasing of the US interest rates, in particular). It has a high correlation with the leading world currencies: the Euro and the Dollar.
Factors That Affect Quotes
Supply and demand Like any product or service, a shortage of precious metals, or an increased need for them, makes them more valuable.
Gold is the most liquid asset, as it’s very susceptible to economic and financial changes (the increasing/decreasing of the US interest rates, in particular). It has a high correlation with the leading world currencies: the Euro and the Dollar.
Global industry plays a large role in trading Precious metals: silver mining companies, and the main buyers of silver, create the market for it.
Therefore, it’s important to not only follow the general high-tech and metal-mining news, but also pay attention to regional events when predicting price movements. Issues with Precious Metals production or new investment into the business are things that can cause corresponding market fluctuations.
Moreover, experts say that Silver is not an unlimited resource which means that its price will constantly increase over time – so, the analysts predict a further upward trend.
During periods of economic upheaval, Precious Metals prices jump, as more and more investors seek to protect their capital from febrile changes in the foreign exchange market.
As far as Platinum trading goes, the main factor affecting its exchange value is the balance of supply and demand. Unlike gold, which is mined in its purest form, Platinum exists only in the form of an alloy with other metals, due to the process of extraction and separation being complicated and energy consuming. Because of that the global annual production of Platinum is only approximately 5 million troy ounces, which is not large figure in comparison to the annual gold production, which is 17 times higher, and silver which is 100 times higher.
The global supply and demand of Metals has a significant impact on their value. Thus, with the increase of demand, the prices of Metals rise, and vice versa – when the demand is weak, the value of Precious Metals declines. However, this effect occurs mainly in the longer term, and does not change the short-term prices.
Platinum has specific properties that keep this metal in demand in many industries, although, approximately 40% of it is used in automobile production.
The global supply and demand of Metals has a significant impact on their value. Thus, with the increase of demand, the prices of Metals rise, and vice versa – when the demand is weak, the value of Precious Metals declines. However, this effect occurs mainly in the longer term, and does not change the short-term prices.
The value of gold is also affected by any major economy fluctuation brought on by GDP, unemployment reports and production activity, when market participants prefer to choose the so-called ‘safe’ assets, which Precious Metals are.
China has a leading position in production of Precious Metals such as gold, copper, aluminum, etc and keeping an eye on those figures is important.
Exchange trading
The biggest international locations for trading Precious Metals are London, New York and Shanghai.
The London OTC market has historically been the centre of the gold trade and today comprises approximately 70% of global notional trading volume per our estimates. The London market attracts participants from all around the world and sets the twice daily global reference benchmark for gold, the LBMA Gold Price. The London market also enjoys a time zone advantage, bridging Asian and US trading hours, and benefits from its status as a leading global financial services hub.
Data for the London market shows that on average over 19 million ounces of gold and 170 million ounces of silver are transferred every day, with the amount traded likely to be a multiple of this.
Today there are many ways to invest and trade in gold and other precious metals.
In the middle part of the twentieth century, the U.S. dollar was convertible into gold at a fixed official fixed rate of $35 per ounce, as part of the Bretton Woods system. This convertibility ended in 1971, and the price of gold became subject to the forces of supply and demand. As a consequence, the need for risk management tools developed. Coinciding with a change in U.S. law that had previously barred private ownership of gold, COMEX launched its Gold futures contract in 1974. The COMEX Silver futures contract had been available since 1933. Platinum futures were launched on NYMEX in 1956, and Palladium futures launched in 1968. Precious metals futures are also available on a number of other exchanges, most notably in Asia, such as the Shanghai Futures Exchange and the Tokyo Commodity Exchange.
On the Shanghai Gold Exchange volumes show an average daily trading volume of over 6 million ounces of gold and 140 million ounces of silver. Trading in the shares of the largest exchange-traded fund for gold can be equated to approximately 1 million ounces of gold per day. It is clear that the amount of precious metal traded on the world’s markets is many times the amount produced from mining and recycling activities.
The Shanghai Gold Exchange is the largest and one of the leading platforms of Precious Metals trading in the world. Founded in 2002 it has the status of a non-profit organization, and both Chinese companies as well as foreign banks have the right to participate. Precious Metals trading is carried out mainly with options and futures on gold bullions.
