Currency, Gold and Silver
TRADE METALS AND INDICES
The gold market is one of the most dynamic commodity markets, and with our Gold CFD trading you can trade with even more freedom. Gold CFDs (Contracts for Difference) allow you to trade at live market prices without owning the asset itself.
That means you can trade on margin and get leverage on your investment of up to 400 times. And because you don’t own the actual gold there are no fees and you can buy or sell instantly whenever the markets are open.
Trading with gold rates
Like foreign currency rates, online trading with gold rates does not require the “physical” purchase or sale of the real material. You do not purchase gold that you can hold.
The trading method for gold is called ‘over the counter’ or OTC. OTC deals are not part of the Stock Exchange of any country and so the deals are not controlled by the same methods as the Stock Exchange. OTC trading is performed directly between the seller and the buyer. No other people or organisations are involved.
OTC trading is the common form of trading in the Forex market