Trade CFD Metals

In addition to currencies, metals are also traded on the international financial markets on a CFD basis. The two most traded metals are gold (XAU) and silver (XAG). In general, both metals are traded against USD, but trading in EUR is also offered. There are many ways to buy into precious metals such as gold, silver and platinum, and a lot of good reasons why you should give in to the treasure hunt. So if you’re just starting to study precious metals, read on to learn more about how they work and how to invest in them.
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Suppose that 1 ounce (0.01 lots) of gold (XAUUSD) is worth approximately USD 1,300 on the market at this given time. If you sell 1 ounce of gold (short) at a price of 1,300 USD, you will receive 1,300 USD. For example, if the price per ounce drops to USD 1,100 and you buy back the previously sold ounce at a lower price, you will have a profit of USD 200. And vice versa, if the price for 1 ounce rises to 1,500 USD and you close your sales position (short), you lose 200 USD.
* Please note that the value of the products may change. The examples on our website are hypothetical and should not be used as guidance or advice. You can always contact our team if you have a question.
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Traded products such as Metal CFDs are commission-free at GBE.
The '.f' behind the symbols indicates our futures products (e.g. 'COPPER.f'). The expiration dates of these products can be found here or under the tabs “Products” and 'General Information'.
No. You can open and manage accounts with GBE brokers free of charge. This applies to both live and demo accounts. However, please remember that demo accounts are closed after 21 days of inactivity. If you hold your trading positions overnight, your positions will incur swap fees based on the currency pair or CFDs you trade.
Both platforms are very similar in their basic functions, but there are some differences:
  • different number of time levels and indicators
  • different number of order types
  • different programming languages (MQL4, MQL5)
GBE brokers does not charge any fees or commissions for deposits or withdrawals. Such fees are charged by payment service providers like PayPal, Visa, Neteller etc. Credit card deposits may incur additional fees due to exchange rate differences. These fees are charged by the banks, not by us. For an overview of our deposit and withdrawal methods and the fees involved, please click here
For further questions, please contact our GBE Team by phone at +971524504186or by e-mail at[email protected].

Metals

Symbol Currency Base Description Margin Swap Long Swap Short Spread Trading Hours *
*GMT + 2 hours *
*In regards to Futures Products please read the Expiration Dates. Future Symbols can be identified by the month code and the last two digits of the year (e.g. DE40.M24).
Further information on the specifications of the CFD products can be found in our product specifications.

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