Trading silver has historically been considered as an alternative to gold trading, as silver is the least expensive of the precious metals. This created a volatile and often profitable market as lower prices allowed for many traders to invest. Nowadays, trading silver spot is considered good portfolio diversification and allows for investment to be made with relatively little capital, thanks to the leverage provided by brokerage firms.
Like gold spot, silver spot are also traded dollar per ounce. Silver spot trading is favored due to the ability of traders to short sell and benefit from a falling market. You buy (go long) if you think prices will rise and you sell (go short) if you think they will fall.
Enhance your portfolio and add spot silver trading into your strategy. Trade silver and experience low latency and lighting fast execution, with no commission on any one of your silver trades. Take advantage of existing volatile market conditions and leverage your trade up to 500:1.
Silver has many industrial applications and continues to gain more attention as traders look to expand their opportunities and shift into new markets. Diversify your trading portfolio and get involved in trading silver today.
Spot gold (XAU) and spot silver (XAG) are tradable commodities offered by IronFX at the best-of-market spreads and spot execution without having additional foreign exchange exposure. Spot trading is done similarly to forex currency trading where investors take short or long positions of the metals’ prices. There is no centralised marketplace for spot gold or silver trading and thus trading is accessible 23 hours a day, 5 days a week. IronFX offers spot metals in both USD and EUR.
There are many reasons why investors choose to trade spot metals:
Diversify your portfolio: Investors take advantage of spot trading as an emerging asset class in a bigger and well-balanced trading portfolio.
Hedging opportunities: Trading spot metals creates great opportunities for hedging in every liquid market, with investors gaining more exposure with limited risk.
Safe investment: Spot metal trading is considered to be a safe haven.
Trade gold and silver and take advantage of the emergence of spot metals as a strong asset class. IronFX offers CFDs on spot metals in both USD and EUR through our award winning trading platforms. Only 1% margin required for spot metals.
Date Price (Per Ounce) Action
Aug-2010 18.00 Buy at 18.00
Apr-2011 49.00 Take Profit at 49 & sell at 49
Jun-2013 18.50 Take profit with Buy 18.50
Profit calculation Pips gain Amount Margin Percentage Per month
Aug-2010 to Apr-2011 31.00 USD15,500 USD300 5,166% 574%
Sep-2011 to Jun-2013 30.50 USD15,250 USD300 5,083% 231%
(Note: Every USD1 go up in spot market, your profit is USD500).
If you buy silver bar or silver certificate, can you make so much? Physical silver have 30% off while you sell, they call it melting cost.
To keep Silver Bar, you need to have a secure place to hold and pay Safe Deposit cost to safekeeping.
Why not Trade Spot Silver?
Call me for detail for how to start Spot Silver Trading.
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