CONTRACT DETAILS

Product Gold Silver
Account Type Standard Account VIP Account Standard Account VIP Account
Lot Size 1 lot = 100 ounces 1 lot = 5,000 ounces
Minimum Price
Fluctuation
USD 0.01 USD 0.01 USD 0.01 USD 0.01
Min. and Max. Lot Size for
each Single Order
0.1 lots
50 lots
1 lot
50 lots
0.1 lots
20 lots
1 lot
20 lots
Spread From USD 0.45 From USD 0.4 From USD 0.04 From USD 0.03
Initial Margin USD 1,000 per lot [1]
Margin Call Level Less than or equal to 50% of the initial margin
Liquidation Margin Level Normal trading hours: when the account equity equals to or falls below USD 500 per trading lot, the system will start to enforce liquidation. The open position that suffered the largest amount of loss will be liquidated first, and the process continues until the account equity climbs above USD 500 per trading lot. [1]

Weekends: click here to read more
Lock positions margin requirement 25% of initial margin is required for a locked position. [2]
Unlock positions margin requirement To unlock a position, the initial margin requirement has to be met.
Commission Online trading: no commission
Phone dealing: USD7.5 per transaction
Rollover Interest Long: -1.2% (Standard Account) / -1% (VIP Account)
Short: -0.7% (Standard Account) / -0.5% (VIP Account) [3]
Trading Hours Summer Time: GMT 22:00 on Sunday to 20:45 on Friday
Break Time: GMT 21:00-22:00 everyday
Winter Time: GMT 23:00 on Sunday to 21:45 on Friday
Break Time: GMT 22:00-23:00 everyday
Product Gold Silver
Account Type Standard Account VIP Account Standard Account VIP Account
Lot Size 1 lot = 100 ounces 1 lot = 5,000 ounces
Minimum Price
Fluctuation
USD 0.01 USD 0.01 USD 0.01 USD 0.01
Min. and Max. Lot Size for
each Single Order
0.1 lots
50 lots
1 lot
50 lots
0.1 lots
20 lots
1 lot
20 lots
Spread From USD 0.46 From USD 0.42 From USD 0.04 From USD 0.03
Initial Margin USD 1,000 per lot [1]
Margin Call Level Less than or equal to 75% of the initial margin
Liquidation Margin Level Normal trading hours: when the account equity equals to or falls below USD 500 per trading lot, the system will start to enforce liquidation. The open position that suffered the largest amount of loss will be liquidated first, and the process continues until the account equity climbs above USD 500 per trading lot. [1]

Weekends: click here to read more
Lock positions margin requirement 25% of initial margin is required for a locked position. [2]
Unlock positions margin requirement To unlock a position, the initial margin requirement has to be met.
Commission Online trading: no commission
Phone dealing: USD7.5 per transaction
Rollover Interest Long: -1.2% (Standard Account) / -1% (VIP Account)
Short: -0.7% (Standard Account) / -0.5% (VIP Account) [3]
Trading Hours Summer Time: GMT 22:00 on Sunday to 20:45 on Friday
Break Time: GMT 21:00-22:00 everyday
Winter Time: GMT 23:00 on Sunday to 21:45 on Friday
Break Time: GMT 22:00-23:00 everyday

[1] Applicable to Monday to Friday normal trading hours

[2] The risk of force liquidation cannot be entirely eliminated by locking position. Due to the rollover interest charges and the price spread changes, insufficient margin deposit may still trigger force liquidation. The clients should therefore closely monitor their trading account balance and maintenance margin from time to time.

[3] The rollover interest rate may change according to market condition. Please refer to information on your trading platform for actual rollover interest amount.

* GWFX Global reserves the right to adjust the trading volume available for each quotation and the trading spread respectively according to the market conditions.

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