The benefits of Commodities:
| Instrument | Avg. Spread | Commission | Margin Requirements | Contract Size | Minimum Tick Size | Long Swap | Short Swap |
|---|---|---|---|---|---|---|---|
| pips | side/lot | variable/fixed* | per lot | points | points | ||
| XAUUSD | 2.7 | $0 | 0.20% | 100 | 0.01 | -23.41 | 13.57 |
| XAGUSD | 2.9 | $0 | 0.20% | 100 | 0.001 | -1.67 | 0.2 |
| XPTUSD | 60.3 | $0 | 0.50% | 100 | 0.01 | -5.28 | -5.98 |
| WTIUSD | 0.4 | $0 | 1.00% | 100 | 0.01 | -1.31 | -4.32 |
| BRTGBP | 0.4 | $0 | 1.00% | 100 | 0.01 | -3.63 | -1.35 |
| Instrument | Avg. Spread | Commission | Margin Requirements | Contract Size | Minimum Tick Size | Long Swap | Short Swap |
|---|---|---|---|---|---|---|---|
| pips | side/lot | variable/fixed* | per lot | points | points | ||
| XAUUSD | 1.4 | $3 | 0.20% | 100 | 0.01 | -23.41 | 13.57 |
| XAGUSD | 1.5 | $3 | 0.20% | 100 | 0.001 | -1.67 | 0.2 |
| XPTUSD | 50.3 | $3 | 0.50% | 100 | 0.01 | -5.28 | -5.98 |
| WTIUSD | 0.4 | $0 | 1.00% | 100 | 0.01 | -1.31 | -4.32 |
| BRTGBP | 0.4 | $0 | 1.00% | 100 | 0.01 | -3.63 | -1.35 |
| Instrument | Avg. Spread | Commission | Margin Requirements | Contract Size | Minimum Tick Size | Long Swap | Short Swap |
|---|---|---|---|---|---|---|---|
| pips | side/lot | variable/fixed* | per lot | points | points | ||
| XAUUSD | 1.7 | $0 | 0.20% | 100 | 0.01 | -23.51 | 13.57 |
| XAGUSD | 2.1 | $0 | 0.20% | 100 | 0.001 | -1.67 | 0.2 |
| XPTUSD | 54.3 | $0 | 0.50% | 100 | 0.01 | -5.28 | -5.98 |
| WTIUSD | 0.4 | $0 | 1.00% | 100 | 0.01 | -1.31 | -4.32 |
| BRTGBP | 0.4 | $0 | 1.00% | 100 | 0.01 | -3.63 | -1.35 |
(GMT+2 time zone, please note that DST apply in the summer)
METALS: Open: Monday 01:10 | Close: Friday 23:45
Daily session break: 23:50 - 01:10
WTI: Open: Monday 01:05 | Close: Friday 23:10
Daily session break: 23:55 - 01:05
BRT: Open: Monday 01:05 | Close: Friday 23:10
Daily session break: 23:55 - 03:10
Spreads at GemForex are floating, view the real-time spreads from your trading platform. The average spreads indicated in the above table are calculated throughout the day to represent the average daily spread for each symbol. Despite our best efforts to offer reasonable spreads during all trading hours, clients should be aware that these are subject to change depending on underlying market conditions. The above is provided for indicative purposes only, spreads may widen as a result of important news announcements, political uncertainty, unexpected events that can lead to volatile market conditions, or at the open/close of the business day when there is less liquidity.
For Gold (XAU) and Silver (XAG), the specified Margin Requirements indicated in the above table are based on the maximum available leverage, 1:500. Margin requirements for these instruments are tied to the amount of the leverage you use and can be altered by changing your leverage from your Client Area. The company reserve the rights to increase margin requirements if it deems it to be necessary.
Margin requirements for Platinum (XPT), Crude Oil (WTI, BRT) are fixed irrespective of your account's leverage.
XPT: 1:200, WTI & BRT: 1:100
There is an overnight (rollover) amount deducted or added to your account for holding a trade position open overnight, commonly referred to as the 'Swap'. Swap also applies to non-FX instruments, due to the fact that all instruments are traded in a particular currency which incurs an interest rate. When the swap rate is negative, the amount is subtracted from the trading position. The amount is credited when the swap rate is positive. In the trading terminal, the swap is automatically converted into the account's deposit currency. Swap operations are conducted at midnight 00:00 Server time (GMT+2 time zone, please note DST may apply) and can take several minutes. On Fridays Swaps are charged for three days to cover the weekend.
GemForex does not charge any trading commission for the All-in-One account.
Need Help? More information is available in the FAQs below and on our Product Specifications document
Energy and Metals, as are agriculture goods, are all commodities. These products are sold on futures markets, and their value is determined by demand and supply factors. Commodity demand is often influenced by broader factors such as economic cycles and population increase. Even during periods of inflation or economic instability, contract-based tradable commodities is a solid way of risk mitigation, since it protects both the contract buyer and seller from severe price swings that could result in higher losses. By trading these CFD assets with GemForex you get to participate in this market and gain by the changes in these assets underline values.
For Commodities Trading the margin requirement depends on whether the asset uses a variable or fixed Margin calculation method. See below: While trading XAU and XAG instruments the margin is calculated in accordance with your account leverage. This is how it works: Margin = Lots x Contract Size x Price / Leverage Example: Trade 5 Lots of XAUUSD, account with leverage of 1:500, XAUUSD price: $1800 >>> 5 x 100 x $1800 / 500 = 1800 USD While trading XPT, WTI and BRT instruments the margin is calculated in accordance to the symbols fixed margin requirement. This is how it works: Margin = Lots x Contract Size x Price x Margin percentage Example: Trade 5 Lots of WTIUSD, Margin percentage: 1%, WTIUSD price: $80 >>> 5 x 100 x $80 x 1% = 400 USD
For Metals instruments no margin will be held for fully hedged positions. For partially hedged positions there will be a margin requirement only for the part of the trade that it is not Hedged. Please be aware that your positions may still be stopped-out even when you are fully hedge. This could occur for many reason i.e. widening of the Spreads or Swap charges resulting in a negative Equity. For Energy instruments margin for one side of the fully hedge position will be always held. For partially hedged positions there will be a margin requirement for the larger leg position. For example, in a case where a trader has 5 Lots buy WTIUSD and 2 Lots sell WTIUSD, then a margin requirement will be required for the 5 Lots.
At GemForex all Commodities, apply Swap in points in the quoted currency of the asset you are trading. A "point" is essentially the last digit of the instrument. Below is an example on how a debit or credit to your account is calculated. Calculation Commodities: Lots * Contract Size * Swap rate (long or short). As points are expressed in the instruments quoted currency (in the below case USD), the result may need to be converted to your account's currency. Scenario Commodities: Long (Buy) 10 Lot XAUUSD. Long Swap rate is +2 points. The account's base currency is USD. 10 x 100 x 0.02 = 20.00 USD
Yes it will. Whether you decrease your Leverage from the client area, and thus increasing your margin requirement, or whether the company increases the margin requirements of an asset for any particular reason, this will have an immediate affect to your account's used margin. In a scenario were the company increases the margin requirements for a particular asset, the company will do its best to inform its clients in a timely manner so that the clients have enough time to take actions such us deposit funds or close out trades, in order to avoid a possible liquidation.
At GemForex all orders, including Commodities, are executed via the Market Execution method. Market Execution is an execution process method by which orders are executed at the best available market price in a matter of milliseconds. Due to the frequent fluctuation of prices, the resulted executed price may still be higher or lower than the requested price resulting in a negative or positive price slippage for the client. The benefit of this execution method is that it is the fastest one accessible and offers traders complete market access without requotes.
New or experienced at GemForex we strongly advice our traders to use a 'stop-loss' while trading. Arguably the most popular tool for reducing risk, adding a stop-loss to your orders are designed to limit loss on a position that’s made an unfavourable move. When you place a stop-loss order, you’re requesting to close the position once the instrument reaches a certain price. This is helpful as it means your trades need less monitoring and can help to limit losses, particularly in volatile markets. Please note however that a stop loss is by no means a guarantee, positions may be affected by price gaps over market closures, data release or other economic factors.
