Gold and Silver CFDs
Trading Conditions
Precious metals are regarded by many as “safe haven” investments, particularly in times of market volatility and general economic uncertainty. We offer the opportunity to trade CFDs on silver and gold with tight spreads and no maximum order size, no hidden fees, and at an attractive margin of 10% (silver) and 5% (gold) for retail clients and 1% (both) for professional clients.
| Gold | Silver | ||
|---|---|---|---|
| Margin requirement1 | Professional Clients | 1% | 1% |
| Retail Clients | 5% | 10% | |
| Automatic position close-out upon -50% shortage of margin | If the account balance falls below 50% of the used margin, the client’s position/s will be automatically closed, according to Art. 9.3.12 of the General Terms | ||
| Commissions | None | None | |
| Minimum order size | 1 lot = 1 troy ounce | 1 lot = 1 troy ounce | |
| Maximum order size | None | None | |
| Multiple of order size | 1 lot = 1 troy ounce | 1 lot = 1 troy ounce | |
| Spread | Fixed | 4.60 USD | 0.10 USD |
| Target2 | 0.40 USD | 0.03 USD | |
1 In accordance with Art. 9.3.16 of the General Terms, Deltastock is entitled, at its own discretion, to change the minimum required margin for any certain CFDs, as well as individual Orders and/or Client accounts. In case of such changes, Deltastock will notify the Client by email.
In accordance with Art. 5.26 of the General Terms, Deltastock reserves the right, at its own discretion, to limit the amount of Margin, with the obligation to notify the Client of that circumstance. The limitations imposed may include any other measures that are required according to the applicable law, decisions by ESMA and/or national competent authorities of the Member States of the European Union, and also measures which Deltastock may deem necessary to protect its own interest or that of the Client. Deltastock is entitled to introduce the measures and restrictions provided by ESMA's decisions under Art. 40 of MiFIR and the local regulators under Article 42 of MiFIR in accordance with those decisions and without prior notification to the Client.
In accordance with Art. 5.26 of the General Terms, Deltastock reserves the right, at its own discretion, to limit the amount of Margin, with the obligation to notify the Client of that circumstance. The limitations imposed may include any other measures that are required according to the applicable law, decisions by ESMA and/or national competent authorities of the Member States of the European Union, and also measures which Deltastock may deem necessary to protect its own interest or that of the Client. Deltastock is entitled to introduce the measures and restrictions provided by ESMA's decisions under Art. 40 of MiFIR and the local regulators under Article 42 of MiFIR in accordance with those decisions and without prior notification to the Client.
2 The target spread is the minimum spread Deltastock aspires to quote. Nevertheless, during times of low liquidity and/or high volatility, the company might not be able to maintain the same spread levels it usually quotes. Such market conditions cannot be predicted and can occur at any time of day, and may lead to widening of the spreads for a certain period of time. Please be advised that wider spreads can have a negative effect on your account equity, which might lead to insufficiency of funds and closing of your positions.
| Gold | Silver | ||
|---|---|---|---|
| Margin requirement1 | Professional Clients | 1% | 1% |
| Retail Clients | 5% | 10% | |
| Automatic position close-out upon a margin level of 50% | If the current account balance reaches 50% of the required margin, the client's position/s will be automatically closed, according to Art. 9.3.12 of the General Terms | ||
| Commissions | None | None | |
| Minimum volume | 1 troy ounce | 100 troy ounces | |
| Maximum volume | None | None | |
| Volume step | 1 | 1 | |
| Target spread2 | 0.40 USD | 0.05 USD | |
1 In accordance with Art. 9.3.16 of the General Terms, Deltastock is entitled, at its own discretion, to change the minimum required margin for any certain CFDs, as well as individual Orders and/or Client accounts. In case of such changes, Deltastock will notify the Client by email.
In accordance with Art. 5.26 of the General Terms, Deltastock reserves the right, at its own discretion, to limit the amount of Margin, with the obligation to notify the Client of that circumstance. The limitations imposed may include any other measures that are required according to the applicable law, decisions by ESMA and/or national competent authorities of the Member States of the European Union, and also measures which Deltastock may deem necessary to protect its own interest or that of the Client. Deltastock is entitled to introduce the measures and restrictions provided by ESMA's decisions under Art. 40 of MiFIR and the local regulators under Article 42 of MiFIR in accordance with those decisions and without prior notification to the Client.
In accordance with Art. 5.26 of the General Terms, Deltastock reserves the right, at its own discretion, to limit the amount of Margin, with the obligation to notify the Client of that circumstance. The limitations imposed may include any other measures that are required according to the applicable law, decisions by ESMA and/or national competent authorities of the Member States of the European Union, and also measures which Deltastock may deem necessary to protect its own interest or that of the Client. Deltastock is entitled to introduce the measures and restrictions provided by ESMA's decisions under Art. 40 of MiFIR and the local regulators under Article 42 of MiFIR in accordance with those decisions and without prior notification to the Client.
2 The target spread is the minimum spread Deltastock aspires to quote. Nevertheless, during times of low liquidity and/or high volatility, the company might not be able to maintain the same spread levels it usually quotes. Such market conditions cannot be predicted and can occur at any time of day, and may lead to widening of the spreads for a certain period of time. Please be advised that wider spreads can have a negative effect on your account equity, which might lead to insufficiency of funds and closing of your positions.
| Instrument | Swap points for rollover of open positions | ||
|---|---|---|---|
| Long Position | Short Position | ||
| The swap point shows how many cents will be credited or debited to the open position at the end of the business day. To calculate the swap, the value of the open position is multiplied by the swap point and the number of days that the position has been rolled over for. The result is then revaluated to the original account currency using the closing exchange rate for the day. The swap points below can be used as a reference only. More on rollover and how it is calculated. | |||
| Instrument | Swap points for rollover of open positions | ||
|---|---|---|---|
| Long Position | Short Position | ||
| The swap point shows how many cents will be credited or debited to the open position at the end of the business day. To calculate the swap, the value of the open position is multiplied by the swap point and the number of days that the position has been rolled over for. The result is then revaluated to the original account currency using the closing exchange rate for the day. The swap points below can be used as a reference only. More on rollover and how it is calculated. | |||
| Day | Opens | Closes |
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*All times are Eastern European Times (EET).