CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.
Bullion trading conditions: Gold and Silver are among the most popular commodities for traders, due to their inherent physical value and adaptability to both long and short-term speculative investing. Take full advantage of the trading gold and silver with tight spreads and bespoke client support from UBFX.
Conditions Gold Silver
Margin Requirements 5% 10%
Minimum Order Size 0.1 lot= 10 ounces 0.1 lot= 500 ounces
Minimum Funding $/£/€ 200 $/£/€ 200
Leverage 20:1 10:1
Commissions None None
Spread Type Floating Floating
Execution Market Execution Market Execution
Stopout Level 50% 50%
Server Time GMT +3 GMT +3
Account Denomination USD, EUR, GBP, CHF, CAD, AUD & AED USD, EUR, GBP, CHF, CAD, AUD & AED
Symbols Spreads* Max Lots Per Trade
Gold – XAU Typically 35c 10
Silver – XAG Typically 3c 20

*Spreads are calculated as FX using an interest rate differential, with an implied interest rate of 0 for the metals. These will also change therefore.

UBFX will strive to provide you with the most competitive spreads. Forex and CFD spreads publish above are targeted figures, but their exact value may vary according to market conditions and liquidity. Please note that during volatile market conditions, periods of low liquidity and around economic data releases, spreads may increase rapidly on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. We strive to execute all stop orders at the requested price if current market conditions permit us do so.

Symbol Short* Long*
XAGUSD 0 -0.020
XAUUSD 0.477 -1.027

Opens Sunday 23:00,

Closes Friday 22:00, Daily break between 22:00-23:00

All times are in current London Time.

Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.