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EUR/GBP Forex explained
What is forex?
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How is margin calculated for spot gold and silver?
Normal margin on spot metals is 1:1, or 100% of the contract value.
What is forex?
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What are the trading hours for spot gold and silver?
Spot gold and silver, which is unleveraged, trading is available 23 hours a day from 6pm ET Sunday through 5pm ET Friday. Trading is closed from 5pm to 6pm ET daily; however, you may place new working orders or edit and cancel existing working orders during that time. Spot gold and silver trading also follows CME holiday closures.
What is forex?
Forex is the process by which traders can buy one currency and simultaneously sell another, with the goal to profit from the direction price is likely to take in the future. With a daily trading volume of more than $6.5 trillion, the forex market is the most traded in the world, and is open 24 hours a day, 5 days a week for banks, institutions and individuals worldwide.