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Silver from now available in Dukascopy!
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Silver from now available in Dukascopy!

created Paweł Mosionek24 May 2011

According to the promises, after the appearance of gold in Dukascopy's offer, we are pleased to announce that the instruments that we can trade on the real account with today are joined by silver.

we get:

  • market spread around 3-5.0 pips during normal liquidity;
  • transactions concluded on the real market (ECN model);
  • the minimum transaction volume from 50 ounce with the possibility of a minimum increase in volume by one unit !;
  • leverage leverage 1: 100;

commissions

The commission amounts applicable to precious metals, including the Forex Club rebate, are given in the tables on our website HERE. We also invite you to read the 4 example at the bottom of the page.

Deposit required

The deposit that is needed to open the transaction depends on the current silver rate. For example:

If we want to open a position with 50 volume of units at the market rate of silver 36.00 USD, then 1 800 USD will be required from the revised (ie already taking into account the leverage) capital. Similarly for 100 it will be 2 800 USD, and for one thousand 28 000 USD. The standard leverage on the account is 1: 100, which means that we actually need a smaller 100 capital to conclude the above mentioned transactions.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.
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