ATFXHow much is it to trade first-hand gold

As a well-known foreign exchange trading broker,ATFXThe backend often receives various questions related to product transactions, among whichforeign exchange、goldThe consultation for trading products such as silver is the most common.ATFXExperts say that common sense issues related to product tradingATFXWe have all provided answers, but some investors may not have noticed. Today, we will use the example of how much money a first-hand gold transaction is most concerning to investors, to answer their concerns about fees, as well as the closely related knowledge of spreads, trades, and so on.

First of all, we need to be clear aboutATFXThe trading rules for platform products, taking the spot gold trading rules as an example, are as follows:
Account Name: Mini AccountVsStandard Account
Transaction volume: supported0.1Hand, minimum0.01hand
Contract unit:1hand=1010000 base currency
Point difference:XAUUSD gold/The USD spread is as low as3.8


For example, if we want to trade a hand of gold now, based on the trading rules and leverage provided by the platform, we can10Under the premise of a 10000 yuan base currency, the transaction cost can be calculated using the following methods:

If it is100Double leverage, then trading1The deposit on hand is1000USD;
If it is200Double leverage, then trading1The deposit on hand is500USD.
hypothesis1/5For position operations,200What is the total capital required for double leverage2500USD, if used0.1If you trade by hand, then you can trade for over three hundred dollars.

Usually, most investors choose100Double trading leverage,0.01Hand trading, with a transaction cost of only a few hundred dollars, is not considered a high cost trading project in the investment industry. And the reason why the vast majority of investors chooseATFXThe platform conducts investment in precious metal products such as gold and silver, with a focus onATFXThe platform's strength, reputation, and highly cost-effective price difference.

In addition, in theATFXThe platform does not charge any transaction fees for any products. Please remember this point,ATFXThe platform adopts a pure spread trading model and does not participate in any customer betting. All trading products do not charge any transaction fees, which are0. This is exactly whatATFXThe charm of the platform lies in itsATFXOne of the reasons why it is recognized by many investment platforms.