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Introduction of gold and silver
Gold
For centuries, the scarcity of gold with its unique beauty and characteristics of virtually indestructible chased by people in the world in which markets may not be as attractive as the gold market. Today, customers can provide the MT4 trading platform AAA directly involved in the gold investment market. AAA offers 100:1 leverage the gold trade, gold prices from the New York Mercantile Exchange (NYMEX).
Silver
After a long time evolution, silver has been given an important economic function and become an important industrial raw materials. As a precious metal, silver is also a good investments.
AAA offers 100:1 leverage silver trading.
Spreads and leverage
| Trading Products |
Market |
Market |
Minimum turnover |
Lever |
Trading Hours |
| Gold |
Gold |
50 |
1 |
100:1 |
24hours** |
| Silver |
Silver |
Un-fixed |
100 |
100:1 |
24hours** |
** Indicates the market close in the Eastern time 17:15 to 18:00
Interest rate of gold and silver
Interest calculation formula is:
F=V*(I/B)
F:Overnight interest
V:Opening price * number of contracts
I ：LIBOR+/-3%
B: Days (when it comes to currency GBP and AUD, the number of 365 days, the other for 360 days)
Le：Overnight interest rate = (number of contracts opening price *) * (labor + / -3%) / 365 or 360
For example:
Example：The customer bought 10 lots of gold, the price is $ 792.4/793.2, LIBOR is 2.00%, then the customer is charged interest on the case will be:
(10*793.2)*(0.02+0.03)/360=$1.1016
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