Precious Metals Trading on MT4

You are able to trade precious metals using the same MetaTrader 4 trading account that you use for currency trading.

The maximum leverage for Gold & Silver is 1:125

Precious metals are traded as Commodity Derivative contracts and priced in USD.

These products do not result in the physical delivery of the commodity but are cash adjusted or closed by the client taking an offsetting opposite position.

Contract size

Gold:1 lot = 100 oz (ounce)

Minimum lot size is 0.01

Platinum:1 lot = 100 oz (ounce)

Minimum lot size is 0.01


Palladium:1 lot = 100 oz (ounce)

Minimum lot size is 0.01

Silver:1 lot = 1000 oz (ounce)

Minimum lot size is 0.05

Trading Hours

Code Name Open (GMT) Close (GMT) Break (GMT)
XAGUSD Silver Sunday 23:00 Friday 21:55 22:00-23:00
XAUUSD Gold Sunday 23:00 Friday 21:55 22:00-23:00
XPTUSD Platinum Sunday 23:00 Friday 21:55 22:00-23:00
XPDUSD Palladium Sunday 23:00 Friday 21:55 22:00-23:00

Trading Hours During US Daylight Saving

Code Name Open (GMT) Close (GMT) Break (GMT)
XAGUSD Silver Sunday 22:00 Friday 20:55 21:00-22:00
XAUUSD Gold Sunday 22:00 Friday 20:55 21:00-22:00
XPTUSD Platinum Sunday 22:00 Friday 20:55 21:00-22:00
XPDUSD Palladium Sunday 22:00 Friday 20:55 21:00-22:00
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