| Instrument Name |
Minimum Trade Size | Margin Requirement Per Min Trade Size |
Target FXCM Spread‡ | Minimum Stop Distance | Trading Hours | Break Time | |
|---|---|---|---|---|---|---|---|
| USD | HKD | ||||||
| XAU/USD | 1 | 8 | Approx. 62.4 | 0.5 | 0.1 | Sun 22:00 – Fri 20:45 | Daily 21:00 until 22:00 |
| XAG/USD | 50 | 15 | Approx. 117 | 0.04 | 0.01 | Sun 22:00 – Fri 20:45 | Daily 21:00 until 22:00 |
All hours are stipulated in GMT. For trading times and more details, please refer to the Product Guide. Please note that FXCM Asia's holiday hours may interrupt normal trading hours and be sure to check "Holiday hours" schedule notice, which is usually displayed on the top right corner of our home page, prior to any holidays. If you have any questions, you may also contact us by phone at 2119-0116 for details.
OTC Gold Bullion/Silver trading will commence on Sunday at 23.00 GMT. Furthermore, there will be a daily break in OTC Gold Bullion/Silver trading at 22.00 GMT and trading will resume at 23.00 GMT. During the break, you will not be able to place market orders, and limit/stops cannot be placed and/or amended. Full details of OTC Gold Bullion/Silver trading can be found on the OTC Gold Bullion/Silver Product Guide.
For OTC Gold Bullion/Silver margin call policy , click here to view.
OTC Gold Bullion/Silver Rollover will be performed in the same manner as our forex instruments.
* FXCM charges no commission and is only compensated through mark-up which is generally 1 pip for major currency pairs which is added to the spread received from its liquidity providers via the FX Trading Station. FXCM may also receive compensation for order flow from its liquidity providers. However, commission charges may apply for certain classes of non-standard accounts such as Mirror Trader. For additional information, click here.
† Without proper risk management, currency and OTC Gold Bullion/Silver trading has a high degree of leverage that can lead to large losses as well as gains.
‡ Please note that FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the target FXCM spreads displayed here.
FXCM offers over the counter OTC Gold Bullion/Silver ("OTC Gold Bullion/Silver") on margin. Trading on margin carries a high level of risk, and may not be suitable for all investors. OTC Gold Bullion/Silver is not regulated by the SFC. Therefore, trading Gold Bullion/Silver will not be subject to rules or regulations promulgated by the SFC which includes but is not limited to Client Money rules. Additionally, OTC Gold Bullion/Silver is executed using a Dealing Desk execution model. In a Dealing Desk model, the broker assumes market risk for client positions and does not use straight through order processing.
FXCM does not permit the practice of arbitrage when trading OTC Gold Bullion/Silver. Transactions that rely on price latency arbitrage opportunities may be subject to intervention which includes revocation of profits, widening of spreads and any other necessary corrections or adjustments on the account without prior notice.