Question: Any Examples of Gold Trading on MT4?
FBS offers its clients the ability to trade popular commodities such as Gold, Silver, Platinum, Oil and Natural gas.
Benefit from trading commodities with no expiry date, spreads from 0.5 and leverage of 1:200.
Gold trading example
XAU/USD is trading at 1351.10 with a margin rate of 3%
You decide to buy a 0.1 (Mini) lot of XAU/USD (Gold) due to unstable global markets.
The margin required to open this trade will be $40.57. After a period of 30 minutes the price rose to 1352.00 so you decide to keep the trade open.
Open Profit (1352.00 – 1351.10) = $9.00