LONDON, UNITED KINGDOM--(Marketwire - July 25, 2012) - For Forex traders looking to diversify, Vantage FX UK (http://www.vantagefx.co.uk/) offers the opportunity to trade precious metals against the USD through its MetaTrader 4 Forex trading platform.
Similar to standard Forex trading, trading spot gold and silver means either buying the metal and selling the US Dollar or selling the metal and buying the US Dollar.
Forex spot gold and silver are priced in USD per troy oz (troy ounces):
- Gold/US Dollar, XAU/USD, Spot: 100 troy Oz (1 lot)
- Silver/US Dollar, XAG/USD, Spot: 5,000 troy Oz (1 lot)
At Vantage FX UK, traders can also take positions on spot gold and silver from as low as 0.05 lots to control their exposure. To that end, traders can also short sell spot commodities and can also manage their risk with a range of stop orders.
As with Forex trading, all sport commodity positions held overnight will be rolled to the new spot value date and will therefore incur an overnight swap charge or credit to the client's account.
For traders looking to try a new trading strategy, Vantage FX UK also provides the opportunity to try out at least two Expert Advisors (EAs) each month with its completely unique Expert Advisor Test Lab.
Learn more about trading spot gold and silver at: http://www.vantagefx.co.uk/get-trading/spot-gold-silver/
Trading derivatives and Forex carries a high level of risk to your capital and you should only trade with money you can afford to lose. Forex trading may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
About Vantage FX UK
Vantage FX UK is an internationally recognised currency trading broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.
What sets Vantage FX apart is its wide range of services and outstanding level of customer support. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors.
Vantage FX also offers extensive educational resources to help give traders their edge, keep up with daily market commentary and try a Forex trading demo account.