Why trade precious metals online with CMG?
When you trade precious metals with CMG, you’re able to profit from the market price movements of some of the world’s most valuable and sought-after commodities, using a service that’s trusted by traders in more than 100 countries.
Top Precious
Metal Commodities
Access the most well-known precious metals, including gold, silver and copper
Fast Execution &
Competitive Spreads
Super competitive spreads with ultra fast execution speed
Trusted
Broker
Thousands of traders globally trust us with their trades
30:1
Leverage
Trade precious metal CFDs online with 30:1 leverage
Zero
Commission
Deposit and withdraw freely with $0 commission
All Strategies
Welcome
Personalise your strategy and automate your trading using Expert Advisors
Most Popular Precious Metals to Trade
See our bid, ask, and spread prices across all our top traded precious metal CFDs, including gold, silver, copper and platinum.
| Symbol | Market Description | Margin % | Contract Size | Max Trade Size/Lots |
|---|---|---|---|---|
| XAGUSD | Silver vs US Dollar | 1.0% | 5,000 ounces | 20 |
| XAUAUD | Gold vs Australian Dollar | 1.0% | 100 ounces | 20 |
| XAUCHF | Gold vs Swiss Franc | 1.0% | 100 ounces | 20 |
| XAUEUR | Gold vs Euro | 1.0% | 100 ounces | 20 |
| XAUGBP | Gold vs British Pound | 1.0% | 100 ounces | 20 |
| XAUUSD | Gold vs US Dollar | 1.0% | 100 ounces | 20 |
| XPTUSD | Platinum vs US Dollar | 1.0% | 100 ounces | 20 |
| SILVER | Silver Future CFD | 1.0% | 5,000 ounces | 20 |
| GOLD | Gold Future CFD | 1.0% | 100 ounces | 20 |
| Symbol | Market Description | Margin % | Contract Size | Max Trade Size/Lots |
|---|---|---|---|---|
| SILVER | Silver Future CFD | 1.0% | 5,000 ounces | 20 |
| GOLD | Gold Future CFD | 1.0% | 100 ounces | 20 |
What precious metals can I trade with CMG?
The market for precious metal products includes Gold, Silver, Copper and Platinum. Speculate on the price of these metals online via our spot and futures CFDs.
Futures CFDs derive pricing from underlying futures contracts, while bullion CFDs derive their pricing from the underlying spot market. For a complete overview of all the precious metals available to trade and what time zone they are active in, check out the product schedule.
Start Trading Precious Metals Online Today
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Open a free live trading account
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Add funds by depositing into your account
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Monitor the market and choose the precious metal you want to trade
Find out more about how to trade gold, silver, and copper with CMG or discover the right trading account type for you.
What is metal trading?
Trading metals online, the practice by which traders buy and sell in the metals market, is typically facilitated through online trading platforms such as MetaTrader 4. This is simply the software traders use to speculate and invest in the price movement of metals.
The majority of metal trading online involves precious metals, with gold, silver, copper, platinum and palladium often used by investors to help diversify and build a balanced portfolio. Find out more about how the commodity market works and all the commodities available to trade.
How to trade precious metals online?
Precious metals trading, particularly in the retail trading domain, focuses on ‘Contracts for Difference’, commonly referred to as ‘CFDs’. CFDs allow traders to speculate on the price movement of metals, without taking direct ownership of the underlying asset. CFDs allow you to speculate on both rising and falling prices, meaning you can trade in a bull or bear market.
An example of a precious metals trade
Trader A determines that the price of gold is likely to increase against the US dollar, so the trader enters a long (buy) position. Trader A opens their CFD trade when the gold price is at $1,300 an ounce and the XAU/USD CFD contract subsequently rallies (increases) to $1,320 an ounce. Since the price has gone up, Trader A decides to close their position and banks a profit –(calculated from the difference between entry and exit levels).
What are the most traded metals in the world?
In a world largely governed by technology, metals serve as an important physical cog in the global economy; the likes of gold, silver, copper, palladium and other metals are used as raw materials in many essential consumer products.
The price of gold – a traditional form of currency and one of the most heavily traded precious metals – clocked all-time highs at $2,075 an ounce (ticker: XAU/USD) in August 2020. To this day, the precious metal remains sought after. Not only does gold represent a store of value, but it also serves as a symbolic value (think wedding rings and Olympic medals) and is found in the manufacture of electrical components.
Benefits of precious metal trading
Discover the benefits of trading precious metals and learn about the unique features of this commodity market.
Volatility
Precious metals undergo fluctuations in supply & demand with their intrinsic value never diminishing
Go ‘long’ or ‘short’
Ability to go long or short on precious metals with no restrictions
Liquidity
Metals often offer greater flexibility and more liquidity
Safe Haven Appeal
In times of market turmoil or disruption, precious metals can serve as safe-haven markets
Portfolio Diversification
Precious metals can give traders much-needed diversification to their portfolio
Leverage
Trade larger position values while only depositing a small percentage of the notional value
What factors influence the price of precious metals?
Precious metals are viewed as a store of value, which for some represents a desirable investment in times of market uncertainty. The inherent rarity of precious metals, along with a ductile quality that makes them suitable for jewelry, dentistry and electronics – ensures they remain sought after, making supply & demand a primary price driver.
Supply and Demand
Inflation
Monetary Policy
US Dollar
Global Macroeconomic
Trends
Precious Metals Trading Platforms and Tools
Utilise our world-class trading platforms and powerful tools to enhance your trading experience. With a CMG account, traders of all levels have access to top resources to help further improve their skills.
Discover more markets to trade with CMG
Choose from a variety of global markets to trade with CMG, using ultra competitive spreads & flexible leverage to trade your edge.
Cryptos
Precious Metals Trading FAQs
Risk Warning: CMG is a trading name of AxiTrader Limited (CMG), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines. AxiTrader Limited is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348). Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. CMG is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
All clients: Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any CMG products or services and obtain independent professional advice as necessary.
Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and ad hoc news. There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While CMG only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.
