METALS AND ENERGIES

Metals Specifications

Metals trading usually involves gold and silver. Metals trading is closely linked to the outlook for the overall global economy and major currencies.

Symbol	Description	Contract Size	Digits	Margin Percentage	Swap Short	Swap Long	Spread	Trading Session (Server time)
XAUEUR	Gold/Euro	100	2	100%	-1	-99	2.8	01:05 -23:55
XAUUSD	Gold/US Dollar	100	2	100%	-6.7	-17.9	2.1	01:05 -23:55
XAGUSD	Silver/US Dollar	100	2	100%	0.54	-1.48	2.5	01:05 -23:55

Energy Specifications

Energy trading involves products like crude oil, natural gas and wind power. Since these commodities often fluctuate abruptly they can be attractive to speculators.

Symbol	Description	Contract Size	Digits	Margin Percentage	Swap Short	Swap Long	Spread	Trading Session (Server time)
NGAS	Natural gas spot	100	3	50%	-15	-20	1.3	01:05 -23:55
USOIL	Crude Oil(WTI)	100	2	50%	-0.8	-1.9	1.4	01:05 -23:55
UKOIL	Crude Oil(Brent)	100	2	50%	-0.9	-3.4	1.2	01:05 -23:55

IMPORTANT

1. Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions.
Triple swaps are applied every Wednesday.

2. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).

3. All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted on market close Friday.

Calculating Metals Margin Requirements – Example
Account base currency: USD
Position: Open 10 lot BUY XAUUSD at 1924.449
1 Lot Size: 100 Ounces
Leverage Limit: 1:200
Notional Value is: 10 × 100 × 1924.449 = 1924449 USD
Margin required is: 1924449/200 = 9622.245 USD

Calculating Energies Margin Requirements – Example
Account base currency: USD
Position: Open 10 lots BUY USOIL at 43.20
1 Lot Size: 100 Barrels
Margin requirement: 2% of Notional Value
Notional Value is: 10 × 100 × 43.20 = 43200 USD
Margin required is: 43,200 USD / 0.02 = 864 USD