Yes, you can trade mini lots (0.1 contracts) and micro lots (0.01 contracts) on certain metal CFDs offered by FXTRADING.com. However, the availability of these lot sizes varies depending on the specific metal you wish to trade.
Available lot sizes for Metal CFDs:
Metal | Symbol | Micro Lots (0.01) | Mini Lots (0.1) | Standard Lots (1.0) |
Gold | XAUUSD | ✓ | ✓ | ✓ |
Silver | XAGUSD | ✓ | ✓ | ✓ |
What this means for traders:
For Gold (XAUUSD) and Silver (XAGUSD), you have the flexibility to trade with smaller position sizes, which can be beneficial for risk management and account sizing strategies.
Benefits of trading mini and micro lots:
Lower capital requirements to enter the market
More precise position sizing for risk management
Ability to test strategies with smaller exposure
Suitable for beginners or traders with smaller account balances
To select your preferred lot size when trading metals on FXTRADING.com, simply adjust the volume in your trading platform before placing an order. Remember that even when trading micro lots, it's important to consider the volatility of metal prices and manage your risk accordingly.
For account-specific help, sign in to the Client Portal, open Service Hub from the left navigation menu, select Create Ticket, and choose the category and issue that best match your request.