By opening a long or short position in metals (Gold, Silver, Platinum, and Palladium), you also enter into a CFD (Contract for Difference) OTC derivative which allows you to profit from changes in the price of the underlying asset.
Risk Management
Orders that allow you to place stop orders in advance, such as Take Profit and Stop Loss. Loss
You can trade both ways of the market
Trade with a small deposit of at least $50
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Profitable investment in times of economic instability.
Novotrend offers to trade the base metals GOLD, SILVER, PLATINE, and PALLADIUM
Metals such as gold, silver, platinum and palladium have long been a means of payment. In addition, they are also regarded as investment instruments. Gold is considered a safe haven during economic and financial crises. Investments in this precious metal can yield considerable returns at such times.
| Instruments | SELL | BUY | Daily Changes% | Contract Size |
|---|---|---|---|---|
|
GOLD
|
|
100 | ||
|
SILVER
|
|
5000 |
The most advanced, user-friendly and innovative trading platform with a wide range of analytical tools.
High liquidity - the Novotrend pool includes the best liquidity providers, which ensures secure trade execution.
This accounting system enables you to have many trading positions for one and the same instrument including multidirectional positions.
Demo account gives the opportunity to work in a training mode without any real money, but at the same time it gives the possibility to work out trading strategy. It has the same functionality as a real account.
*1 = USD $179 030
Suppose you decide to buy 1 lot of XAUUSD, which is equal to 100 ounces. The current price is 1790.200 / 1790.300 and you decide to buy 1 standard lot (equivalent to 100 ounces) at the Ask price - 1790.300.
*1 = USD $179 670
The cost of your position is 1*100 * 1790.300 = 179030 US dollars. The leverage on your trading account is 1:500, so the margin required to open a position is 179030 USD / 500 = 358.06 USD
After a couple of hours, our forecast for the GOLD turns out to be correct and causes the price to rise to $1796.700 / $1796.800. The trader sells the GOLD at Bid price of $1796.700.
$1796.700 * 100 contracts * 1 = USD $179,670 and takes a profit.The difference between the initial Ask price and the final Bid price is 64 points (or 750 three-digit points in the trading platform). It turns out that you have bought GOLD for USD $179 030, and sold it for USD $179 670.
So, you have made a profit of USD 179 670 - 179 030 = USD 640.
Absence of emotions and strict obedience to the given trading algorithm.
We have developed basic self-study materials for novice traders.
Trade more than 50 currency pairs and benefit from the foreign exchange differentials on the Forex market.
Add major companies to your portfolio
Gold and Silver Trading on the cutting-edge MetaTrader5 platform
Invest in CFDs on energy commodities, such as WTI, BRENT
Trade the most popular stock indices US30, UK100, Japan225
Start investing in the top 5 cryptocurrencies on favorable terms BTCUSD, ETHUSD, LTCUSD
Successful trading on financial markets starts with a user-friendly and functional trading platform. MetaTrader5 is the best choice for modern trader.
Download the app for your device and start making money
The company’s clients can enjoy the best trading conditions and the ability to trade on any gadget and anywhere in the world as long as they have access to the Internet.
Currencies, Stocks, Metals, Indices, Commodities, Cryptocurrencies
Order execution time is 0.20 milliseconds (0.02 sec).
No commission for depositing or withdrawing profit via cryptocurrencies
Daily market recommendations, trading signals with market entry points.
From 1:1 to 1:500
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