Commodity >> Silver

Symbol XAGUSD - (Silver)
Tick Size (Minimum Fluctuation): 0.01
Minimum Spread: 5 Points (5 Ticks)
Commission: FREE
Trading Hour (GMT+7): Daily trading hour(s) from 05:00 to 04:00 (next day)
Daily Limit: -
Settlement Type: Cash
Auto Liquidation: 30% of Intra-day Margin
Auto Hedge: -
Financial/Swap Rate: Long: -US$ 18.20 (Per Day) -US$ 36.40 (Per Day) -US$ 54.60 (Per Day)
Short: -US$ 14.20 (Per Day) -US$ 28.40 (Per Day) -US$ 42.60 (Per Day)
Contract Size 1,000 Troy Ounces 2,000 Troy Ounces 3,000 Troy Ounces
Value per Tick: US$ 10.00 US$ 20.00 US$ 30.00
Intra-day Margin: US$ 1,000 US$ 2,000 US$ 3,000
Hedged Margin: US$ 1,000 US$ 2,000 US$ 3,000
Overnight Margin (Open Position): - - -
Swap Calculation: Swap Rate * Number of Contract(s)
Example: Client buy 1 lot XAGUSD and leave it overnight; Calculation: -US$18.20 * 1 = -US$18.20
P/L Calculation: (Selling price - Buying price) * Contract Size * Number of Contract(s)
Example: Client buy 1 lot XAGUSD at 17.80 Settle at 17.90; Calculation: (17.90 - 17.80) * 1,000 * 1 = US$100.00