Precious metals

One account trades forex, commodities, precious metals, energy and securities indices.
Access global markets anytime, anywhere via the Morgan PRE ST5 trading platform.

Other precious metals

commodityCode productOverview theSmallestFluctuation
range
minimumPriceFluctuation spread
asLowAs
_1HandValue minimumMaximumNumberOfTrades marginRatio stopLossDistance
PALL Palladium 0.01000 USD 0.1 10.01 10 Troy ounces 1/45 4.5 % 0
PLAT Platinum 0.01000 USD 0.1 4.25 10 Troy ounces 1/100 4.5 % 0

* Set the minimum stop - loss minimum points for the order according to the current market price.

The margin of CFD is calculated by the following formula: number of lots * The margin ratio at the opening price of the contract size, not the leverage ratio based on your real account.

If trading goods in the same direction, the upfront payment ratio needs to be higher than 100%, and if CFDS are used for lock-in transactions, only 50% margin is required.

Please note that the platform will not automatically extend the futures contract after it expires.

commodityCode productOverview serverTime workday theBellOnMonday closedOnFriday
PALL Palladium GMT +3 01:05-23:55 01:05 23:10
PLAT Platinum GMT +3 01:05-23:55 01:05 23:10

Please note that the platform will not automatically extend the futures contract after it expires.

productOverview commodityCode theNewContract openAPosition canOnlyBeLiquidated dateDue contractExpirationDate matureLiquidContracts
Palladium PALL Dec 2022-08-25 2022-11-29 2022-11-30 MAR, JUN, SEP, DEC matureLiquidContracts
Platinum PLAT Jan 2022-09-22 2022-12-29 2022-12-30 JAN, APR, JUL, OCT matureLiquidContracts

Before the delivery period expires, only positions can be closed and the maturity date may change. This is based on the rollover delivery regulations established by the current quotation, and the liquidity of the valid contract and the next new contract. The business day following the launch of a new product, usually the expiration date of the previous contract.

The maturity date varies from month to month depending on the delivery schedule of the liquidity provider and the contract liquidity.

Note that the platform does not automatically extend when the futures contract expires.