Spot gold (XAU) is tradable commodity offered by OBOFX at the best-of-market spreads and spot execution without having additional foreign exchange exposure. Spot trading is done similarly to forex currency trading where investors take short or long positions of the metals’ prices. There is no centralised marketplace for spot gold or silver trading and thus trading is accessible 23 hours a day, 5 days a week. OBOFX offers CFDs on spot metals in both USD and EUR.
There are many reasons why investors choose to trade spot GOLD:
- Diversify your portfolio: Investors take advantage of spot trading as an emerging asset class in a bigger and well-balanced trading portfolio.
- Hedging opportunities: Trading spot Gold creates great opportunities for hedging in every liquid market, with investors gaining more exposure with limited risk.
- Safe investment: Spot Gold trading is considered to be a safe haven.
- Trade gold and take advantage of the emergence of spot gold as a strong asset class. OBOFX offers CFDs on spot metals in both USD and EUR through our award winning trading platforms. Only 1% margin required for spot metals.
- FULL STP BROKERAGE
- VARIABLE LEVERAGE OPTIONS
- TIGHT SPREADS
- AWARD WINNING PLATFORM
- DAILY TECHNICAL ANALYSIS
- FREE EDUCATION MATERIAL
- 24/5 SUPPORT
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