Trade Metals
Suppose that 1 ounce (0.01 lots) of gold (XAUUSD) is worth approximately USD 1,300 on the market at this given time. If you sell 1 ounce of gold (short) at a price of 1,300 USD, you will receive 1,300 USD. For example, if the price per ounce drops to USD 1,100 and you buy back the previously sold ounce at a lower price, you will have a profit of USD 200. And vice versa, if the price for 1 ounce rises to 1,500 USD and you close your sales position (short), you lose 200 USD.
* Please note that the value of the products may change. The examples on our website are hypothetical and should not be used as guidance or advice. You can always contact our team if you have a question.
-
How high are the commissions?
Traded products such as Metal CFDs are commission-free at GBE. -
What does the “.f” symbol mean?
The “.f” behind the symbols indicates our futures products (e.g. “COPPER.f”). The expiration dates of these products can be found here or under the tabs “Products” and “General Information”. -
Where can I find the market letter “Elbblick”?
Our weekly market letter “Elbblick” is only available in German and can be found under the tab “Tools” under “Analyses” or here. -
Are there any costs involved in opening an account?
No. You can open and manage accounts with GBE brokers free of charge. This applies to both live and demo accounts. However, please remember that demo accounts are closed after 30 days of inactivity. If you hold your trading positions overnight, your positions will incur swap fees based on the currency pair or CFDs you trade. -
What is the difference between MetaTrader 4 (MT4) and MetaTrader 5 (MT5)?
Both platforms are very similar in their basic functions, but there are some differences:- different number of time levels and indicators
- different number of order types
- different programming languages (MQL4, MQL5)
-
Are there any additional costs for depositing?
GBE brokers does not charge any fees or commissions for deposits or withdrawals. Such fees are charged by payment service providers like PayPal, Visa, Neteller etc. Credit card deposits may incur additional fees due to exchange rate differences. These fees are charged by the banks, not by us. For an overview of our deposit and withdrawal methods and the fees involved, please click here.
The below table includes all the metals we offer
| Symbol | Currency Base | Description | Margin | Swap Long | Swap Short | Spread | Trading Hours * |
|---|---|---|---|---|---|---|---|
| XAGEUR | EUR | Silver vs Euro | 5% | -3.803 | 2.214 | 0.3 | view
|
| XAGUSD | USD | Silver vs US-Dollar | 5% | -13.448 | 6.535 | 0.41 | view
|
| XAUEUR | EUR | Gold vs Euro | 5% | -27.907 | 19.233 | 0.29 | view
|
| XAUUSD | USD | Gold vs US-Dollar | 5% | -28.248 | 18.693 | 0.23 | view
|
| XPDUSD | USD | Palladium vs US-Dollar | 5% | -17.585 | 5.229 | 14.22 | view
|
| XPTUSD | USD | Platinum vs US-Dollar | 5% | -15.783 | 7.329 | 3.69 | view
|
| USCOPPER.f | USD | Copper | 10% | 0 | 0 | 0.57 | view
|
| SILVER.f | USD | Silver Future | 5% | 0 | 0 | 3.03 | view
|
| GOLD.f | USD | Gold Future | 5% | 0 | 0 | 0.4 | view
|
*GMT + 3 Hours
*In regards to Futures Products please read the Expiration Dates. Future Products can be identified by the suffix “.f” at the end of the product name.
For more information on the specifications of the cash and futures indices, please refer to our product specifications.
Overview of other products
