|Symbol||Spread||Tick Size||Trade Size per Lot||Min Limit
|Max No. of
|Variable||0.01 USD||1 oz||
(For all symbols combined)
50 X 2,000 =
|Variable||0.001 USD||50 oz||
50 X 100,000 =
+Calculated with Gold price 1,500USD/oz with 200x margin.
|Trading||Monday to Friday excluding New Year and Christmas holidays|
|Trading Hours (HKT)||GOLD
|Eastern Standard Time Period||Monday 7:00:10 a.m. to Saturday 5:45 a.m. (HKT)|
|Eastern Daylight Time Period||Monday 6:00:10 a.m. to Saturday 4:45 a.m. (HKT)|
|Trading hours may be affected by U.S. bank holidays. You will be notified in advance by email.|
|Trading Close||Eastern Standard Time Period||In relation to each Trading Day, 5:45 a.m. Hong Kong Time|
|Eastern Daylight Time Period||In relation to each Trading Day, 4:45 a.m. Hong Kong Time|
|Scheduled Maintenance||Eastern Standard Time Period||Saturday 7:00 a.m. to Monday 7:00 a.m. (HKT)|
|Eastern Daylight Time Period||Saturday 7:00 a.m. to Monday 6:00 a.m. (HKT)|
|Account Opening Fee||Free|
|Dormant Account Maintenance Fee||10USD for accounts which have no trades, deposits or withdrawals in 6 consecutive months|
|Account Currency||USD only|
|Minimum Initial Deposit||NIL|
|Required Margin||GOLD||0.5% of currency contract value (in USD)|
|SILVER||1% of currency contract value (in USD)|
|Maximum Leverage||GOLD||200 times|
|Margin Call||No margin call will be issued.|
|Auto-Closeout||Your Positions will be closed out automatically if net equity falls below 60% of margin ratio in USD.|
|Bullion Quotes||Two way pricing - Sell and Buy|
Our operators will not accept any orders via phone or other means except for system and / or internet failure.
|Order Type||One-Click Order / Market Order / Limit Order / Stop Order / Take Profit Order / Stop Loss Order|
|Minimum Limit/Stop Distance||GOLD||0.5|
|Deviation(Slippage)||1pip equals to 0.1USD|
This is an optional feature.
Although it is a convenient feature to enter hedged trades at the same time, we do not recommend the usage of the feature to our users. You should be aware of the various factors that could affect your account balance as a result of executing such hedged trades:
You will only be required to hold one set of Margin for hedging trades, with this amount being the average required margin for the two hedging positions.
It will be your responsibility to continually monitor your positions and Z.com Bullion will be not liable for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of this feature.
|Cash-on-Delivery (Physical Settlement)||Not available|
Settlement & Rollover
|Profit / Loss Settlement||Realised trading profit/loss will be settled (i.e., credited to or debited from the cash balance) at Trading Close.|
The realised amount will be settled (i.e., credited to or debited from the cash balance) at Trading Close.
Please note that "3-day" rollover will be applied to all open positions at trading close on Wednesdays. U.S. bank holidays may also affect the number of days worth for each rollover.
Rollover rates for each product are clearly detailed on the MetaTrader 4 platform. You may check the debited or credited rollover amount under Account History on the platform (For more details, please refer to our MT4 user guide). Alternatively, you may check the rollover amount applied to your open positions via the Client Statement which is emailed to you after each trading close.