View Trading Rules
Please visit the official website > Trading Center > Trading Rules to view the trading rules for London Gold and Silver.
Please visit the official website > Trading Center > Trading Rules to view the trading rules for London Gold and Silver.
Trading operates on a prepayment basis, with gold priced at $1,000 per lot and silver at $650 per lot, denominated in U.S. dollars, with the contract size set at one ounce.
For example: If the spot price of London gold is $1,930 per ounce, and an investor anticipates a price increase and buys 1 lot (1 lot = 100 ounces), the actual value of 1 lot is $193,000, but only a $1,000 margin is required to execute the trade.
“Buying” refers to going long, which means opening a long position when you predict that the price will rise; profits and losses are calculated based on the 【selling price】 when the position is closed.
“Selling” refers to going short, which means opening a short position when you predict that the price will fall; profits and losses are calculated based on the 【buying price】 when the position is closed.
Once stop-loss and take-profit orders have been successfully set, the order will be closed when the latest market price triggers the set stop-loss or take-profit price. You can view the order details on the Order Closure page.
On the app’s [Orders] page, tap [Stop-Loss/Take-Profit] to set your stop-loss and take-profit levels.
Please note: Stop-loss and take-profit prices must be set at least $2 (200 pips) away from the current price.
Sell Stop Limit: To set a Sell Stop Limit order, two price levels must be triggered before the pending order is executed. The order price must be at least 200 pips away from the current market price, and the rebound price must be at least 200 pips away from the order price.
Summary: First a break below, then a rebound—bearish
On the app’s trading page, select a trading instrument, access the pending order function, choose the “Sell Stop Limit” order type, enter the number of lots, and set the trigger price. When the market price reaches or exceeds the set pending order price, the system will automatically execute the buy order to open a position.