Besides London Gold, London Silver is another widelytraded instrument in the preciousmetals market.
For users planning to trade silver, “what are the fees per lot for London Silver?” is a very practical question.
To calculate costs accurately, you first need to know the quantity represented by one lot of London Silver, then compute spreads and trading lot sizes accordingly.

I. What Is One Lot of London Silver?
On Lucky Gold, one standard lot of London Silver equals 5,000 troy ounces.
The minimum trading size is 0.01 lot, therefore: 0.01 lot of London Silver corresponds to 50 troy ounces.
If you do not wish to trade a full onelot position, smaller lot sizes allow more flexible positionsize management.
II. What Is the Spread per Lot for London Silver?
The London Silver spread on Lucky Gold is 60 US dollars per lot.
For 1 lot traded: The theoretical spread is approximately 60 US dollars.
For 0.1 lot traded: 60 USD × 0.1 = approx. 6 US dollars.
For 0.01 lot traded: 60 USD × 0.01 = approx. 0.60 US dollars.
Accordingly, the lot size you actually trade directly determines the total spread amount.
III. What Is the Commission for London Silver?
Commission for London Silver on Lucky Gold is 0 US dollars.
This means when calculating base trading costs, focus primarily on spread and actual traded lot size. For example, 0.01 lot incurs roughly 0.60 US dollars in spread with no additional perlot commission charged.
IV. What Is the Margin Requirement for a 0.01Lot Position?
The perlot margin requirement for London Silver on Lucky Gold is 650 US dollars.
Calculated for 0.01 lot: 650 USD × 0.01 = approx. 6.50 US dollars.
Under current trading specifications, a 0.01lot London Silver position corresponds to the following figures:
· Contract size: approx. 50 troy ounces
· Margin requirement: approx. 6.50 US dollars
· Theoretical spread: approx. 0.60 US dollars
· Commission: 0 US dollars
This calculation method is more suitable for smalllot traders than merely looking at the “60 US dollars per lot” figure.
V. Why Should You Not Directly Compare Gold and Silver Spreads?
Lucky Gold quotes a 15USdollar perlot spread for London Gold and 60 US dollars per lot for London Silver.
Judging purely by these numbers, London Silver’s spread appears substantially higher.
Nevertheless, one lot of London Gold represents 100 troy ounces, while one lot of London Silver represents 5,000 troy ounces. Their contract sizes are not identical.
Therefore, when comparing gold and silver, you must take both contract units and traded lot sizes into consideration, instead of only comparing the 15USD and 60USD figures.
VI. Holding Period Must Also Be Factored Into Cost Calculations
If an order crosses the platformspecified settlement time, applicable holding (swap) charges may be generated.
Hence, when calculating total fees per lot for London Silver, follow this sequence:
1.Confirm trading lot size
2.Calculate corresponding spread
3.Check commission
4.Compute additional charges according to order holding duration
Lucky Gold supports a minimum trade size of 0.01 lot, with a London Silver spread of 60 US dollars per lot and zero commission, enabling users to directly compute costs based on their actual position size.

