trading silver/gold like forex?

Discussion in 'Other Investments' started by silverzman, Sep 22, 2013.

  1. silverzman

    silverzman Active Member Silver Stacker

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    Is there any sites that allow you to trade silver/gold price movements like forex where each price point a certain money value is gained or lost
     
    silverzman, Sep 22, 2013
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  2. Scyb

    Scyb Member Silver Stacker

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    Ig markets?
     
    Scyb, Sep 22, 2013
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  3. whinfell

    whinfell Well-Known Member Silver Stacker

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    whinfell, Sep 22, 2013
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  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    +1
    I use IG Markets.
     
    wrcmad, Sep 22, 2013
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  5. silverzman

    silverzman Active Member Silver Stacker

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    Will have a look at LG market.

    I want to leveraged positions so 1 basis point means I gain or lose $x.

    I don't want to buy it at 1oz then I could just buy physical :)
     
    silverzman, Sep 22, 2013
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  6. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    IG Markets Mini Silver 500oz contract has a pip value of USD$5 (1 pip = 1cent per troy oz) with only a 1.5% margin..... sounds like this is what you are looking for?
     
    wrcmad, Sep 22, 2013
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