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Trade precious metals, including gold and silver online with IKON Group. IKON Group offers active Metals Traders, top-of-the-line tools for the convenience of their trading needs. IKON MT4 Maximus , IKON Prodigy, IKON Turbo Meta MT4, MT4 Multibank , bring the same online technology and efficiency to trading Bullion.
With a worldwide network of Precious Metals dealers, producers, consumers and speculators, IKON Group brings a breadth of experience to our clients. Instant executions, position tracking, account management, narrow spreads, and first-ever market depth on Bullion are among the many features available.
Why Trade Metals Online with IKON Group
- Spot Gold and Silver are available for live trading 24 hours a day
- IKON offers a minimum deposit of only US $300
- The maximum leverage for the Spot Gold and Silver is 1:250. Spot commodities allow traders to short sell as easily as taking a long position, and can also be traded by Market, Limit and Stop orders.
Available Orders on IKON Metal Trading Platforms
- Limited Orders: An order to buy or sell at a specified target price or better
- Stop Orders: An order to buy or sell when the market surpasses a specified price
- OCO Orders: One Cancels the Other. One Limited Order and one Stop Order where the fill of one leg cancels the other leg
- Market Orders: An Order to buy or sell immediately at the best available price
- If Done Orders: A two-legged Order where the fill of the first leg activates the second leg
- Trailing Stop: A Stop Order that remains at a fixed amount below the market price. The stop level is automatically adjusted as the price fluctuates and let's profit run while limiting loss
Platforms for trading Metals (Spot Gold and Silver)
Minimum and Maximum Lot Size
For Spot Bullion (Spot Gold & Spot Silver) the minimum lot size for Gold is 10 ounces and the maximum lot size is 1,000 ounces, while the minimum lot size for silver is 500 ounces and maximum lot size is 50,000 ounces.
Additional Information on Gold and Silver Trading
- Trading Hours: Our trading hours are from 10 p.m. GMT Sunday, until 10 p.m. GMT Friday with no exception other than the official holidays when local markets are closed.
- Leverage and Minimum Deposit:
- Minimum deposit is US $150
- The maximum leverage for the Spot Gold and Spot Silver is 1:250
- Commissions: There are no transactional commission costs other than the bid / ask spread
- Instruments and Spreads:
- Gold is 40 cent wide
- Silver is 3 cent wide
Demo Account Special Offer
Open a full-functional 30-day demo account.
How to open an Online trading Account for Metals?
IKON Group accepts applications both via hard copy and online application. You can find all account opening details on Spot Bullion under our Account Opening page. Our Account Opening process takes on average 2 business days, after receipt of all documents. We accept USD, AUD, EUR, CHF, CAD, and NZD funding. The withdrawals are done via wire, check, (if amount is less than $1,000) or via Moneybookers.
