Unlike a standard Forex trading on MT4, commodity trading often has different conditions.

Here are some “Questions & Answers” for Commodity Traders.

1. When are the Gold & Silver Trading Hours?

Gold and silver trading is available on the Yadix platform from 00:00 (Market Watch Time) Sunday till 00:00 (Market Watch Time) Friday. Gold and Silver trading follows CME holiday closures.

2. How much is the minimum trading size of Gold & Silver?

Trading of gold and silver is executed in lots.

• 1 lot traded of gold = 100oz
• 1 lot traded of silver = 5000oz

3. How is Gold & Silver Pricing displayed on MT4?

Gold and silver quotes are similar to Forex. Gold is traded against the US dollar or the EUR value and is displayed as XAU/USD or XAU/EUR.

Silver is displayed as XAG/USD. Spot prices for Gold and Silver are the equivalent in US dollars per troy ounce. Therefore, for a price quote of XAU/USD 1299.50, 1oz of gold is equal to $1299.50

4. How much is the smallest price increments of Gold & Silver?

When trading Gold, 1 lot is 100 troy ounces and Silver is 5000 troy ounces. Therefore, the smallest price increments are equal to the troy ounce equivalent in USD.

5. How to calculate margin of Gold & Silver?

Using leverage of 1:100 and example pricing trading one lot:

XAU/USD – Price (1299.50) x Contract Size 1 lot (100 oz) / Leverage (100) = $1299.50
XAG/USD – Price (20.57) x Contract Size 1 lot (5000 oz) / Leverage (100) = $1028.50

6. When can I trade Oil on MT4?

Yadix Oil products do not have expiration dates, Yadix offers 24 hour trading on oil symbols. Oil trading follows CME holiday closures.

7. How to calculate margin of Oil trading?

To calculate the margin required to place the minimum trade size, simply multiply the minimum trade size by the margin required (per contract). Margin required is calculated in the Currency the Instrument is denominated in.

1 lot of crude oil is equal to 100 barrels. The minimum margin requirement for oil is $200. One contract (lot) x minimum margin requirement $200 = US$200.

8. How much is the commission of Commodity trading?

Commissions apply for Commodities: Scalper $/€14, Pro $/€12, Islamic $/€8 and Rebate $/€10 per round lot traded. The Classic account has no commissions.