Unlock the full potential of metal trading with the best global multi-asset broker.
Welcome to the world of metals trading with OBO Holding Limited. Discover the vast possibilities of trading metals with OBO Holding Limited, where you can trade CFDs on gold, silver, platinum, palladium, steel, and other metals with an award-winning broker. OBO Holding Limited offers a seamless platform for exploring spot metals trading, allowing you to capitalize on new trading opportunities.
OBO Holding Limited offers access to a wide range of metals, including gold, silver, platinum, and palladium. Plan your trades with confidence and optimize your metal trading experience by utilizing our detailed contract specifications. Explore our comprehensive contract specifications and gain a deeper understanding of our exceptional trading conditions, including contract size, leverage, spreads, commissions, swaps, and more for different account types.
Normal trading hours refer to the regular trading sessions available for trading. The below shows the normal trading hours for metal pairs available for trading with OBO Holding Limited.
Seasonal and market factors may affect the below trading hours, so it is important to follow the latest updates on the Trading Hours page to stay up to date with the latest seasonal changes to trading hours. All timings are in server time (GMT+2).
XAU, XAG, XPD & XPT Pairs:
Monday 01:05 – Friday 23:55
(Daily Break: 00:00 – 00:59)
OBO Holding Limited offers a floating spread on all metal products for all account types. Hence, the spreads in the contract specifications table are the average spread based on the previous trading day. For live spreads, please refer to the trading platform. Please note that spreads may widen when the markets experience lower liquidity, including rollover time.
OBO Holding Limited offers a variety of trading accounts to suit each trader’s needs and preferences. We offer accounts with raw pricing on which additional commissions are charged. Other account types have no commission but instead have mark-ups incorporated in the prices. By default, the chart in the MetaTrader trading platforms will display the raw pricing, while the market watch will display the pricing of the account type that the client is trading on.
OBO Holding Limited applies swap long for keeping buy positions open overnight and swap short for keeping sell positions open overnight. Swaps occur at 23:59 Server Time each day, excluding weekends, until the position is closed. Triple swaps are charged on Wednesdays to cover financing costs incurred over the weekend.
OBO Holding Limited defines the stop level as the minimum distance (difference in pips) between the current market price and the pending order price. The stop level values in the contract specifications table are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.
OBO Holding Limited offers dynamic leverage on metals for most account types. The leverage values in the contract specifications table represent the maximum leverage for each trading instrument. The maximum leverage will adjust based on your net open positions. For more details, please refer to the Dynamic Leverage page.
OBO Holding Limited offers fixed leverage on metals for certain account types. In this case, the maximum leverage displayed in the contract specifications table will remain constant, regardless of your net open positions. The fixed leverage applies to Cent & Micro account types.
OBO Holding Limited applies risk management measures to protect positions from possible high volatility during key events and specific time periods that impact the general volatility of the market. Higher amounts of margin are required to open an order during these periods, which are known as HMR (higher margin requirements) periods. The higher margin requirements will apply only to positions that are opened within these periods. The margin requirements of existing positions will not be affected.
Closing an open hedged position during HMR periods can fail if there is insufficient free margin to cover the higher margin requirements, specifically the higher margin requirements on the latter half of a hedged order at the time of closing.
The HMR periods include:
The metals market is a global marketplace for trading various types of metals like precious metals and base metals to speculate on the price of these highly volatile instruments without buying the underlying asset.
Trading metals involves the buying and selling of various precious metals like gold, silver, platinum, and palladium or base metals such as copper and aluminum. Each metal has its unique characteristics and market dynamics.
Precious metals like gold and silver are often considered safe-haven assets, as they tend to retain their value during times of market uncertainty. Traders often turn to these metals as a hedge against inflation and economic volatility.
Base metals such as copper and aluminum are essential for various industries, including construction, electronics, and manufacturing. Trading these metals provides exposure to the global industrial sector and allows traders to capitalize on market trends and demand fluctuations.
Metals prices are influenced by supply and demand factors, including production levels, geopolitical events, economic indicators, and market sentiment. Understanding these dynamics is crucial for informed decision-making in metals trading.
Disclaimer: OBO Holding Limited is not engaging in any action(s) which may be deemed as solicitation of financial services in countries where such action(s)would be contrary to local law or regulation.
Information on this website is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation, and it does not constitute investment advice or a recommendation or a solicitation to engage in any financial services and investment activity.
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Translations into languages other than English are offered for informational and convenience purposes only and are not intended to provide, promote, or solicit financial services to individuals residing in specific countries or regions.
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