by Daman Securities LLC

metals

Trading Metal CFDs

Our platform not only offers access to Forex trading, but also allows you to trade CFDs on precious metals such as gold and silver. These metals have been highly valued for their monetary worth since ancient times, and they tend to hold their value over long periods, making them a safe haven for traders.

Why trade Metals?

Investing in precious metals can be a smart move for traders looking to hedge against market volatility, political uncertainty, and economic collapse. It can also be an important part of a diversified long-term investment portfolio. At our platform, you can easily trade gold and other precious metals online, always with the same low spreads and competitive trading conditions.

What affects the price of Metals?

The price of precious metals is primarily affected by supply and demand. When demand for these metals increases, their price tends to rise, and vice versa.

Additionally, the value of the US dollar is an important factor, as precious metals are typically denominated in dollars. Therefore, their price is generally inversely related to the value of the US dollar. When the value of the US dollar falls, the price of precious metals tends to rise.

Inflation is another major factor that affects the price of precious metals. Generally, rising levels of inflation tend to raise the price of precious metals. This is because investors often turn to precious metals as a hedge against inflation, as they tend to hold their value even when other assets lose value due to inflation.

Industrial demand is also a factor that can affect the price of precious metals. For example, the demand for gold in electronic devices and jewelry can cause the price of precious metals to rise.

How to get Started

Getting started is as simple as 1-2-3! And the onboarding process is so smooth you won’t have to worry about a thing.

OPEN AN ACCOUNT​

Register using your full name, email and password.

ADD FUNDS

Fund your account using any of the multiple methods.​

START TRADING

Use the desktop or mobile platform to launch your trades.​

For any questions or feedback, get in touch with us

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