Trading Rules


*1 Calculated with Gold Price 2,000USD/oz with 100x margin of GOLD_MIN product.

*2 Spreads may widen due to volatile market conditions. The above spreads reflect normal market circumstances.


Tradable Symbols – Gold / Silver


Market Hours –
All times shown below are in
Hong Kong Time, GMT+8.

Gold_STD

TradingMonday to Friday excluding New Year and Christmas holidays
Eastern Standard Time PeriodMonday 8:00 a.m. to 5:55 a.m.
Tuesday 7:05 a.m. to 5:55 a.m.
Wednesday 7:05 a.m. to 5:55 a.m.
Thursday 7:05 a.m. to 5:55 a.m.
Friday 7:05 a.m. to 5:00 a.m.
Trading HoursEastern Daylight Time PeriodMonday 7:00 a.m. to 4:55 a.m.
Tuesday 6:05 a.m. to 4:55 a.m.
Wednesday 6:05 a.m. to 4:55 a.m.
Thursday 6:05 a.m. to 4:55 a.m.
Friday 6:05 a.m. to 4:00 a.m.
Trading hours may be affected by U.S. bank holidays. You will be notified in advance by email.
Trading CloseEastern Standard Time PeriodIn relation to each Trading Day, 6:00 a.m.
Eastern Daylight Time PeriodIn relation to each Trading Day, 5:00 a.m.
Scheduled MaintenanceEastern Standard Time PeriodDaily 5:55 a.m. to 7:05 a.m.
Eastern Daylight Time PeriodDaily 4:55 a.m. to 6:05 a.m.

Other Products – Gold/Silver_L(MIN/5/10/20/50)

TradingMonday to Friday excluding New Year and Christmas holidays
Trading HoursGOLD
SILVER
Eastern Standard Time PeriodIn relation to each Trading Day, 7:30 a.m. to 5:30 a.m. the next day.
GOLD
SILVER
Eastern Daylight Time PeriodIn relation to each Trading Day, 6:30 a.m. to 4:30 a.m. the next day.
Trading hours may be affected by U.S. bank holidays. You will be notified in advance by email.
Trading CloseGOLD
SILVER
Eastern Standard Time PeriodIn relation to each Trading Day, 5:30 a.m.
GOLD
SILVER
Eastern Daylight Time PeriodIn relation to each Trading Day, 4:30 a.m.
Scheduled MaintenanceEastern Standard Time PeriodIn relation to each Trading Day, 5:30 a.m. to 7:30 a.m.
Eastern Daylight Time PeriodIn relation to each Trading Day, 4:30 a.m. to 6:30 a.m.

Know more:
Trading hours


Fees

Account Opening FeeFree
Dormant Account Maintenance Fee10 USD for accounts which have no trades, deposits or withdrawals in 6 consecutive months
Auto-Closeout FeeNIL

Know more:
Trading Cost


Margin Rules

Account CurrencyUSD only
Minimum Initial DepositNIL
Required MarginGOLD0.5% of currency contract value (in USD)
SILVER1% of currency contract value (in USD)
Maximum LeverageGOLD100 times
SILVER100 times
Margin CallNo margin call will be issued.
Auto-CloseoutYour Positions will be closed out and pending orders will be cancelled automatically if net equity falls below 60% of margin ratio in USD.

Know more:
How to calculate Leverage Ratio ?


Order Features

Bullion QuotesTwo way pricing – Sell and Buy
Trading PlatformMT4
MT4 for iOS and Android powered devices
Our operators will not accept any orders via phone or other means except for system and / or internet failure.
Order TypeOne-Click Order / Market Order / Limit Order / Stop Order / Take Profit Order / Stop Loss Order
Minimum Limit/Stop DistanceGOLD2.5
SILVER0.5
Expiry TypeGood-Till-Cancelled (GTC)
Good-Till-Date (GTD)
HedgingThis is an optional feature.
Although it is a convenient feature to enter hedged trades at the same time, we do not recommend the usage of the feature to our users. You should be aware of the various factors that could affect your account balance as a result of executing such hedged trades:
Possible negative rollover (i.e., rollover charges may be higher than rollover accruals) if hedged positions are held overnight; or
You will be subject to twice the usual trading cost when closing these hedged trades.
You will only be required to hold one set of Margin for hedging trades, with this amount being the average required margin for the two hedging positions.
There must be sufficient Margin in your trading account in order to open the hedging position.
It will be your responsibility to continually monitor your positions and HTI Limited will be not liable for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of this feature.
Cash-on-Delivery (Physical Settlement)Not available

Know more:
About Bullion’s price quote
Profit and loss calculations


Settlement & Rollover

Profit / Loss SettlementRealised trading profit/loss will be settled (i.e., credited to or debited from the cash balance) at Trading Close.
RolloverThe realised amount will be settled (i.e., credited to or debited from the cash balance) at Trading Close.
Please note that “3-day” rollover will be applied to all open positions at trading close on Wednesdays. U.S. bank holidays may also affect the number of days worth for each rollover.
Rollover rates for each product are clearly detailed on the MetaTrader 4 platform. You may check the debited or credited rollover amount under Account History on the platform (For more details, please refer to our MT4 user guide). Alternatively, you may check the rollover amount applied to your open positions via the Client Statement which is emailed to you after each trading close.