Spot Silver Trading
Seeking to trade volatile assets but with less capital risk? Add silver to your portfolio with us, and trade with rates from as low as 1 cent.
500 oz and 5,000 oz contracts available
Diversify your portfolio
No contract expiration
Take Advantage of Silver
Seeking to trade volatile assets but with less capital risk? Silver is a considered choice given its reputation as a more volatile and inexpensive version of gold. ThinkMarkets offers silver trading terms for traders of all sizes by providing the benefits below and more.
Silver Trading Benefits With ThinkMarkets
- Low spreads from as low as 1 cent
- Trade in increments as small as 1 oz
- No contract expiration
- Flexible leverage to allow for all trading strategies
- Trade side by side with forex pairs
Silver Trading Example
You think the price of silver is going to fall over during the day. You sell 5,000 oz, or 1 lot, of XAG/USD at the price of USD16.38. One lot is 5,000 oz x USD16.38 = USD81,900 (or USD50 for every 1-cent movement in the price of silver).
Later that day silver is trading at USD16.25, and you decide to buy back to close. Your profit on the trade is USD650.00 (USD16.38 closing price - USD16.25 opening price x 5,000 oz).
Using leverage of 200:1, your initial margin would have been 5,000 oz x USD16.38 x 1 lot / 200 = USD409.50.
Whole increment size
Whole increment value per 1.0 lot
Trading hours (GMT+3)
Monday 01:00 - Friday 24:00
Note: There is a daily 1-hour break from 24:00 to 01:00 (GMT+3).
Losses can exceed deposits.