How to open an account on the precious metal trading platform? Be sure to read the two rules!

With the gradual rise of precious metal wealth management fever, ordinary people have also begun to pay attention to the investment advantages such as high return rate and transaction flexibility of spot precious metals. Although it is not difficult to open an account to speculate on spot precious metals, if a novice ignores some transaction terms and conditions during the transaction process, it may bring a lot of trouble to real gold transactions in the future. How to open an account on the precious metal trading platform? What are the transaction details that must be paid attention to? Let's take a look with me below:

1. Limit transaction terms

Although the strong unilateral market in the precious metal market can bring many profit opportunities to investors, once the quotation fault occurs in the market, ordinary market price platforms will easily cause transaction slippage, resulting in the final transaction price of our order. If the preset price deviates, it may not be able to stop profit in time, resulting in less profit, and at worst, it will make the stop loss effective and cause additional losses!

Therefore, how to open an account on the precious metal trading platform, and what trading rules should I pay attention to? When opening an account, we recommend that priority should be given to the platform that promises to use the limit price and no slippage clause to ensure that the take profit and stop loss set in the transaction can be unconditionally and accurately implemented at any time, so as to effectively avoid transaction slippage. Unstable factors brought about by investment, improve their own risk control ability.

What is the difference between a limit platform and a market platform? Why are price-limited platforms safer?

2. Terms of deposit and withdrawal

In addition to the transaction slippage that will affect our investment stability, the deposit and withdrawal terms when opening an account on the trading platform will also affect the safety of investors' account funds in actual transactions. For example, if a precious metal trading platform needs to apply for cash withdrawal after you reach the profit target, it restricts your freedom of withdrawal through multiple harsh terms, and even induces you to make another order to earn a spread fee. In the end, your profit will be greatly reduced.

How can the precious metal trading platform open an account to avoid this dilemma? When registering an account, we can carefully read the trading rules issued by the platform to see if there are any bad terms that limit the freedom of investors to withdraw funds. At the same time, we can also invest 30 US dollars to register a mini account before real gold trading, and test the key indicators such as the trading fluency and the speed of deposit and withdrawal of the platform through a very small amount of real trading, so as to fully ensure the safety of our trading environment.

Mini account ultra-low investment threshold, 30 US dollars can operate profitably

In general, how to open an account on a precious metal trading platform? What are the transaction details that must be paid attention to? When we open an account to speculate in precious metals, we must pay attention to whether the platform adopts price-limited non-slippage trading and the freedom of deposit and withdrawal, and try to choose a high-quality platform that strictly implements price-limited non-slippage trading, and has high deposit and withdrawal efficiency. Your own funds in the real gold operation are safe!