Where to open an account for gold investment in 2021 is better and more economical?

When it comes to investment and financial management, most people may prefer to invest in gold to increase wealth in the near future. It is true that gold investment has investment leverage, so it is more suitable for the financial needs of ordinary people in terms of income efficiency and capital threshold. . However, there are many online trading platforms. Where is the best place to open an account for gold investment in 2021 and save money? Below I will introduce two points to you:

1. The platform of limit trading mode

In the gold investment market, when the market price jumps or gaps, the market price platform is prone to slippage that the actual closing price is inconsistent with the preset stop-loss and take-profit prices. This slippage risk will not only make our stop loss protection completely invalid, but also cause unexpected losses, which will virtually increase our investment costs.

So where is the gold investment in 2021 more economical to open an account? If investors want to avoid the extra cost caused by slippage risk, they should choose a platform with limit price trading mode to open an account to ensure that the system can accurately implement the investment plan according to the stop loss and take profit price at any time, and prevent the occurrence of slippage. possible.

• What is the difference between a limit platform and a market platform?

2. Platform for micro-spread account

In addition to the slippage cost, another major cost in gold investment investment is the spread fee incurred during the buying and selling process. For example, according to the spread charge standard of USD 50 per lot in the international gold investment market, if we want to buy 10 lots of gold investment, we need to pay a spread fee of USD 500. , the accumulation speed of the spread fee will be faster and faster.

• Ultra-low transaction costs, the spread charge is as low as an average of $15/lot, and you can grasp more profits!

At present, investors can enjoy an average spread as low as $15/lot by placing an order with the micro-spread account. Similarly, you only need to pay a spread fee of $150 for buying and selling 10 lots of gold investment, which will undoubtedly greatly reduce our investment costs. pressure!

So on the whole, where is it more economical to open an account for gold investment in 2021? In gold investment, if investors want to reduce the two major costs of slippage risk and spread, in addition to choosing a platform with a price limit trading model to avoid slippage risk, they can also register a micro-spread account to greatly reduce the spread. Cost. By making good use of the above two skills, we can improve the efficiency of capital utilization and obtain better investment results!