Gold Academy: How much does it cost to speculate on spot gold? How to trade more economically?
Although there are many ways of financial management in the market, with the development of the global epidemic and the rising risk aversion in the market, spot gold, as the "leader" in the hedging products, is naturally more popular among investors. However, the trading threshold of spot gold is often the main reason why ordinary investors hesitate to enter the market to make orders. So, how much is it to speculate on spot gold? How can investors trade more economically? Today I will tell you in detail:
1. How much is it to speculate on spot gold?
In fact, due to the stereotype of physical gold trading, many people often mistakenly believe that buying and selling spot gold also requires a lot of capital to enter the market for investment. But in fact, how much is it to speculate on spot gold? At present, we invest in spot gold, and you can register a mini account to make orders in the market with a minimum of US$30. Even for other functional accounts, the minimum deposit is between US$500-2,000. Even for working people with ordinary income, after deducting the necessities of life After spending, you can still use your spare money to invest in spot gold, which will not constitute financial pressure for most people.
- Mini account ultra-low investment threshold, 30 US dollars can operate profitably
- Not sure which account type is better for you? Online professional customer service analysis for you
2. How to trade spot gold to save money?
After knowing how much money is spent on spot gold, I believe everyone knows that spot gold is a low-threshold investment that is more suitable for the general public. However, considering that the current young people are under pressure from housing loans and car loans, they often hope to further improve the utilization rate of funds and make full use of the little spare money on hand for efficient financial management. Is there any way to reduce the investment in spot gold? Medium cost expenditure, the overall effect of improving revenue? You may wish to consider a micro-spread account when investing.
Because the international standard spread charge of $50/lot is the most common transaction cost in spot gold trading, for short-term investors, long-term accumulation will reduce the final efficiency of investment profits. However, if we use the micro-spread account to make orders, we can effectively reduce the spread charge to an average of USD 15/lot and a minimum of USD 10/lot, which not only greatly slows down the accumulation of spread costs in investment, but also saves money. The money is better put into the market, and the investment effect is better!
Overall, how much is spot gold speculation? How to trade more economically? At present, we are speculating in spot gold, and you can register for a mini account for as little as $30, which is especially suitable for ordinary people who do not have sufficient funds to enter the market. And if we want to further save transaction costs, it is best to use the micro-spread account to reduce the spread cost in the transaction and improve the utilization rate of funds!
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