Three elements of a high-quality platform for spot gold account opening

Element 1. Hong Kong’s ten-year gold enterprise

In many areas, there are no platforms to open spot gold business. If you want to invest in spot gold, it is recommended to choose a Hong Kong spot gold trading platform with a longer history of financial derivatives trading. The spot gold industry has a long history of development in Hong Kong, and investors have more protection in trading here. There are also many spot gold trading platforms in Hong Kong. If you choose a ten-year gold company in Hong Kong, your investment security can be further guaranteed.

Element 2. Small spreads on the platform save costs

Investing in spot gold needs to pay the spread fee. If you trade 1 lot on the general platform, the spread fee is $50. With the increase in the number of traded lots and frequency, the spread fee will become very huge. Investors will try their best to reduce the spread. cost. Which one is better for spot gold account opening?

If a platform opens a micro-spread account , the investment feedback it can bring to investors will be better. The spread fee can be as low as $15 when trading 1 lot on a micro-spread account, and as the number of trades increases, the spread fee will decrease more and more. The spread fee is reduced, in other words, the investor's income will also increase.

Element 3. The platform insists on price limit transactions

Spot gold has slippage risk. What is slippage risk ? The so-called slippage risk is the risk that the platform does not trade according to the set price, resulting in increased losses. This kind of slippage risk is difficult to predict, so many investors are very afraid of this risk. To eliminate this risk, investors should choose a price-limited platform to trade. The price-limited platform promises no slippage and will trade strictly at the set price.