Which spot gold futures gold has more trading advantages?
When many investors choose gold investment products, they always struggle to know which spot gold futures gold should invest in. In fact, as far as the investment methods of the two products are concerned, spot gold should have more trading advantages. Where is it embodied? Let's find out today.
How is spot gold better than futures gold?
Let's first understand what futures gold is. Futures gold is also called "gold futures contract". It is a futures contract with gold as the transaction object. It does not need to trade physical gold, and can conduct two-way transactions. Although futures gold has various advantages, its entry threshold is too high, which is not friendly to investors with a small amount of funds on hand.
Spot gold, also known as "London Gold", has a longer trading time than futures gold. It can be traded 24 hours a day within a trading day, with no limit on ups and downs. The trading model is more flexible and has no delivery period. Positions can be opened and closed on the same day. The market entry threshold is extremely low for the closing operation. Currently, the lowest entry threshold in the industry is the mini account of Datian Global. The minimum deposit is 30 US dollars, and the minimum can be 0.01 lot.
Mini account ultra-low investment threshold, 30 US dollars can operate profitably
How can I trade spot gold?
Investors only need to open an account on the spot gold trading platform to conduct spot gold trading. At present, there are basically no special conditions for opening an account in online gold trading. You only need to meet the age requirements, provide mobile phone numbers and available bank card numbers, etc. information to open an account for trading.
However, it is best to have a certain knowledge reserve before trading spot gold, such as understanding the factors that affect the trend of gold prices, in addition to learning position management skills.
I believe that through the above content, you already know which spot gold futures gold has more trading advantages. Spot gold is favored by more investors due to its more flexible trading model and lower market entry threshold than futures gold.
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