Gold, as a highly regarded precious metal worldwide, has always been one of the objects pursued by investors and traders. Exness, as a well-known forex trading platform, provides traders with the opportunity to trade gold, and the gold spreads of different account types are also a focus of traders' attention. This article will delve into Exness' gold spreads to help you better understand how to trade gold.
Exness' naked spot account offers extremely low spreads in gold trading, starting from 0.0. This means that traders can trade gold at lower costs, thereby gaining more profit opportunities in market fluctuations. The naked spot account is also equipped with a maximum transaction fee of $3.5 per lot (one-way) and the advantage of maximum leverage of 1: unlimited, providing traders with more trading flexibility.
Similar to naked spot accounts, Exness' zero spot account also has a spread starting from 0.0 in gold trading. However, the transaction fee for Zero Point accounts is even lower, at a minimum of $0.2 per lot (one-way). This allows traders to trade gold in a more cost-effective way while enjoying lower costs. The maximum leverage of the Zero Point account is also 1: unlimited, providing traders with a greater choice of leverage ratios.
The Vanguard account has a starting spread of 0.1 in gold trading. Although relatively high compared to naked and zero point accounts, it is still at a competitive level. Pioneer accounts have no transaction fees, making them suitable for traders who do not like to be affected by additional transaction fees on their trading profits. The maximum leverage is also 1: infinite, providing traders with greater flexibility.
Overall, Exness provides traders with multiple types of accounts to meet the needs of different traders. Whether you are seeking low spreads, lower fees, or stronger leverage, you can find the right gold trading account for yourself on Exness. By gaining a deeper understanding of the characteristics of different account types, you can choose the trading method that suits you more wisely, in order to achieve a better trading experience and higher trading efficiency.
Please note that gold trading carries risks, and traders should make decisions based on their own risk tolerance and trading experience, fully understand market conditions, and trade cautiously.