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MetaTrader 4 Contract Sizes (Precious Metals) Our clients can trade from 1 contract to 10,000 contracts without any restrictions. Take advantage of our wide range of trading sizes from 10,000 to 100 million.
Change of Contract Size Clients can select trading volume from the Volume Dropdown. One lot is equivalent of 100 ounces of gold or 5000 ounces of silver. 0.10 lot is equivalent of 10 ounces of Gold or 500 ounces of silver. Example #1 (GLD) The GLD spot price is 654.95 / 655.45 as shown in the image below. To buy 1 standard lot of GLD, the required margin = 100 (units of gold) / 100 (leverage factor) x $655.45 = $655.45. 1 tick equals to $1 profit or loss. Example #2 (SLV) The SLV spot price is 16.572 / 16.632 as shown in the image below. To sell 1 standard lot of SLV, the required margin = 5000 (units of silver) / 100 (leverage factor) x $16.572 = $828.60. 1 tick equals to $5 profit or loss.
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Mada Financial Corporation © 2007. All Rights Reserved *Spot metal contracts and the ability to earn interest on cash balances are available to MadaFX's MetaTrader 4 platform clients only. **Forex (FX) trading on margin carries a high level of risk and is not suitable for all investors. Forex is traded with a high degree of leverage, which can work for you as well as against you, and it is possible to loss more than you invest. You should only invest funds that you can afford to lose and do not need to support yourself or your family. You should carefully consider all risks involved with forex trading as well as your financial situation, investment objectives, and risk tolerance before investing. Forex is traded over-the-counter (OTC) and not on a regulated Exchange. Market conditions may adversely affect order execution. International Awards and Recognition 
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