Comparison of futures gold and Spot gold

Spot gold and Futures gold is currently the most popular gold investment in the market, and any of the domestic financial investment products, compared with a certain advantage.

In fact, gold investment net small part of the spot gold and Futures gold is the main difference is this: Futures Gold is the domestic market, the same as the stock market, there is a banker, there is information asymmetry problem, retail in the inside is extremely disadvantageous position, the futures trading time is very short, generally 4 hours. Spot gold No dealer, 24 hours a day trading, there is no need to settle settlement. Instant deal. The money is instantly credited.

Advantages and disadvantages of spot gold compared with futures gold: Trading Mechanism:

Futures Gold: There is short mechanism, can be two-way trading profit, the market has profit opportunities. T+0 Trading System. The same day can open a closed position multiple times, but there is a delivery date, the expiry must be delivered, otherwise it will be forced to close the position or delivery in kind. At the same time, when the margin is insufficient, it will be closed.

Spot gold: There is short mechanism, can be two-way trading profit, the market has profit opportunities. T+0 Trading System. The same day can open positions, no delivery restrictions, can be held indefinitely. However, when the margin is insufficient, the position will be closed forcibly.

Trading Funds:

Futures Gold: Margin trading. With 10% of the money can do 100% of the transaction, the capital enlarged 10 times times.

Spot gold: Margin trading. According to the different magnification of the gold companies also have a difference, but most can use 1% of the money to operate to 100% of gold, 100 times times the magnification, multiples are calculated by hand, example; 1 standard lot = 100 ounces, some platforms can do 0.1 hands, etc.

Trading Hours:

Futures Gold: Trading hours, morning 9:00~11:30 pm 1:30~3:00. Due to short trading hours and international gold prices are not in line with the phenomenon of frequent jumps. Investors are not allowed to enter the first time in the market.

Spot gold: Due to the time difference, the current domestic week 1 a.m. 8 to Saturday 3 o'clock in the morning can be traded. That is, all-day trading, can be entered at any time of the market. The continuity of price is more advantageous than futures. The most active trading period is between 8.00 and 24.00.

Gain Limit:

Futures Gold: According to the futures of the variety of the same day, the 3%-15% stop plate range.

Spot gold: No gain limit.

opening name Sill:

Futures Gold: Starting at no less than 50,000.

Spot gold: General Platform standard Warehouse open account for $5000, equivalent to about 3 W multi-renminbi, and some other platforms can open mini-warehouse, generally about 1000 dollars.

Security Deposit:

Investors advance margin is not less than 8% of the transaction amount. Only 8% margin is required to trade, is 12.5 times times the leverage traded, is currently China's most leveraged trading products.

REF:

Http://www.cngold.org/qihuo/know/2854500.html

Comparison of futures gold and Spot gold