Tuesday, September 1, 2009

Forex.com announces metals trading

We are pleased to announce that we will be adding spot gold and silver trading to the MetaTrader platform on September 1st, 2009, enabling clients of FOREX.com UK to trade metals alongside global currencies.

We will be sending a client notification email on September 2nd, 2009. A sample of the email has been included below for your reference.

Should you have any questions, please do not hesitate to contact your Relationship Manager or GAIN Capital Partner Services at +1.908.731.0724, or at

We're pleased to let you know that spot gold and silver are now available for you to trade on MetaTrader at FOREX.com.

Much like trading currency pairs, spot metals enables traders to take a long or short position in gold (XAU/USD) or silver (XAG/USD) while simultaneously taking the opposite position in the U.S. dollar. The spot metals markets are quoted and traded in a very similar way to currency pairs. Trading is available 24 hours a day from Sunday 11pm GMT through to 10pm Friday GMT.

Spot gold and silver trading is driven by several market factors that currency traders are likely already following, including the strength of the U.S. dollar and the price of oil.

Why trade metals?






Hedge against inflation - When inflation expectations are high or rising, gold and silver tend to appreciate while other asset classes may see values eroded by inflation. When inflation expectations are low, metals may languish.



Alternative to USD - Historically, gold and silver are a "safe havens", a country-neutral investment. When the reserve currency comes under pressure, investors seek out other alternatives - like gold and silver.



Safe haven vehicle - during periods of heightened risk aversion or market turmoil, gold and silver tend to appreciate as investors exit other financial assets (e.g. stocks and bonds) and flock to the traditional role of metals as a store of wealth.