Thinking of trading XAU/USD?
- 1. XAUUSD stands for Gold being traded against the USD in the financial markets, it is a monetary asset on its own without any reliance on currency, stock or bond markets. 2. Gold is mostly moved by global inflation, deflation, supply/demand or by US Dollar announcements. When prices for the goods increase so does the prices for gold since paper currency used to buy these goods is pegged with Gold. Hence making it easier to track and study the bullion market by the experienced commodity investors. 3. Gold trading is taking place 24 hours a day. The change between gold exchanges around the world, from London to New York, then to Sydney and Tokyo, returning back to Europe is seamless, allowing for high liquidity around the clock.
Trading CFDs involves significant risk of loss
How would you like to trade XAU/USD?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade Gold Spot to US Dollar. Gold price to USD. Manually, Copy or Automate trading with Fondex. Choose how you'd like to trade on Fondex cTrader.
1. Central Banks are perhaps one of the key things to watch out for. Central Banks buying or selling gold in bigger amounts can create big supply/demand changes in the market-leading to drastic price swings. Such was the case in the 1990s which led to an increase in Gold prices. 2. Gold has an inverse relation to the US Dollar, meaning when the prices of USD go up the prices of Gold come down and vice versa. So, all news and announcements affecting the US economy have an inverse effect on the Bullion Market.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'