Do you need money to open an account with spot gold


Is it free to open an account with spot gold? Does it need money to open an account with spot gold? It is free to open an account with spot gold, which mainly collects transaction commission, point difference fee, service charge and margin.

The exchange does not have strict restrictions on the amount of account opening fees, so each dealer can set a minimum threshold for deposit privately. According to the spot gold contract, a deposit of $1000 can be bought, and the minimum deposit of 0.1 hand is $100.

The handling charge for spot gold is the point difference fee plus commission, 0.5 point difference and 50 US dollars Commission, that is, 1 point service charge. That is to say, if the gold price fluctuates by one point, the profit or loss of the investor is $100, plus the point spread and commission, it is $100. That is to say, when the investor buys more than one order with $1000 and the gold price rises to $1010, the investor will earn 10 points, that is, 1000 dollars. After deducting the handling fee of one point, the net profit of the investor is $900 Yuan.

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