Trading mechanism:
Futures gold: there is a short-selling mechanism, two-way trading can make a profit, and there are profit opportunities for both ups and downs. T+0 trading system. You can open positions many times on the same day, but there is a delivery date, and you must deliver them at maturity, otherwise you will be forced to close your positions or deliver them in kind. At the same time, when the margin is insufficient, it will also be forced to close the position.
Spot gold: there is a short-selling mechanism, two-way trading can make a profit, and there are profit opportunities for both ups and downs. T+0 trading system. You can open and close positions many times on the same day, without delivery restrictions, and you can hold them indefinitely. However, when the margin is insufficient, it will be forced to close the position.
Trading funds:
Futures gold: margin trading. With 5% capital, you can do 100% transactions, and the capital is enlarged by 20 times.
Spot gold: margin trading. There are differences according to the magnification of gold companies, but most of them can be operated with the magnification of 10 to 100 times 10% to 100% gold, and the multiples are calculated by hand, for example; 1 hand = 100 ounce. You can buy 0. 1 lot or 1 lot at the price of1ounce respectively.
Trading time:
Futures gold: trading time: 9: 00 am ~165438+0: 30 pm1:30 pm ~ 3:00 pm. Due to the short trading time, it is not in line with the international gold price, and the phenomenon of gap is frequent. Investors can't enter the market in the early stage.
Spot gold: Due to the time difference, domestic transactions can be conducted from 8: 00 am on Saturday to 3: 00 am on Saturday. That is, all-day trading can be entered at any time in the market. Price continuity is better than futures. The most active trading period is between 8.00 and 24.00.
Growth restrictions:
Futures gold: according to different futures varieties, the daily price limit ranges from 3% to 15%.
Spot gold: the price is not limited.
As for which to do better, it depends on your own situation, the amount of funds, how much risk you can resist (the higher the leverage, the greater the risk), and your own operating time.