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Compare the difference between speculating in gold and speculating in foreign exchange, which is better?
Compare the difference between speculating in foreign exchange and speculating in gold, which is better?

First, the trading time.

Foreign exchange: trading 24 hours a day from Monday to Friday.

London gold trading: trading 24 hours a day from Monday to Friday.

Second, the trading mechanism.

Foreign exchange: market-making mechanism, two-way trading, T+0 trading system, no delivery deadline, opening and closing positions on the same day, no price limit, more profit space, you can set entry position, stop loss position, profit position and controllable risk.

Third, the investment threshold.

Foreign exchange: there is no capital limit for opening an account, and the leverage is 100 times. A margin of $65,438+0,000 (RMB 6,500) is required for each transaction. The minimum transaction amount is 0. 1 lot, and the required margin is $65,438 +000 (low threshold).

Loco-London gold trading: there is no capital limit for opening an account, providing 65,438+000 times leverage. For a first-hand transaction, a deposit of USD 65,438+0,000 (RMB 6,500) is required, with a minimum of 0.65,438+0 lots and a deposit of USD 65,438+000 (low threshold).

Loco-London gold trading: market maker mechanism, two-way trading, T+0 trading system, no delivery period, opening and closing positions on the same day, no price limit, more profit space, and you can set entry position, stop loss position, profit position and controllable risk.

Fourth, price fluctuations.

Foreign exchange prices fluctuate very little every day, while gold prices fluctuate greatly.

Fifth, transaction costs.

Foreign exchange: spread: 3-5 ten thousandths, unilaterally charged, 30-50 USD for primary transaction;

London gold trading: unilateral charge, spread: five ten thousandths, you need to pay 50 dollars, that is, 325 RMB.