Spot gold is also called London gold. It is an investment and financial management project formed by various gold companies establishing trading platforms and conducting online trading transactions with market makers in the form of leverage ratios. Spot gold is also often called the world's largest stock. Its essence is to earn the price difference by buying and selling gold. Its trading mechanism is flexible, and investors can operate 24 hours a day, two-way T+0 through the electronic platform. There are profit opportunities regardless of whether the gold price rises or falls. \x0d\The market makers are the four major international gold merchants: HSBC Bank in the UK, Maple Leaf Bank of Canada, ***Bank of the United States, and Rothschild International Investment Bank. Quotation: The international unit of measurement is US dollars per ounce, and the settlement is in US dollars. The exchange rate between RMB and US dollars is based on the bank exchange rate. (1 ounce = 31.1035 grams) \x0d\ Trading hours: 24-hour trading on working days, closed on weekends Contract unit: 1 lot = 100 ounces \x0d\ Contract specifications: Standard order: 1 lot = 100 ounces Contract deposit: US$1,000 ( That is, 1,000 US dollars can buy 1 lot) Mechanism: When entering the market, you can set a stop-loss and take-profit limit order for this order at the same time. Buying up (going long): Profit from buying at a low price and selling at a high price. Buying and selling (short selling): selling at a high price first and then buying at a low price to make a profit. \x0d\Transaction form: T+0 form means buying and selling at any time, two-way operation, in the form of down payment (deposit). \x0d\ The form of down payment (deposit) is margin trading. Here I will explain to you what margin trading is: Margin trading, also known as deposit trading, is when investors use their own funds as guarantee, provided by banks or brokers. Financing is amplified to conduct transactions, which is to amplify investors' trading funds. The proportion of financing is generally determined by the bank or broker. The greater the proportion of financing, the less funds the customer needs to pay. The margin ratio for spot gold is less than 1%.

To put it simply, if I want to buy 100 grams of gold, I only need to pay a deposit (deposit) that is less than the value of 1 gram of gold