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What's the difference between paper gold, paper crude oil and spot?
Paper gold and paper silver are generally varieties introduced by banks. Deposits are converted into a certain number of grams of gold at the current market price. Gold goes up to make money, and gold goes down to lose money. The leverage ratio is 1: 1. There is no real thing in hand, only the price is traded, and the trading time is limited.

Spot crude oil is more and more loved by investors because of its superior system and high yield. Its main advantages are as follows:

1) Leverage ratio: 1: 100, control large transactions with small funds and save funds.

2) Trading is not limited by time, and it is conducted 24 hours a day from Monday to Friday.

3)T+0 form, buying and selling, buying and selling at any time.

4) Two-way trading, you can do more short, and the price rise and fall does not affect the income.

5) The fluctuation range is large every day, and there is room for intercepting profits.

6) For a single variety, it is easier to grasp only the buying and selling points.