Thinking of trading XPT/USD?
- 1. A number of economies favor the consumption of platinum for the purpose of making jewelry. Given the increased popularity of white metal jewelry in the US and also emerging markets, it is also seen as a good investment market. 2. Given the great amount of uses for platinum and its comparative rarity to gold, the platinum market tends to trade at a higher price than gold. Due to its value as a scarce precious metal, the price movements in platinum can be strong. Like gold, it is felt that it is a market which could sustain a bullish trend even though the market direction is bearish.
Trading CFDs involves significant risk of loss
How would you like to trade XPT/USD?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade XPT/USD with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. There is considerably less platinum available in the market than gold (Only 200 million ounces of platinum reside above ground compared to 5 billion ounces of gold), which is an important factor to have in mind when considering supply as a deciding factor on the metal's price. 2. Platinum's global supply is an important factor to have in mind, South Africa accounts for such a large percentage (more than 90%) of it that it's impossible to deny the impact this country has on prices.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'