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أغسطس 7, 2012

Online Gold & Silver Trading Service Kuwait

With today’s global economic scenario and non-correlation to other commodities but high-correlation to different national currencies, gold is considered more as a currency than a commodity. And that is why now gold is traded often like forex currency pairs on online trading platforms of forex trading brokers. That’s why Kuwait and many middle-east forex brokers like OrientFinance offers traders the ability to perform spot trading of precious metals like gold and silver.

In online trading, gold and silver are traded just like forex currency pairs but always against US Dollar; the currency symbol for spot gold is XAU/USD and for silver is XAG/USD. The price of the pair is defined as the cost of one ounce of gold in USD. Just like most FX trades, these online precious metal trades are done Over-The-Counter (OTC) between the buyer and seller and are not part of any exchange or controlled by any exchange or country.

There are many advantages of online gold and silver trading over traditional forms of precious metal trading.
  1. There are no direct ownership of the precious metal (non-delivery trading) so no costs involved for physical purchase & storage.
  2. Traders can trade anytime during weekdays.
  3. Day trading of gold and silver price changes is possible. And traders can go long or short any time.
  4. Traders can make use of real-time quotes, advanced charting and a range of fundamental and technical analysis tools loaded on their forex trading platform.
  5. With its global nature and high transaction volume the forex market offers very high liquidity for trading gold and silver.
  6. And last but not least the very high 100:1 leverage enable traders to trade gold worth a million by just investing a thousand.

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أكتوبر 15, 2011

Short Term Money Trading Dubai

One of the biggest traded markets in the World, (FOREX) is considered as the most liquid financial market with the daily volume of more than US $ 1 trillion. The system is working by way of buying and selling world currencies taking the profit from the exchange.
The term ‘Short’ refers to a contract made for a short period of time, usually one year. This can be buying or selling of stocks, options, futures or Forex.  Online trading short terms contracts are three types -Day Trading, Swing Trading and Position Trading.

Day Trading Contract:
  • A very active type of trading
  • As the trading is done in the same day, the traders will not have any liability after the market closes.
  • The trading is finished in seconds or minutes for very small capital gain per contract or share.
Scalpers and Momentum traders are two of its styles. The first style includes the trading of large amount of shares within seconds for very small capital gain. The latter, which considers trends with that day, is slow compared to the Scalpers style.

Swing Trading Contract:
  • Similar to the day trading,
  • The contract may last for up to 4 days.
  • It seems to be uncertain as the traders like to take overnight risks by holding the stocks.
Position Trading Contract:
  • Market trend has a major role
  • The time to complete one trade may goes up to days, weeks or months.
  • However it has higher risk, these traders have higher gain percentage.
This information provided by Orient Financial Brokers (OFB), licensed and regulated by Central Bank of the UAE, to conduct brokerage in Foreign Exchange, Commodities and Money Markets In Dubai. OFB offers a number of commodity futures contracts including all main oil, grain and metal contracts.