MEXEM FAQ Tags

spot

Trading

What is the contract size of spot gold and spot silver?

MEXEMSpot Gold (XAUUSD) and MEXEM Spot Silver (XAGUSD) are traded in units of 1 troy ounce fine gold and fine silver, respectively, and are quoted vs USD.Please Note: MEXEM Spot Gold and MEXEM Spot Silver trading is available to clients who are not legal residents of the U.S., Canada, Australia, Japan or Hong Kong.

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Trading

What is IdealPro?

MEXEM operates two settings under the Ideal Pro label, one providing spot Forex trading and currency conversions and other, spot metals trading (London gold and silver). See website for further details:ForexSpot metals

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Trading

What are the tickers for spot gold and spot silver?

Ticker symbols are XAUUSD for spot gold and XAGUSD for spot silver. Apply for Metals trading permissions in Client Portal/Account Management. MEXEM Spot Gold and Silver trading is unavailable for residents of the U.S., Canada, Australia, Japan, and Hong Kong.

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Products

How can I trade spot metals with MEXEM?

To request spot metals permissions, log in to Client Portal/Account Management. Navigate to Settings -> Account Settings. If you manage multiple accounts, select the relevant one. Click the gear icon next to "Trading Experience & Permissions", expand the "Metals" section, and check the box for "Global". Complete the Experience and Trading Knowledge section, then click CONTINUE. Review your financial information and investment objectives. Note: Spot metals trading is restricted for residents of the U.S., Canada, Australia, Japan, and Hong Kong. MEXEM offers futures contracts and options trading instead. Spot Platinum is currently unavailable.

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