Precious and industrial metals play an important role in financial markets. Their tangible nature makes them very different to most financial instruments. As a result, they are often used for hedging purposes as part of a risk management strategy. Gold and silver are the two most popular precious metals and their spot price can be traded against the United States Dollar (USD) or Australian Dollar (AUD) as a currency pair with maximum leverage.
Trading in metals is popular in the United Kingdom as the London Metal Exchange (LME) is the world centre for industrial metals trading. Unlike the exchange which is largely dominated by options and futures contracts, FP Markets allows you to trade metals against major currencies, similar to the way that currency pairs are traded in foreign exchange.
Choose from one of our many trading Account Types and start trading Metals or other instruments including Forex , Shares, Commodities, Indices and Cryptocurrencies today.