Silver trading
Start silver trading online with Dubai's No.1 CFD provider.1
Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.
Contact us: +971 (0) 4 5592108
Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.
Contact us: +971 (0) 4 5592108
Why trade silver with us?
Trade silver spot prices
Open a short-term position on silver using our exclusive undated market
Speculate on silver futures
Focus on long-term price trends with futures contracts
Trade with leverage
Get full market exposure for just a small initial deposit – known as margin
Get the best silver prices
Keep your silver trading costs low with spreads from just two points
Discover your route to silver markets
Deal on silver with our leveraged products, or buy silver shares and ETFs
Manage your silver risk
Protect your capital with guaranteed stops – they only incur a fee if triggered
Ways to trade silver with us
| Silver CFD trading | Silver stock trading | |
| Markets to trade | Spot prices, futures, options contracts, shares and ETFs | Shares and ETFs |
| Main benefits | Go long or short on silver prices. | Take ownership of shares in silver companies to gain voting rights and dividends if paid |
| Traded in | Contracts | Shares |
| Commission | Share CFDs are subject to commission. All other markets are charged via the spread | Variable commission. Invest in US shares from $02 or UK shares starting from $8 |
| Platforms | Web, mobile app and advanced platforms | Web and mobile app |
|
What is silver trading?
Speculate on the price of silver online via futures, spot prices, options, shares and ETFs.
Trade via CFDs, and you won’t have to worry about taking ownership or delivery of the precious metal.
How to trade silver online in the UAE?
- Open a trading account
- Find an opportunity
- Take your first position
- Monitor and close your trade
Silver live price
Trade silver on the UK’s best trading platform4
Demo accounts are only available for CFD trading.
Trade silver on the UK’s best trading platform4
Fast execution on a huge range of markets
Enjoy flexible access to 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app*
Feel secure with a trusted provider
With more than 45 years of experience, we’re proud to offer a truly market-leading service
*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
Demo accounts are only available for CFD trading.
Trade silver on the UK’s best trading platform4
Trade silver on the UK’s best trading platform4
Fast execution on a huge range of markets
Enjoy flexible access to 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app*
Feel secure with a trusted provider
With more than 45 years of experience, we’re proud to offer a truly market-leading service
*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
Silver costs and details
- Spreads for silver
- Margin for silver
The spread is our charge for executing your trade. It’s the difference between the buy and sell price, which we wrap around the underlying silver price.
| Spread for futures | Spread for undated markets | |
Spot silver (5000OZ) |
3 |
2 |
| Alternative silver markets | Spread |
| Daily silver options | 0.8-1.6 |
| Polymetal International stock | 0.253 |
| Fresnillo stock | 0.153 |
| Global X Silver Miners ETF | 0.153 |
The spread will vary depending on whether you trade futures or our undated contracts. Futures have a wider spread, but no overnight funding charges – so are more cost-effective for longer-term trades.
If you choose to trade silver stocks and ETFs via CFDs or invest with a stock trading account, you’ll be charged a commission instead of a spread.
CFDs are leveraged, which means you can gain full exposure for a small deposit known as margin. This isn’t an additional cost to you, but it can make a big difference to the affordability of your trade.
It’s important to remember that leverage will magnify both profits and losses.
| Market | Retail | Professional |
| Spot silver (5000OZ) | 5% | 1.80% |
| Polymetal International stock | 15% | 15% |
| Fresnillo stock | 10% | 9% |
| Global X Silver Miners ETF | 10% | 9% |
If you decide to trade silver options, the margin for 'buying' an option is the opening price (or premium) multiplied by the size of the trade. The margin for 'selling' an option is the same as the margin incurred when trading the underlying futures market.
Why is silver trading popular?
Silver trading is popular due to its association with global currencies – in fact, in over 14 languages the words for silver and money are the exactly the same.
Despite not being as rare or as valuable as gold, there are a few benefits that make silver an attractive market in its own right. For example:
- It has a lower cost of entry than other precious metals – an ounce of silver typically costs 40-80 times less than an ounce of gold
- It’s considered a ‘safe haven’ investment in times of economic uncertainty
- It has a wide variety of industrial applications – such as in building and medicine – which creates steady demand
- It’s relatively volatile for a precious metal, so there’s the potential for larger returns
Three top tips for trading silver
Outline your trading plan
Your trading plan will determine all of the decisions you make, such as:
- Whether to trade or invest in silver
- Which market to focus on
- How much capital you use per trade
- What risk management tools you use
- How much time you want to spend monitoring markets
You should always outline your trading plan before you start, so that you’ll be less inclined to make decisions emotionally or due to herd mentality.
Consider silver miners or silver ETFs
Trading silver’s underlying price is just one way of getting exposure to the market. You can also consider other means such as shares in silver companies or exchange-traded funds (ETFs).
Silver stocks are the companies involved at all stages of the silver supply chain – mining, extraction, refining, production and distribution. Stocks tend to be more liquid and less volatile than silver itself, which can be more appealing if you’re interested in longer-term growth. If you invested in stocks, you’d also get shareholders rights and dividends if they were paid.
Discover the top silver stocks in 2020
Silver ETFs are buckets of assets that give you exposure to the silver market. This can include the underlying precious metal itself, or a number of silver stocks. For example, the Global X Silver Miners ETF (SIL), invests in silver mining companies around the world.
Perform your own analysis
Technical and fundamental analysis are the cornerstones of any good trading strategy. The two methods will help you determine the best levels to open and close your positions at in order to maximise profits and minimise losses.
Learn more about technical and fundamental analysis
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Open your account
It's free to open an account, and there's no obligation to fund or trade.
Get the latest silver news
-
Brent crude oil, silver and wheat prices drop on Middle East de-escalation
2024-11-26T22:48:19+0000 -
Brent crude oil price stabilises while silver, wheat prices continue to slide
2024-11-14T22:08:43+0000 -
Brent crude oil price drops 5%, silver 13% from recent highs while wheat price stabilises
2024-11-12T21:25:13+0000 -
Brent crude oil price probes resistance, silver price levels out while wheat price is side-lined
2024-11-05T10:18:28+0000 -
Brent crude oil price remains bid while silver, US natural gas prices slip
2024-10-31T22:19:59+0000 -
Brent crude oil, natural gas prices stabilise while silver price resumes ascent
2024-10-29T21:17:53+0000 -
Silver price rebounds while Brent crude price makes gains and NY Cocoa prices fall back
2024-10-24T22:27:13+0100
Try these next
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Learn how to trade CFDs with IG, from opening an account to closing a position
* Best trading app as awarded at the ADVFN International Financial Awards 2020.
1 Based on revenue excluding FX (published financial statements, June 2020).
2 Should you place over 50 trades on US shares, in a given month, IG reserves the right to charge you $5 per trade.
3 Our spread for a particular share or ETF is calculated as a percentage of the current price – they are subject to variation, especially in volatile market conditions. Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Contact us
New client: 00971 (0) 4 559 2108 or sales.ae@ig.com
Clients: 00971 (0) 4 559 2104
11:00 Saturday - 01:00 Saturday
WhatsApp: Click here
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