Silver trading
Start silver trading online with the SG’s No.1 CFD provider.1
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Why trade silver CFDs with us?
Trade silver CFDs spot prices
Open a short-term position on silver using our exclusive undated market
Speculate on silver CFDs futures
Focus on long-term price trends with futures contracts
Take your capital further
Get full market exposure for just a small initial deposit – known as margin
Get the best silver CFDs 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
Trade CFDs on the price of silver and silver-linked assets.
| Silver CFD trading | |
| Markets to trade | Spot prices, futures, options contracts, shares and ETFs |
| Main benefits | Go long or short on silver prices. |
| Traded in | Contracts |
| Commission | Share CFDs are subject to commission. All other markets are charged via the spread |
| Platforms | Web, mobile app and advanced platforms |
| Learn more |
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 SG?
- Open a silver trading account
- Find an opportunity
- Take your first position
- Monitor and close your trade
Silver live price
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 CFDs on 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.
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
Trade silver on the SG’s best trading platform2
Trade silver on the SG’s best trading platform2
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 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 45 years of experience, we’re proud to offer a truly market-leading service
Silver CFD 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 |
| 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, you’ll be charged a commission instead of a spread.
CFDs are both 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 |
| Spot silver (5000OZ) | 20% |
| Polymetal International stock | 20% |
| Fresnillo stock | 20% |
| Global X Silver Miners ETF | 20% |
If you decide to trade silver CFD options, the margin for 'buying' an option is the opening price (or premium) multiplied by the size of the bet. The margin for 'selling' an option is the same as the margin incurred when trading the underlying futures market.
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.
Start trading today
Create a commodities trading account now.
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
Get the latest silver news
-
Brent crude oil price bounces off support while silver, copper price drops stall
2025-03-11T21:51:34+0000 -
Brent crude oil price drops as silver price rallies and copper price range trades
2025-03-04T21:31:02+0000 -
Brent crude oil hovers above support, copper price digs into support while silver price consolidates
2025-02-25T22:11:26+0000 -
Brent crude oil, copper prices rise on supply concerns as silver price consolidates
2025-02-11T21:37:44+0000 -
Brent crude oil, silver prices under pressure while copper price probes resistance
2025-02-06T22:45:03+0000 -
Gold price and silver price look for gains, but Brent crude price heads lower
2025-02-04T22:17:54+0000
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1 Based on revenue (published financial statements, October 2022)
2 Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022. Awarded the best retail FX provider for Asia by FX Markets in 2021.
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
New clients
+65 6390 5133
accountopening@ig.com.sg
Existing clients
+65 6390 5118
helpdesk@ig.com.sg
Lines open 24 hours
Monday - Friday
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Disclaimers:
- All forms of investments carry risks and trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits, so please ensure that you fully understand, and are aware of, the risks and costs involved. Refer to the Risk Disclosure Statement and Risk Fact Sheet.
- IG Asia Pte Ltd (Co.Reg.No. 200510021K) is regulated by the Monetary Authority of Singapore and holds a capital markets services licence for dealing in capital markets products that are over-the-counter derivatives contracts and is an exempt financial adviser.
- IG provides an execution-only service. The information in this advertisement does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
- The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- This advertisement has not been reviewed by the Monetary Authority of Singapore.
