Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Choose from 27 popular and niche metals, energies and softs
Trade Spot Gold from as little as 0.3 points
Leverage gives you large exposure from a small amount of capital*
Minimum size 0.50
Contract size USD 1
One Pip means 1 cents per tonne
Value of one Pip USD 1 (GBP 0.80)
Margin 10%
Minimum stop distance 240
Minimum guaranteed stop distance 8.0%
01:00 - 13:45 (UK - London Local Time)
14:30 - 19:20 (UK - London Local Time)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 40 Contracts - USD | 10% |
| 2 | 40 - 80 Contracts - USD | 10% |
| 3 | 80 - 120 Contracts - USD | 10% |
| 4 | 120 + Contracts - USD | 10% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
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.
Expiry date 30/12/24
Last dealing date and time 30/12/24 19:15
Settlement
Settles based on the official settlement price of the CBOT Soya Bean Meal future on the last dealing day +/- IG dealing spread.
Last rollover time 30/12/24 19:00
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.
* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
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1For CFDs, based on revenue excluding FX, published financial statements, October 2016; number of active UK financial spread betting accounts (Investment Trends UK Leveraged Trading Report October 2016); for forex based on number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report October 2016).
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