1. Trading mechanism Futures: there is a delivery date, and delivery must be made at maturity, otherwise the position will be forced to be closed or delivered in kind. At the same time, the position will be forced to be closed when the margin is insufficient.
: No delivery limit, unlimited holding, but insufficient margin will be forced to close the position.
2. Trading capital futures gold: with 10% of the capital can do 100% trading, capital magnification 10 times.
Spot GOLD: ACCORDING TO THE DIFFERENT MAGNIFICATION OF EACH GOLD COMPANY ALSO HAS DISTINCTION, BUT MOST CAN USE 1% CAPITAL OPERATION TO 100% GOLD, 100 times MAGNification proportion, multiple is calculated by hand.
Example: 1 standard hand =100 oz, some platforms can do 0.1 hand, etc., but spot gold is not regular enough globally.
3. Trading hours Futures Gold: Trading hours are 9:00-11:30 a.m. and 1:30-3:00 p.m.
As a result of trading time is short and not in line with, jump short phenomenon is frequent, investors can not enter in the early market for the first time.
Spot GOLD: BECAUSE OF THE TIME DIFFERENCE, THE CURRENT DOMESTIC IS Monday MORNING 8 o ‘CLOCK TO Saturday MORNING 3 O ‘CLOCK can be traded, THAT is, all day trading.
It CAN BE ENTERED AT ANY POINT IN THE MARKET AND HAS AN ADVANTAGE OVER FUTURES IN TERMS OF PRICE CONTINUITY, WITH THE MOST ACTIVELY TRADED PERIODS BETWEEN 8.00 AND 24.00.
4. Limit the rise of gold futures: according to the variety of futures different daily limit 3%-15%.
Spot gold: no limit to increase.
5. Account threshold gold futures: start no less than 30,000.
Spot GOLD: GENERAL PLATFORM STANDARD WAREHOUSE OPEN AN ACCOUNT FOR 5000 US DOLLARS, equivalent to ABOUT 3W MORE THAN RMB, and SOME platforms can open mini warehouse, generally for 1000 US DOLLARS or so.