Plus500 is a leading brokerage firm with excellent trading experience. It has a transparent fee structure and funding process. Plus500 is a top choice for traders looking to buy or sell silver.
Online trading has advantages and disadvantages. This article discusses how to buy or sell silver on Plus500.
Options For Buying And Selling Silver
Buying and selling silver is a top choice for investors with a Plus500 account. This broker offers access to many assets, including silver. Investors are able to buy/sell silver CFDs. The leading feature of silver CFDs at Plus500 Is that you are allowed to leverage it.
Buying And Selling Silver
|Can you use leverage/go short?||Yes|
|What can be the important costs?||Spread Commission Swap (cost for holding a position overnight)|
|Ticker(s) of silver CFD||Ticker of the underlying asset, e.g. XAGUSD, SLV|
|Further things to consider||Silver spot forex CFD market is open 24 hours a day, except weekends|
A silver CFD is a financial contract that pays the differences in the established price between the opening and closing trades. It is a top choice for traders who prefer investing in forex and commodities products.
Silver CFDs are available at Plus500. It comes with significant fees, as trading silver CFDs is influenced by spread, commission and the fee for holding a position overnight. Read our in-depth reviews to learn more about assets and Plus500 services.
Plus500 is a top online broker which offers access to many assets. Investors are allowed to trade silver CFDs. Verify our in-depth reviews for additional information on assets, trading risks, and costs.
Plus500 compared to other brokers:
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
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