A Viewer Asked:
I was just wondering if there is a platform for trading precious metals? Something similar to a FOREX platform.
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Depends in part on what you mean when you say trading precious metals. If you are referring to buying futures contracts, yes, most brokers allow you to buy precious metals – however, these contracts are usually cash settled for convenience, so you don’t receive possession of metal when they expire.
If you wish to take physical delivery, you need to trade something like the NYSE Liffe precious metal contracts – just be forewarned that even the mini contracts are still rather sizeable – for example gold is a 33 oz bar, so will set you back over $34,000 today. Most brokers will still try to cash settle, then next to deliver a certificate, and have to be instructed to give you physical delivery, which they don’t really want to do.
You will be able to get ‘wholesale’ price in effect, as the futures contract allows you to cut out the middlemen like bullion dealers, etc..
Yes, you can use Marketiva.. There you can trade on Forex, Indexes, Funds and Commodities (precious metals, gold, platinum, silver etc)
Marketiva is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours for your questions, doubts etc.
They also have chat channels where you can talk, exchange opinions and ideas with traders of your country or international traders.
To open your account please visit http://www.marketiva.com/index.ncre?gid=3371
Well for that you should see
http://biznuss.net/
keep using answers.yahoo.com
The most important step is to find the right forex broker. I have reviewed some of the best forex brokers at http://www.forexlane.com/brokers.html