Trading Guidelines (Precious Metals)

Order Instruction

1. Online Trading

Customers can use the 24-hour online trading platform (META TRADER) provided by our company to conduct transactions. When trading, customers only need to double-click the corresponding product in the quotation window on the platform and click buy or sell. At that time, a window will pop up on the screen, and the tradable price will be reported in real time. This price may be different from the price displayed in the quotation window as the quotation in the pop-up window is the latest quotation for international real transactions. When the market fluctuates, it may only be valid for a short period of time as we decide. In addition, your default transaction volume will be displayed, which can be modified if necessary. Otherwise, the transaction can be executed with just one click.

2. Call Trading

Customers can conduct transactions by telephone entrustment. The transaction process is as follows: the customer reports the account number and password to the company by phone and then inquiries about the price. Wait after the company quotes the price, customer must immediately decide whether to accept the quotation and express the transaction decision. (e.g: buy or sell, quantity, new order, or close order, etc.). The transaction will be completed after the company confirms the acceptance and resumption of the order. If there is any disagreement between the two parties during the call trading transaction, will subject to the telephone recording record. The number of contracts for each traded commodity is limited to 30 contracts. In case of drastic changes in market prices, the company reserves the right to adjust the transaction price difference at any time to reflect the increased market risk.

3. Limit Order

  • LLG/LLS
    1. Limit orders can be placed either via MT4 provided by the Company or phone call. All new open pending orders are Good Till Weekend (“G.T.W.”). The G.T.W. order remains in place before Friday closing or market holiday, unless the order is executed or cancelled by clients. However, the stop loss and take profit orders on the existing position are still valid until they are executed or cancelled by clients. Placing a limit order via MT4 can be done by choosing “pending order” type in the order window.
    2. Limit order instructions may not be executed according to the instructed price under certain market situations: 
      Case: If there is a drastic market movement, market price could fluctuate and result in a huge price gap, the limit order instructions will be executed based on the next available market price after the gap. 
      Clients will be responsible for all losses possibly incurred in the above situations.
    3. When clients trade using limit orders, the limit prices have to differ from the market price by a minimum number of ticks as described below. If the market price fluctuates drastically, Company reserves the right to increase the trading spread to accommodate the increased market risk.
  • LKG 
    1. Limit orders can be placed either via MT4 provided by the Company or phone call. All pending orders are Good Till Today (“G.T.T.”). The G.T.T. order remains in place within the trading day until the order is executed or cancelled by clients. Placing a limit order via MT4 can be done by choosing “pending order” type in the order window.
    2. Limit order instructions may not be executed according to the instructed price under certain market situations: 
      Case: If there is a drastic market movement, market price could fluctuate and result in a huge price gap, the limit order instructions will be executed based on the next available market price after the gap. 
      Clients will be responsible for all losses possibly incurred in the above situations.
    3. When clients trade using limit orders, the limit prices have to differ from the market price by a minimum number of ticks as described below. If the market price fluctuates drastically, the Company reserves the right to increase the trading spread to accommodate the increased market risk.