SmartFX Launched New Gold Contracts For Bullion Traders
by
The expansion of new gold contracts as trading instruments reflects a growing demand from commodity traders.
SmartFX, the retail commodity brokerage, has recently announced that it has launched specific contracts to hedge physical gold positions for bullion traders.
While the majority of retail FX brokers provide the opportunity to trade spot gold to their clients, SmartFX started offering the possibility of diversification of gold trading portfolio.
“From now clients are able to choose between 1 Kg Bars 995, 1 Kg bars 9999, TT Bars (10 Tola Bars), 1 Ounce bars, 32 Oz bars to hedge gold positions quoted in different weight units against the United States Dollar (USD)”, Mrs. Asha Rathore, Executive Director of SmartFX, commented.
Apart from the new gold instruments, there are more than 73 other trading instruments available for trading for SmartFX’s clients.
"With new gold instruments on our Smart Account we are covering all our clients' needs. But there are no limits to improvement and it is an ongoing process, which is why we continue to polish our products and services for our beloved clients”, Mr. Arun Kumar, Managing Director of SmartFX, added.
SmartFX is proving to be a rapidly evolving commodity brokerage. The expansion of new gold contracts as trading instruments related to the market needs, as there is a growing demand from commodity traders.
The company is also famous for running its own Daily Technical Analysis on the most traded instruments and markets with its forecast on the price movements.
SmartFX is owned and operated by Smart Securities and Commodities Limited. Company is Regulated by Vanuatu Financial Services Commissions (VFSC) and Authorized to deal with securities with providing all kinds of financial services to their clients.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
SmartFX, the retail commodity brokerage, has recently announced that it has launched specific contracts to hedge physical gold positions for bullion traders.
While the majority of retail FX brokers provide the opportunity to trade spot gold to their clients, SmartFX started offering the possibility of diversification of gold trading portfolio.
“From now clients are able to choose between 1 Kg Bars 995, 1 Kg bars 9999, TT Bars (10 Tola Bars), 1 Ounce bars, 32 Oz bars to hedge gold positions quoted in different weight units against the United States Dollar (USD)”, Mrs. Asha Rathore, Executive Director of SmartFX, commented.
Apart from the new gold instruments, there are more than 73 other trading instruments available for trading for SmartFX’s clients.
"With new gold instruments on our Smart Account we are covering all our clients' needs. But there are no limits to improvement and it is an ongoing process, which is why we continue to polish our products and services for our beloved clients”, Mr. Arun Kumar, Managing Director of SmartFX, added.
SmartFX is proving to be a rapidly evolving commodity brokerage. The expansion of new gold contracts as trading instruments related to the market needs, as there is a growing demand from commodity traders.
The company is also famous for running its own Daily Technical Analysis on the most traded instruments and markets with its forecast on the price movements.
SmartFX is owned and operated by Smart Securities and Commodities Limited. Company is Regulated by Vanuatu Financial Services Commissions (VFSC) and Authorized to deal with securities with providing all kinds of financial services to their clients.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
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Don't miss out on this 5-second invite packed with energy and urgency!
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From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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