Article created: 26.06․2024
Gold (XAU) trading opportunities at Exness
Exness broker provides a variety of assets that can allow trading on an online trading platform. The choice of many traders is given to precious metals, including gold. Gold trading on Exness has a number of advantages and disadvantages.
Advantages of Exness for traders who decide to trade gold
Advantages of Exness for traders who decide to trade gold
Disadvantages and limitations of Exness for gold trading:
Disadvantages and limitations of Exness for gold trading:
Like many other major brokers, Exness has its advantages and disadvantages for gold trading
Exness platforms for gold trading
Exness offers various gold trading platforms including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
In order to choose a platform that will perfectly match your preferences for gold trading you need to evaluate your preferences and experience. The MT4 platform is standardly recommended for traders who are just starting their trading journey. This platform is more intuitive and easy to get started. In turn, MT5 is considered a more advanced platform and it is popular with traders who are experienced and want more advanced features
In order to choose a platform that will perfectly match your preferences for gold trading you need to evaluate your preferences and experience. The MT4 platform is standardly recommended for traders who are just starting their trading journey. This platform is more intuitive and easy to get started. In turn, MT5 is considered a more advanced platform and it is popular with traders who are experienced and want more advanced features
Exness applications for gold trading
Exness broker has the ability for its traders to trade using apps.
Applications for PC and laptop:
◉ MetaTrader 5 (MT5) for PC
◉ MetaTrader 4 (MT4) for PC
◉ Exness application for PC
Applications for PC and laptop:
◉ MetaTrader 5 (MT5) for PC
◉ MetaTrader 4 (MT4) for PC
◉ Exness application for PC
There are also applications for mobile devices:
◉ MetaTrader 5 for mobile (MT5)
◉ MetaTrader 4 for mobile (MT4)
◉ Exness GO for mobile
You can use web versions of the platform.
◉ MetaTrader 5 for mobile (MT5)
◉ MetaTrader 4 for mobile (MT4)
◉ Exness GO for mobile
You can use web versions of the platform.
Instructions on how to start working on the Exness platform
To start trading Exness gold, you need to create an account on the platform (you can read the registration guide). If you are comfortable with the desktop version of the application - you can download the Exness application for PC, or download the MT4 application for PC or download the MT5 application for PC.
After you have opened an account and funded your deposit - you need to open the trading platform and choose the pair you are most comfortable with.
After you have opened an account and funded your deposit - you need to open the trading platform and choose the pair you are most comfortable with.
In Exness there are such types of pairs with XAU (gold):
◉ XAU/AUD (Gold/Australian dollar)
◉ XAU/EUR (Gold/Euro)
◉ XAU/GBP (Gold/GBP
◉ XAU/USD (Gold/US Dollar)
◉ BTC/XAU (bitcoin/gold)
◉ XAU/AUD (Gold/Australian dollar)
◉ XAU/EUR (Gold/Euro)
◉ XAU/GBP (Gold/GBP
◉ XAU/USD (Gold/US Dollar)
◉ BTC/XAU (bitcoin/gold)
Gold trading rules in Exness
Gold trading hours at Exness
Gold trading hours at Exness
Gold trading on trading platforms is available every day on weekdays (Monday through Friday). Gold trading is not available on weekends (Saturday and Sunday). If you logged in to the platform and gold trading is unavailable - most likely it is due to a weekend or holiday.
Gold/Bitcoin asset trading may be available without weekends. Since bitcoin is a cryptocurrency and the crypto market operates without breaks and weekends.
Gold trading volume at Exness
Gold trading volume at Exness
Gold trading on the Exness platform is measured in lots. The standard lot size is 100 ounces of gold. To calculate the trading volume, multiply the number of lots by the current gold price. Gold (XAU): 100 troy ounces
Strategies for trading gold
Gold trading can be profitable if you apply the right strategies. One such strategy is day trading. This is when you open and close positions within one day to capitalize on short-term price changes. This method requires constant monitoring of the market and quick reactions.
Another approach is trend trading. Here you follow the main direction of price movement to maximize profits. You use technical analysis to identify long-term and short-term trends and open positions in that direction.
Another approach is trend trading. Here you follow the main direction of price movement to maximize profits. You use technical analysis to identify long-term and short-term trends and open positions in that direction.
Advantages of trading gold with Exness
Trading gold with Exness has many advantages. First of all, Exness offers favorable conditions for trading. This includes low spreads and no hidden commissions. You can be sure that your trades will be transparent and fair.
In addition, Exness provides excellent trader support. You will always have access to help and advice if you need it. This is important for newbies who are just starting to trade and may encounter questions or problems.
Many successful traders share their stories and strategies on the Exness platform. This can be very helpful for beginner traders. Learning from other people's experiences helps you understand how they achieved success and what methods they use. This can give you ideas to improve your trading skills.
Exness is a great choice for gold trading because of its favorable terms and good support. Read the stories of successful traders and learn from them to improve your trading results.
In addition, Exness provides excellent trader support. You will always have access to help and advice if you need it. This is important for newbies who are just starting to trade and may encounter questions or problems.
Many successful traders share their stories and strategies on the Exness platform. This can be very helpful for beginner traders. Learning from other people's experiences helps you understand how they achieved success and what methods they use. This can give you ideas to improve your trading skills.
Exness is a great choice for gold trading because of its favorable terms and good support. Read the stories of successful traders and learn from them to improve your trading results.
Frequently asked questions about gold trading at Exness
How to start trading gold?
Register on the Exness platform, open an account, fund it. Choose the pair that attracts you the most and start trading.How does gold trading work?
You buy gold at a low price and sell it at a higher price, using market analysis to predict prices.Which platforms support gold trading?
Exness supports MT4 and MT5 for gold trading. There is also a web version of the Exness platform - which is more user-friendly and easy for beginners.What is a lot in gold trading?
A lot is a standard unit of trading volume. One standard lot is equal to 100 ounces of gold.