Platinum

Platinum Trading

Trade Platinum in the most ideal trading environment with ThinkForex, and experience lightning fast execution and no commissions or financing charges. ThinkForex offers Platinum CFD trading with leverage up to 100:1.

Platinum is a metal that is used in jewelry, electronics, and automobiles, and the price of Platinum tends to be very volatile. This volatility provides increased opportunities to trade in both buy and sell directions. Open a live account with ThinkForex and trade Platinum CFDs today!

  • Trade in any direction
  • Choose leverage up to 100:1
  • Low Finance Charges
  • Trade global metal demand
  • Trade side by side with Forex
  • Volatile pricing with increased opportunities

Margin Calculations

 
Margin Calculation (Price x Lot Size) / Leverage
Example: 1425.00 x 1.0 = $1425 / 100 = $14.25
Leverage is 100:1 in this example
Platinum moves in 0.10 increments with a increment value of $0.10 per contract. The P&L of a Platinum trade can be calculated by multiplying tick value, lot size, and market movement (Closing Price - Open Price x 10)
In this example, the position of 1 contract was closed at 1420.00 from a 1425.00 open. Market movement = (1425.00 - 1420.00) X 10 = 50 pips P&L Calculation 0.10 x 1 x 50= $5

CONTRACT SPECIFICATIONS

 
Contract Symbol PLATINUM
Contract Size 10 oz
Increment Size 0.10
Increment Value per contract $1.00
Trading Hours (GMT) 01:00 - 00:15