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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Your capital is at risk.

Regulator:

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CySEC

Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

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Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

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Trade [[data.name]]

Trade the most popular, headline-grabbing commodities with Skilling!

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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High: [[ data.high ]]

About

History

Differences between Investing vs Trading

About

History

Differences between Investing vs Trading

XPTUSD is a commodity pair representing the price of platinum expressed in the US Dollar. Like other precious metals like gold and silver, platinum is an investment commodity used as a portfolio hedge. The USD is the number one most traded currency in the world. Platinum has physical uses, too, primarily in the jewellery, industrial, and automotive sectors.

Platinum is traded on global commodities markets and is considered the most volatile precious metal. It is also more rare and durable than gold. Today, most of the world’s platinum production is mined in South Africa, followed by Russia. In China, 50% of the mined platinum goes into jewellery.

A range of external factors affects the platinum price, so investors need to monitor economic and financial news relating to the commodity.

Since the 2007/2008 financial crisis, the platinum price has trended lower due to growing interest in other metals. Regulations and negative news surrounding major platinum-producing countries like Russia, South Africa, and China also impact the XPTUSD share price.

As with any commodity, there are different ways traders and investors can get involved in the platinum market. Traders have the option to buy and sell platinum futures and use them as a hedging tool. Traders can also open a contract for difference (CFD) trading account to speculate on the platinum price.

Because the platinum and commodity market is volatile and heavily influenced by external factors, commodity CFD trading is advantageous because you can benefit from both falling prices and increasing prices. Other than commodities, you can also use CFD trading accounts to trade other instruments like shares, forex, and indices.

Investors can buy exchange-traded funds (ETFs) that specialise in platinum. These ETFs can either focus on investing in one single commodity held in physical storage or commodities futures contracts.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Trade [[data.name]] with Skilling

Take a view on the commodity sector! Diversify with a single position.

  • Trade 24/5
  • Tight spreads
  • Average Execution at 5ms
  • Easy to use platform
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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without the restrictions that come with owning the underlying asset.

CFD
Actual Commodities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage

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Trade on volatility

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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