| Products | London Gold | London Silver |
| Contract Size (per lot) | 100 oz | 5,000 oz |
| Minimum Price Fluctuation | USD 0.01 | USD 0.001 |
| Position Limit | No limit | |
| Minimum Trade Size | 0.1 lot per trade | 0.01 lot per trade |
| Maximum Trade Size | 20 lots per trade | |
| Lot Increment | ≥ 0.1 lot | ≥ 0.01 lot |
| Spread | USD 0.50 | USD 0.05 |
| Trading Margin | Opening Margin: 2% of the contract value Opening Margin Calculation: London Gold: Entry Price × 100 oz × 2% London Silver: Entry Price × 5,000 oz × 2% Example: If London Gold price is USD 3,000, margin for 1 lot = USD 3,000 x 100oz x 2%=USD 6,000. | |
| Overnight / Holiday Margin Requirement： During holidays and weekends, the required margin must be equal to or greater than USD 6,000 per lot. If the market opens with a price gap exceeding the client’s specified price, all orders will be executed at the market opening price. | ||
| Fees | Hong Kong Gold Exchange Transaction Levy: - London Gold 100 oz contract: USD 4 per contract (round turn) - London Gold 10 oz contract: USD 2 per contract (round turn) Trading Commission: USD 50 per lot | |
| Overnight Interest (Swap) | Buy -2.75%, Sell 0.25% | |
| Trading Hours | Daylight Saving Time (DST): Monday 06:05:00 – Saturday 04:44:59 Standard Time: Monday 07:05:00 – Saturday 05:44:59 | |
| System maintenance and settlement (no trading): DST: Tuesday–Friday 05:00:00 – 06:04:59 Standard Time: Tuesday–Friday 06:00:00 – 07:04:59 | ||
| Market closed on international public holidays. | ||
| Pending Order Requirements | Normal market conditions: ≥ USD 6 away from current market price | Normal market conditions: ≥ USD 1 away from current market price |
| For pending orders, Sufficient margin and equity must be maintained. Take Profit and Stop Loss for existing positions are not subject to the above distance restrictions. | ||
| Execution price is market‑based and may differ from your limit price due to price fluctuations. | ||
| Forced Liquidation | All positions will be forcibly liquidated when account equity is less than or equal to 30% of the opening margin. | |
| During holidays and weekends, forced liquidation occurs when equity is below USD 6,000 per lot. | ||
| Hedging (Locked Positions) | Hedging refers to holding equal quantities of the same product in opposite directions within the same trading account. | |
| Hedged Margin | Only 25% of the total position margin is required due to reduced risk. Formula (London Gold): (Buy Price + Sell Price) × 100 × 2% × 25% Example: If you simultaneously buy 1 lot of London Gold at $1,600 and sell 1 lot at $1,650, the hedged margin required is $1,625. Calculation: ($1,600 + $1,650) × 100 × 2% × 25% = $1,625 | |
| Unhedging Requirement | Once a hedge is released, the remaining open position must maintain margin of at least 2% of the contract value. | |
*Important Notes：
1. Withdrawals
Withdrawals are generally free. Fees apply if: 1. Trading volume is less than 30% of the latest deposit (minimum 6% administrative fee). 2. Single withdrawal below USD 10 (USD 2 fee). 3. Mainland China clients withdrawing below RMB 1,000 (RMB 50 fee). 4.For USD/HKD withdrawals, the net amount after fees must be at least US$100.
2. Spread Adjustment
Standard spreads apply under normal conditions. Spreads may widen during periods of high volatility or important data releases. The Company reserves the right to adjust spreads at any time without prior notice.
3. Pending Order Validity
All pending orders are valid for the current trading week only. Unexecuted pending orders will be automatically cancelled before weekends or international holidays.
4. Forced Liquidation
Clients must monitor their account balance to ensure sufficient margin is maintained to meet the required margin levels. Should insufficient margin result in the inability to trade or trigger a forced liquidation, the client shall bear all associated risks arising therefrom, and the Company shall not be liable for any compensation or reimbursement.
5. Promotions
SinoSound reserves the right of interpretation with respect to any promotions offered to clients, and retains the sole discretion to determine whether a client is eligible for a promotion and the amount of the promotion to be granted.
6.Inactive Accounts
Accounts with no trading, deposit, or withdrawal activity for over three months will be charged a USD 5 monthly platform maintenance fee until the balance reaches zero.