Home » Education » Gulf Brokers Shares Vital Information About Metals Trading

Metals have historically been an investor’s favorite. The market for metals is highly liquid and is often influenced by a variety of factors, including political and economic events.

Dubai, UAE, March 29, 2023, Trading in precious metals like Gold, Silver, and Platinum have always been a favorite item for traders. Besides the huge upside potential, metals trading is not for amateurs. Being connected to a certified broker is critical.

Traders can rest assured that GULF BROKERS DMCC is registered, licensed, regulated, and an authorized broker based in Dubai, United Arab Emirates (“UAE”). They are a distinguished member of the Dubai Gold and Commodities Exchange (“DGCX”) and provide a wide range of trading instruments including metals, currencies, hydrocarbons, and equities via the MetaTrader 5 online trading system.

During times of uncertainty, precious metals have been proven to be the safer alternative for investors as they are more resilient to the effects of economic pressures and downturns. Both gold and silver can offer interesting trading opportunities depending on the choice of the pair. A precious metals futures contract is a binding agreement for delivery of gold or silver in the future at an agreed-upon price. The contracts are standardized by a futures exchange as to quantity, quality, time, and place of delivery. Only the price is variable.

Gold Futures is a hedging tool for commercial producers and users of gold. In addition we offer ongoing trading opportunities since gold prices respond quickly to political and economic events. It serves as an alternative to investing in gold bullion, coins etc.

Gold Futures contract was the first contract launched on DGCX platform in 2005 and has traded more than 5.4 million lots since then. DGCX offers to trade these 6 futures contracts with exceptionally low Initial Margin Requirements and cleared within Dubai Commodity Clearing Corporation (DCCC).

Following a strategic partnership with Cinnober, DGCX activated its trading platform, the EOS Trader Platform in March 2013. Greater efficiency and liquidity facilitated by the new platform will support the launch of new DGCX products.

The new platform also gives Members the option of providing different kinds of collateral, in addition to cash and bank guarantees, including government bonds and Dubai Gold Receipts. The platform also facilitates new revenue opportunities by allowing DGCX to extend clearing house facilities to other exchanges and institutions.

Some Features & Benefits of Trading on DGCX:

  • Guaranteed settlement and reduced counterparty risk provided by Dubai Commodities Clearing Corporation (DCCC), a subsidiary 100% owned by DGCX.
  • A simple fee structure – one fee for all participants. All participants also pay the same margin, whether commercial or non-commercial entities.
  • An opening to both regional and international liquidity pools.
  • Robust risk management and surveillance systems.
  • Uninterrupted trading hours from 7:00am – 11:30pm (GMT +4).
  • Regulated by the Securities & Commodities Authority (SCA).

The UAE enjoys an ideal location between the time zones of Europe and the Far East and DGCX offers a range of products from the precious metal, base metal, energy, and currency sectors.

For complete information, visit:  https://www.gulfbrokers.ae/en

Media Contact:

Gulf Brokers
Attn: Media Relations
Dubai, UAE
+971 42 42 4120