Trading rules made clear, enter the market with greater confidence
Covers three major trading products: Spot Gold (USD), Spot Silver (USD) and RMB Kilo Gold. Understand contract size, margin, trading hours, swap and risk-control mechanisms all on one page.
Overview of Trading Rules for the Three Main Products
Standardised parameters displayed on one page to help users quickly understand trading thresholds, execution methods and risk-control rules.
| Spot Gold (USD) | Spot Silver (USD) | RMB Kilo Gold | |
| Trade Code | XAUUSD | XAGUSD | RKGCNH |
| Contract Size(per lot) | 100oz | 5,000oz | 1,000g |
| Average Spread/Bid-Ask Spread(floating) | 0.40 | 0.040 | 0.4 |
| Value per Point | 1USD | 5USD | 100CNH |
| Base Margin Ratio | 0.005 | 0.02 | 0.005 |
| Account Currency | USD | ||
| Execution Method | STP Execution (Market Execution) | ||
| Trading System | MT5（MetaTrader 5） | ||
| Minimum Trade Size | 0.1lot | ||
| Maximum Trade Size | 10lot | ||
| Position Type | Intraday / Overnight | ||
| Order Types | Market, Limit, Take Profit, Stop Loss, Trailing Stop | ||
| Order Validity | GTW (Good Till Week) | ||
| Pending Order Distance | Must be at least 200 points away from the market price | ||
| Special Notes for Pending Orders | Order distance limits may be adjusted before major data releases | ||
| Scalping Restriction | Positions opened and closed within 5 minutes are not accepted | ||
| Trading Hours(Summer Time, Hong Kong Time) | Mon 07:01 – Sat 04:00 | ||
| Trading Hours(Winter Time, Hong Kong Time) | Mon 07:01 – Sat 05:00 | ||
| Daily System Settlement(Summer Time) | 05:00 – 06:00 | ||
| Daily System Settlement(Winter Time) | 06:00 – 07:00 | ||
- Pending orders, take profit, stop loss and trailing stop must be placed at least 200 points away from the market price. The platform may adjust this temporarily according to market conditions before major data releases;
- When market volatility is high, the actual execution price may differ from the set price;
- During system settlement, quotations, pending orders, positions and execution may be affected in stages. Please manage your risk in advance.
Margin and Risk-Control Mechanism
Standardised margin rules combined with dynamic risk control help accounts maintain clearer risk boundaries in volatile markets.
Base Margin Requirement
- Spot Gold / RMB Kilo Gold: 0.5%; Spot Silver: 2%;
- Margin requirements vary by product. As silver is more volatile, its base margin ratio is correspondingly higher.
Usable Margin and Forced Liquidation
- When the account margin level falls below the platform’s specified ratio, the system will enforce forced liquidation under the rules, starting with the largest-loss positions until the margin ratio returns above the required level.
Margin Adjustments During Key Periods
- During major economic releases (e.g. US NFP and Fed rate decisions), ahead of US public holidays and on weekends, the minimum margin requirement will be raised to 200% of the base margin.
Special Note on Volatile Markets
- When price volatility intensifies, the platform will prioritise the safety of account funds and may trigger risk controls early, adjust margin ratios or automatically liquidate positions according to system rules.
Special Margin and Liquidation Rules Table
| Scenario | Execution Time | Margin Requirement | Recovery Time |
| US Non-Farm Payrolls | 1.5 hours before the data release | 200% (double) of the base margin | After the market returns to normal |
| US FOMC Rate Decision | 1.5 hours before the data release | 200% (double) of the base margin | After the market returns to normal |
| US Public Holiday (subject to market close time) | 03:00 a.m. / 1.5 hours before market close | 200% (double) of the base margin | 1.5 hours after the next trading day opens |
| Weekend | 1.5 hours before market close | 200% (double) of the base margin | 1.5 hours after the market opens next Monday |
- Important: Before major news events, weekends and public holidays, the platform may also adjust usable margin requirements. If the market becomes highly volatile, the actual stop-out trigger may occur below user expectations. Please manage your positions prudently.
Overnight Interest (Swap) Explanation
When a position remains open across the settlement period, the platform will charge or pay overnight interest according to the rules. Calculation methods vary slightly by product.
Spot Gold (USD) / Spot Silver (USD)
Formula
（Closing Price × Contract Size Position Size (Lots) × Interest Rate）÷ 360 × Holding Days
RMB Kilo Gold
Formula
（Closing Price × Contract Size Position Size (Lots) × Interest Rate）÷ 360 ÷ USD Exchange Rate × Holding Days
- After market close on Mondays, Tuesdays, Thursdays and Fridays, one day of overnight interest will be charged or paid;
- After market close on Wednesdays, three days of overnight interest will be charged or paid (including Saturday and Sunday);
- Interest rates will be adjusted dynamically according to market conditions and liquidity providers.
Swap Calculation Example:Spot Gold (USD)
Assume a client holds 1 lot of Spot Gold (USD) overnight at USD 2,000 per ounce, with an applicable annual rate of -2% for 1 day.
Swap =（Closing Price × Contract Size Position Size (Lots) × Interest Rate）÷ 360 × Holding Days
2,000 × 100 ×（-2%）× 1 ÷ 360 = -11.11 美元
Swap payable by the client: USD 11.11
* Note: Actual swap is subject to the platform's settlement result.
Trading Examples
Profit and loss examples for different products help you understand more intuitively how price movements affect trading outcomes.
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How is profit in Spot Gold (USD) calculated?
Assume the client buys 1 lot of Spot Gold (XAUUSD) at USD 2,580.0 per ounce and later closes the position by selling at USD 2,585.0 per ounce.
Formula
Trading P/L =（Sell Price − Buy Price）× Contract Size × Contract Quantity
Calculation Process
（2,585.0 − 2,580.0）× 100 × 1 = 500 USD
Result
Profit from this trade: USD 500
* Note: Excludes overnight interest and other fees.
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How is profit in Spot Silver (USD) calculated?
Assume the client buys 1 lot of Spot Silver (XAGUSD) at USD 31.20 per ounce and later closes the position by selling at USD 31.00 per ounce.
Formula
Trading P/L =（Sell Price − Buy Price）× Contract Size × Contract Quantity
Calculation Process
（31.00 − 31.20）× 5,000 × 1 = -1,000 USD
Result
Loss on this trade: USD 1,000
* Note: Excludes overnight interest and other fees.
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How is profit in RMB Kilo Gold calculated?
Assume the client buys 1 lot of RMB Kilo Gold (RKGCNH) at CNH 560.0 per gram and later closes the position by selling at CNH 561.5 per gram.
Formula
Trading P/L =（Sell Price − Buy Price）× Contract Size × Contract Quantity
Calculation Process
（561.5 − 560.0）× 1,000 × 1 = 1,500 CNH
Result
Profit from this trade: USD 1,500
* Note: Excludes overnight interest and other fees.
Rule Notes and Risk Warning
- When market volatility is high, execution prices may differ from set prices. Pending orders, stop loss, take profit and trailing stop orders may not be executed at the prices expected by the user;
- Before major data releases, weekends and public holidays, the platform may adjust margin ratios, pending order distances and related risk-control parameters;
- The trading system will prioritise the safety of account funds and may automatically liquidate positions or adjust margin requirements according to platform rules;
- The content on this page is a summary of trading rules. For actual execution, please refer to the MT5 platform display and the latest platform rules.
Safe, Reliable and Easy to Start, a Professional Precious Metals Trading Platform
Profit and loss examples across different products help you understand more intuitively how price movements affect trading outcomes.
HKGX Compliance Framework
Operating under the HKGX compliance framework, with clear and verifiable trading processes, fund management and record retention.
STP Execution
Orders are sent directly to market for execution, with prices driven by liquidity, helping improve transparency and execution efficiency.
Verifiable Funds and Trades
Client funds are strictly segregated from operating funds, and every trade carries a unique trade code, ensuring full traceability of funds and trades.
Cross-Platform Trading
Supports JZ Pro, JZ Web Trade and MT5, with synchronised multi-terminal collaboration to meet trading needs in different scenarios.
Choose JZ Gold and Trade with Greater Confidence
From account opening and deposits to execution and risk control, enter the market with more transparent rules and clearer costs.
