Start CFD Gold Trading with Exness

CFD Gold Trading Platform Overview

Our company offers specialized CFD Gold trading services tailored for traders in the Philippines. Clients gain instant access to live gold price feeds via MetaTrader 4 and MetaTrader 5 applications. The minimum initial deposit is $10 USD, opening gold trading to retail investors easily.

CFD Gold contracts let traders speculate on gold price fluctuations without owning physical gold. Leverage up to 1:2000 is available depending on account type and regulatory compliance. Typical spreads for gold CFDs range between 0.3 and 0.5 pips during liquid market periods.

We provide continuous market availability from Sunday 23:05 to Friday 22:00 Philippine time. Access is possible through desktop, web, and mobile platforms. Verification for Philippine residents is usually completed within 24 hours.

Our infrastructure supports over 1,000 order executions per second with an average latency of 0.1 seconds. Multiple server locations ensure optimal connection quality for Philippine clients. All accounts include negative balance protection by default.

Trading options include market, limit, stop, and trailing stop orders. Stop loss and take profit can be configured directly on the trading charts. Islamic swap-free accounts are also available upon request.

Account Registration Process for Philippine Traders

To open an Exness trading account from the Philippines, visit exness.com and select the “Register” option. Choose the Philippines as your country and provide a valid email address. Create a strong password with at least 8 characters including uppercase letters, numbers, and symbols.

Verify your email by entering the 6-digit code sent within minutes. Then, verify your phone number using the SMS code sent to your Philippine mobile number in international format (+63). This number is used for account security notifications.

Email and Phone Verification Steps

Monitor your email inbox for the verification message. If missing, check spam folders or request a resend. Enter the code on the verification page. For phone verification, input your number and submit the received SMS code to complete the process.

Identity Document Requirements

Submit a clear photo of a valid Philippine government-issued ID such as passport, driver’s license, or unified multi-purpose ID. Upload recent proof of address, like a utility bill or bank statement issued within the last three months. The document name and address must match your registration details.

Verification uses OCR technology for quick processing, usually within 15 minutes. Complex cases may require up to 24 hours for manual review.

Trading Platform Installation and Setup

Download MetaTrader 4 or MetaTrader 5 from the Exness website’s platform section. Both support Windows, macOS, iOS, and Android devices. The installation files are about 15MB for MT4 and 25MB for MT5.

Run the installer with administrator rights on Windows, accept license terms, and choose your preferred installation folder. Installation includes all default trading indicators and tools needed for CFD Gold analysis.

Platform Configuration for Gold Trading

Open Market Watch and right-click to select “Show All” instruments. Locate and add “XAUUSD,” the symbol for our gold CFD.

Right-click the chart to adjust the timeframe. Recommended intervals for CFD Gold are H1 or H4 for swing trading. Set price alerts by right-clicking the gold price line and configuring notifications via email, SMS, or pop-ups.

Account Connection Settings

Enter your trading account number and password after registration. The platform auto-selects the server: “Exness-Real” for live accounts, “Exness-Demo” for demo accounts. Activate one-click trading via Tools > Options > Trade tab to enable rapid order execution with your preset lot size.

CFD Gold Contract Specifications

CFD Gold contracts reflect the spot price of gold quoted in USD per troy ounce. The minimum trade size is 0.01 lots (equivalent to 1 ounce). Maximum position sizes depend on account type, reaching up to 500 lots for institutional clients.

Trading hours run Sunday 23:05 to Friday 22:00 Philippine time with brief maintenance breaks. Weekend price gaps can occur due to market closures.

Spread and Commission Structure

Standard accounts feature floating spreads from 0.3 pips, which may widen during low liquidity or news events. Pro and Raw Spread accounts have lower spreads but charge $3.50 per lot per side in commissions, advantageous for high-volume traders.

Real-time spreads update every second in Market Watch. Historical spread data is accessible in the trading statistics section for detailed analysis.

Deposit Methods for Philippine Traders

We support multiple deposit options optimized for Philippine users. Bank transfers are accepted from BPI, BDO, and Metrobank with 1-3 business day processing. E-wallets such as GCash, PayMaya, and Coins.ph allow instant deposits.

Visa and Mastercard credit or debit cards process payments instantly but may incur a 1.5% fee depending on the bank. Peso and USD cards are both supported. Minimum deposit amounts start at $10 for most methods.

Deposit Processing Times and Limits

Electronic payments clear instantly during local business hours. Bank transfers may delay during holidays or weekends. Confirmation emails are sent upon successful deposits.

Currency conversions from PHP to USD apply automatically using interbank rates plus a 0.3% fee. Exact conversion amounts show before confirming transactions.

Gold Market Analysis Tools and Features

Our platform integrates advanced technical analysis tools calibrated for gold price tracking. The indicator library includes moving averages, RSI, MACD, Bollinger Bands, and over 50 other studies. Traders can also install custom MQL4 or MQL5 scripts.

Economic calendar integration updates users on relevant events such as US inflation data and Federal Reserve announcements. Impact ratings help prioritize focus during volatile periods.

Chart Analysis Capabilities

Multi-timeframe viewing allows simultaneous inspection of charts from one minute to monthly. Up to 100 charts can be open concurrently. Drawing tools include trendlines, Fibonacci retracements, and support/resistance levels, snapping automatically to price points for precision.

Alert configurations support complex conditions using logical operators with notifications via email, SMS, or platform pop-ups.

Fundamental Analysis Resources

Daily market commentary is published at 08:00 Philippine time covering supply-demand trends and central bank policies. Real-time news feeds filter gold-specific developments with links to original sources.

Correlation analysis presents gold’s relationship with USD index, crude oil, and main currencies. Percent correlations update hourly, with historical data up to 5 years.

Risk Management and Position Sizing

Risk control is essential for CFD Gold trading in the Philippines’ volatile environment. We advise limiting risk to 2% of account equity per trade. For example, a $1000 account should not risk over $20 per position.

Position size calculations consider gold’s pip value: 0.01 lot equals $0.01 per pip. A 0.1 lot position yields $0.10 per pip movement. Stop loss orders are mandatory and should be placed beyond recent swing levels with a 20-30 pip buffer.

Trailing stops help secure profits during trending movements. We recommend a maximum of 3 concurrent gold positions and a daily loss limit of 6% equity. Regular weekly and monthly reviews of risk metrics are encouraged.

Leverage Considerations for Gold CFDs

Leverage up to 1:2000 is available but increases margin call risks. Conservative traders may prefer 1:100 leverage for better risk control. Margin calls trigger when free margin falls below maintenance levels, especially during high volatility events.

Maintaining sufficient free margin protects positions from forced liquidation.

Advanced Trading Strategies for Philippine Markets

Scalping during the Asian session (09:00-12:00 Philippine time) targets 5-10 pip moves on M1 and M5 charts with 15-20 pip stops. Swing trading uses H4 and D1 timeframes to capture trends over 3-10 days, entering at support or resistance zones.

News trading exploits volatility around US inflation releases and Federal Reserve meetings. Preparation includes placing pending orders before key announcements.

Session-Based Trading Approaches

The London session (15:00-24:00 Philippine time) offers highest liquidity with trend development. ECB news often moves gold prices. The New York session overlap (21:00-02:00) provides peak volatility suitable for momentum strategies. Asian session (07:00-16:00) is more range-bound, favoring mean reversion techniques.

Technical Pattern Recognition

Gold often forms patterns such as triangles, flags, and head-and-shoulders. Triangle breakouts typically move by the pattern’s height. Flags indicate continuation after consolidation; trades enter on breakout with targets equal to the flagpole length.

Double tops/bottoms signal reversals and should be confirmed with volume and momentum indicators. Wait for neckline breaks before entering reversal trades.

Withdrawal Procedures and Processing Times

Withdrawals use the same payment methods as deposits when possible. Access the withdrawal section in your Personal Area to submit requests. Enter the amount and select your preferred payment channel.

E-wallet withdrawals process within 24 hours for verified Philippine accounts. Bank transfers require 3-5 business days depending on the bank. Withdrawals follow a FIFO policy, with priority for VIP clients. Two-factor authentication is mandatory.

Minimum withdrawal is $10 for most methods, $50 for bank transfers. Maximum daily limits reach $100,000 for fully verified clients.

Withdrawal Fees and Currency Conversion

Most withdrawals above minimum amounts are fee-free. Smaller withdrawals below $50 may incur a $5 fee. Bank wire transfers include correspondent charges of $15-30. Currency conversion to PHP uses competitive interbank rates plus a 0.3% spread.

Withdrawal requests cannot be cancelled once processing begins. Ensure payment details are accurate to avoid delays or returns.