Online Gold CFDs and Gold CFD Meaning - How to Trade Gold Online with MT4 and MT5 Platform Software
Online Gold are traded as CFDs - Contracts for Difference
Traders use CFD derivatives financial instruments to trade the underlying price of Gold
Contracts for Difference or CFD means that in online Gold traders buy contracts or sell contracts for an amount of Gold. The amount of Gold is known as 1 lot or 1 Contract.
When traders buy CFDs on Gold assets - it means that the traders do not actually own the stock as there is no physical transfer of the Gold from the seller to the buyer.
The traders instead buy or sell contracts in the Online CFDs trading market and make profits based on the underlying stocks price movement.
CFDs on Gold are used to trade prices of fast moving Gold in the online global financial markets.
Can You Trade Gold with MetaTrader? - Can You Trade Gold CFDs with MetaTrader?
The Gold CFDs are Provided for trading by online brokers as Gold CFDs Quotes in MetaTrader 4 & MetaTrader 5 softwares. Online traders can open these Gold CFDs symbols on the MT4 and MT5 software and then open the Gold CFDs charts & place orders in the online Gold CFDs trading market from their MT4 or MT5 software charts.
To open a Gold CFDs trade on the MT4 or MT5 software you as a trader can open the Gold CFDs symbol, then open the Gold CFDs chart on the MetaTrader 4 or MT5 software and then place an order to buy/sell the CFD from the Gold CFDs Charts.
You can also use the MT4 and MT5 "Order Window" From the MT4 'Tools' Menu or MT5 'Tools' Menu and after selecting the new order specify the symbol to trade as Gold CFDs symbol that you want to open a trade for and then select the buy button to open a buy trade or sell button to open a sell trade transaction.
How to Add New Gold CFDs Order in the Tools Menu on MetaTrader 4 & MT5
A new order to buy/sell Gold CFDs can be found on the MetaTrader 4 tools menu & MetaTrader 5 tools menu within the MT4 Gold CFDs Trade Platform & MetaTrader 5 Gold CFDs Platform. The button for placing a new Gold CFDs trade is portrayed below. ( Short Cut Keys 'F9')
How Do I Set New Gold CFDs Order in the Tools Menu on MetaTrader 4 & MT5 Gold CFDs Platform
Setting a New Order - Gold CFDs Trade on MT4 and MT5 Platform
As a Gold CFDs trader, once you choose the new trade order button as is displayed above the following pop up window will appear. This pop up includes settings for placing a new Gold CFDs trade.
Setting a New Order - Gold CFDs Trading on MT4 and MT5 Software Platform - Gold CFDs Trade on MT4 and MT5 Platform Software
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