How much does Precious Metals exposure cost and how is it calculated?
The commodity price you see in the app depends on whether you're buying or selling. We will either show you the buy rate (ask) or the sell rate (bid).
The difference between these rates is due to the ask rate being the highest price that a buyer is willing to pay, and the bid rate being the lowest price that a seller is willing to accept. This difference is called the 'spread'.
We apply a fee when you buy or sell commodities:
- For Standard customers, our fee is 1.5%
- For Premium and Metal customers, it's 0.50%