Metals
Trade XAGZAR: Silver / South African Rand
Trade Silver / South African Rand CFDs long or short with leverage up to 1:2000 from 0.01 lots, on a web platform for desktop and mobile.
XAGZAR contract specifications
Everything to know before your first trade.
- Symbol
- XAGZAR
- Market
- Metals
- Contract size (1 lot)
- 5,000 troy ounces
- Maximum leverage
- 1:2000
- Minimum trade (lots)
- 0.01
- Maximum trade (lots)
- 50
- Volume step
- 0.01
- Price step
- 0.01
- Spread
- Floating
- Swap (long / short)
- 0.00 / 0.00
- Trading hours
- Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
Trading XAGZAR by account type
| Account | Max leverage | First deposit | Average spread | Margin call | Stop-out |
|---|---|---|---|---|---|
| Standard | 1:2000 | 10 USD | Floating | 60% | 50% |
| Swap-Free | 1:2000 | 250 USD | Floating | 60% | 50% |
| Pro | 1:2000 | 1,000 USD | Floating | 50% | 30% |
| Elite | 1:2000 | 5,000 USD | Floating | 50% | 30% |
How much is a XAGZAR price move worth?
On XAGZAR, a price move of 1 is worth 5,000 ZAR per lot (5,000 troy ounces).
Margin to open a trade = contract size × price × lots ÷ leverage. Higher leverage means less margin and more risk.
XAGZAR trading questions
What is the contract size of XAGZAR?
One lot of XAGZAR equals 5,000 troy ounces. The minimum trade is 0.01 lots and the maximum 50 lots.
What is the maximum leverage on XAGZAR?
Up to 1:2000, and you choose the leverage of each account yourself inside the platform.
When can I trade XAGZAR?
Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter).
Can I try XAGZAR before depositing?
Yes, open a free demo account with 10,000 USD and practise on XAGZAR before you deposit.
Start with a demo or a live account
The demo account runs on the same platform with virtual funds, and you can open a live account when you are ready.