Silver Position Size Calculator
Here’s a comprehensive table summarizing all you need to know about silver position sizes:
| Aspect | Details |
|---|---|
| Symbol | Ag (XAGUSD for trading) |
| Standard Lot Size | 1 full lot = 5000 ounces |
| Mini Lot Size | 1 mini lot = 500 ounces |
| Micro Lot Size | 1 micro lot = 50 ounces |
| Margin Percentage | 1% of total price (may vary by broker) |
| Pip Size | 0.01 |
| Profit/Loss Calculation | $50 per 0.01 movement (standard lot) |
| Minimum Contract Size | 0.01 lot (varies by broker) |
| Contract Size Increment | 0.01 lot |
| Minimum Price Increment | 0.001 |
| Average Spread | 1.2 pips (varies by broker) |
| Spread Cost per Lot | $60.00 (varies by broker) |
| Swap Rates | Short: -0.0109 pips, Long: -0.2713 pips (varies) |
| Trading Hours | Typically 01:05 – 23:55 (may vary) |
| Term Currency | USD |
| 3-Day Swap | Wednesday |
Profit/Loss Examples
For Standard Lot (1.00 or 5000 oz):
- 0.01 price movement = $50 profit/loss
- 0.10 price movement = $500 profit/loss
For Mini Lot (0.10 or 500 oz):
- 0.01 price movement = $5 profit/loss
- 0.10 price movement = $50 profit/loss
For Micro Lot (0.01 or 50 oz):
- 0.01 price movement = $0.50 profit/loss
- 0.10 price movement = $5 profit/loss
Margin Calculation Example
If silver is trading at $25.00 per ounce:
- Standard Lot Margin: 25.00 * 5000 * 0.01 = $1,250
- Mini Lot Margin: 25.00 * 500 * 0.01 = $125
- Micro Lot Margin: 25.00 * 50 * 0.01 = $12.50
This table provides a comprehensive overview of silver position sizes, including lot sizes, profit/loss calculations, and margin requirements. Always check with your specific broker for the most up-to-date and accurate information, as some details may vary.