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Under a market-price execution model, floating spreads will adjust in real time according to market liquidity and price volatility. When liquidity is limited or market movements are highly volatile, the spread may widen accordingly, so the quoted open or close price may appear outside the displayed range at that moment. This is a normal market condition, and the actual execution price will always be a genuine market price.


When an open position is already held, a wider spread may temporarily reduce account equity. If the spread narrows again, equity will increase accordingly. This is also a normal market fluctuation.

In an NDD trading model, also known as a market-price execution model, floating spread is generally used at all times. The spread may widen automatically when market volatility is high or market liquidity is insufficient. In most cases, the spread remains around USD 0.2 for Spot Gold and USD 0.02 for Spot Silver, subject to the platform display at the time of trading.

Yes. The Upway Global app and the MT5 trading platform support this function. This feature is not available on MT4.

Yes. In accordance with bank regulatory requirements, deposits must be made using the same name as the one used for account opening.

Lock-in hedging is a hedging function. If a client holds both buy and sell positions on the same product at the same time, the market risk is relatively reduced regardless of price movements.


For matched lot sizes in opposite directions on the same product, only the larger margin from one side will be charged.

Hedging means that when an investor opens opposite-direction positions in the same product, the system will charge margin based only on the larger side after hedging.


For example, if opening 1 lot of Spot Gold requires USD 1,000 margin, and then opening an additional 1.2 lots of Spot Gold sell requires USD 1,200 margin, the system will charge USD 1,200 in margin because the hedged position is calculated based on the larger side.

The margin requirement is USD 1,000 per lot for Spot Gold and USD 650 per lot for Spot Silver.

Formula: Margin per lot × Number of lots = Total margin required

Summer Time: Settlement is conducted from Tuesday to Friday, 5:00 AM to 6:00 AM.

Winter Time: Settlement is conducted from Tuesday to Friday, 6:00 AM to 7:00 AM.

Pending open orders do not occupy margin. When the market price reaches the pending order price, if available funds are insufficient, the order will not be executed and will be canceled automatically.


If the account has sufficient funds and the balance is above zero, there is no limit on the number of pending orders that may be placed.

There is no commission and no handling fee. Trading only involves the spread cost.

For spot gold/silver trading, the minimum order size is 0.05 lots. For MT5 accounts, the minimum order size is 0.01 lots.

Maximum per order:

Standard Account: 20 lots

Premium Account: 50 lots

There is no limit on the total number of lots that may be held across open positions.

Summer Time: Monday 06:00 to Saturday 04:50, excluding public holidays and international market closures.

Winter Time: Monday 07:00 to Saturday 05:50, excluding public holidays and international market closures.

Upway Global is an AA-Clas Member No. 84 of the Hong Kong Gold Exchange, and it provides electronic trading services for Spot Gold and Spot Silver.