Silver Trading
Capitalise on volatility in global precious metals markets by trading silver CFDs on Mitrade's trusted, ASIC-regulated platform. Take advantage of Mitrade's low costs and flexible leverage to maximise your CFD trading returns.
What is Silver CFD Trading?
Silver CFDs – or Contracts for Difference – are financial instruments that let you to speculate on the price of silver without owning the physical metal.
These contracts mirror the price of silver in real time. Buying and selling Silver CFDs on Mitrade allows Australian traders to take advantage of rising and falling silver prices, and use leverage to enhance exposure, with lower capital requirements than you would need to trade the metal itself.
Start TradingWhy trade Silver CFDs with Mitrade?
Flexible Leverage
Mitrade's leverage options allow Australian traders to control larger positions with less capital while managing risk effectively.
Low Costs and Zero Commission
Competitive spreads and no hidden fees mean you know exactly what you're spending.
Backed by ASIC
Trade Silver CFDs confidently within a transparent, ASIC-regulated environment.
Instant Trading as the Market Moves
Go long or short on XAG (Silver Ounce) to USD to capitalise on market volatility.
Trade Anywhere, Any Time
Access silver markets on the Mitrade app, mobile web or desktop.
Risk Management Tools
Protect yourself with stop-loss, take-profit and negative-balance-protection tools.
Ways to Trade Silver with Mitrade
Understand how Silver CFDs (Contracts for Difference) let you trade silver without physically owning the metal.
| Silver Spot CFD | Silver Futures CFD | Silver Mini Contracts | |
|---|---|---|---|
| Markets | Global OTC spot silver market | Based on major futures exchanges(e.g.,COMEX) | OTC derivatives |
| Main Benefits | Tight spreads, long/shot trading, no physical delivery | Higher liquidity, access to global futures price movements | Smaller contract size, suitable for beginners, lower margin |
| Traded in | USD | USD | USD |
| Commission | 0 commission | 0 commission | 0 commission |
| Platform | Mitrade App, WebTrader, Desktop | Mitrade App, WebTrader, Desktop | Mitrade App, WebTrader |
Why is Silver Trading Popular?
Understand why savvy Australian traders choose to trade Silver CFDs
Perrenial Safe-Haven Asset
Demand for silver often grows during times of economic uncertainty, similar to demand for gold.
Industrial Demand
Widespread usage in consumer electronics, photovoltaics, batteries and medical equipment makes silver prices sensitive to global manufacturing trends.
More Affordable than Gold
Silver's lower price per ounce attracts both retail and institutional traders.
High Volatility
Silver prices generally move faster than gold, offering more lucrative trading opportunities.
Hedge Against Inflation
Silver is a hard asset, so holding it can help protect purchasing power during high-inflation periods.
What Affects the Price of Silver?
US Dollar Value
A strenghtening US dollar typically pushes silver prices lower.
US Interest Rates
Lower interest rates typically support precious-metal prices
Inflation Expectations
Rising inflation often increases demand for silver.
Industrial Demand
Increased manufacture of solar panels, EVs and consumer electronics boosts silver demand.
Risk Sentiment
As a safe-haven asset, the value of silver can rise during times of geopolitical tension or financial instability.
Supply Constraints
Disruptions to mining output can reduce supply and lift prices.
Top Silver Trading Strategies
Trend Following Strategy
Silver traders can use indicators such as Moving Averages and MACD to identify upward or downward silver price trends and trade in the direction of momentum.
Breakout Trading
Silver often consolidates before sharp moves. Traders can look for breakouts above resistance or below support levels.
Range Trading
When silver moves sideways, traders can buy near support and sell near resistance, using clear stop levels.
Gold-Silver Ratio Strategy
Traders often monitor the gold-to-silver ratio price. A high ratio may indicate silver is undervalued; a low ratio may indicate the opposite.
Choose the Australia’s No.1 Silver Trading Broker
Access global silver markets with low costs, flexible leverage, and powerful risk-management tools. Trade XAG/USD CFDs on a secure, ASIC-regulated platform.
