Can you trade GC on MyForexFunds?

Yes, GC (Gold Futures) is available to trade on MyForexFunds. It trades on COMEX during Sun 6:00 PM - Fri 5:00 PM ET (23h/day).

What is the tick value for GC?

One tick of GC is worth $10.00. One full point is worth $100.00.

How many GC contracts can you trade on MyForexFunds?

With a $50,000 MyForexFunds account and a $2,500 daily loss limit, you can safely trade up to 25 GC contracts using a 10-tick stop loss.

What platform should I use for GC on MyForexFunds?

MyForexFunds supports MT4, MT5 for trading GC. We recommend MT4 for the best experience.

All Firms/MyForexFunds/Instruments/GC

Trading GC on MyForexFunds

Gold FuturesFuturesCOMEX

Last verified: 2023-08-29 | Official rules page

Yes, GC (Gold Futures) is available on MyForexFunds. Each tick is worth $10.00, and each full point is worth $100.00. Typical spread is 1 tick. Day trading margin is $1,000. Use MT4 for the best experience.

GC Specifications

Full Name	Gold Futures
Type	futures
Tick Value	$10.00
Point Value	$100.00
Typical Spread	1 tick
Day Trading Margin	$1,000
Exchange	COMEX
Trading Hours	Sun 6:00 PM - Fri 5:00 PM ET (23h/day)

Max Contracts by Account Size

Based on a 10-tick stop loss and using your full daily loss limit.

Account	Daily Loss	Risk/Trade (10 ticks)	Max Contracts
$10,000	$500	$100.00/ct	5
$50,000	$2,500	$100.00/ct	25
$100,000	$5,000	$100.00/ct	50

MyForexFunds Rules That Affect GC

Overnight HoldingAllowed

Weekend HoldingAllowed

News Tradingallowed

EAs / BotsAllowed

Recommended Platform

For trading GC on MyForexFunds, we recommend MT4.

MyForexFunds supports: MT4, MT5.

Other instruments on MyForexFunds

GC on other firms

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