Can you trade SI on MyForexFunds?

Yes, SI (Silver 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 SI?

One tick of SI is worth $25.00. One full point is worth $5000.00.

How many SI 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 10 SI contracts using a 10-tick stop loss.

What platform should I use for SI on MyForexFunds?

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

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Trading SI on MyForexFunds

Silver FuturesFuturesCOMEX

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

Yes, SI (Silver Futures) is available on MyForexFunds. Each tick is worth $25.00, and each full point is worth $5000.00. Typical spread is 1 tick. Day trading margin is $1,500. Use MT4 for the best experience.

SI Specifications

Full Name	Silver Futures
Type	futures
Tick Value	$25.00
Point Value	$5000.00
Typical Spread	1 tick
Day Trading Margin	$1,500
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	$250.00/ct	2
$50,000	$2,500	$250.00/ct	10
$100,000	$5,000	$250.00/ct	20

MyForexFunds Rules That Affect SI

Overnight HoldingAllowed

Weekend HoldingAllowed

News Tradingallowed

EAs / BotsAllowed

Recommended Platform

For trading SI on MyForexFunds, we recommend MT4.

MyForexFunds supports: MT4, MT5.

Other instruments on MyForexFunds

SI on other firms

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