When you trade, you speculate on the underlying asset’s price but do not own or trade the underlying asset. Thus, trading metals entails speculating on the exchange rates of Gold, Silver, Platinum, and Palladium relative to the US Dollar and Euro.

For instance, if you believe the price of Gold (XAU) will increase against the USD, you can place a BUY order; if you believe the price will fall, you can place a SELL order. On Metals, TitanWhale offers leverage of up to 1:500, allowing traders to gain a greater exposure to the market with a smaller deposit.