Metals CFD Product

US Summer : Monday (Hong Kong time) 6:15AM to Saturday 4:00AM US Winter : Monday (Hong Kong time) 7:15AM to Saturday 5:00AM.

After day-end at 4:00AM, there will be a short period of time when the system is temporarily suspended for trading. This period is used to ensure the system integrity. Yet, price feed and phone trading is still available at all times.


We offer the following major and minor currencies and their crosses:

You can trade in multiple of 1/10th (0.1) contract size. You can also define your default trade size by product thereby eliminating the hassle of entry every time you trade.

Partners Contract Size
LLS/USD LLS/USD 2500 Troy Oz
HKG/HKD HKG/HKD 100 Troy Tael

Types Of Orders

Our trading platform provides sophisticated entry and execution of entry orders and stop/limit orders. You may choose to limit the duration of such orders to Good Until Cancelled (GTC), Good Till Friday/Good For Week (GTF/GFW) and Good For Day (GFD). Expired unexecuted orders will be deleted automatically from the system and shown on your statement. You may change the duration any time without the hassle of deletion and re-insertion.

A limit and/or stop order placed with an open trade will be cancelled when that open trade is closed. Entry order prices must be away from the market price for at least x pips. Limit and/or stop order price must be away from the entry order price or the market price for at least y pips.

Products x y


We allow trading to be conducted on a leveraged basis. The deposit you made with us to support a trade is called margin.

Initial Margin- In order to open a new position, effective equity must exceed 1% of the position value. That is to say, you may trade a position as much as 100 times of your effective equity.

Effective equity is your account balance plus any loan/credit plus any market floating profit/loss plus any non-cash collateral value. For example, an account with US$10,000 effective equity could open up to US$1,000,000 new position.

Closing an open position does not need additional margin and release the all the margin held up with the open position.

Placing an order will earmark the same margin as if the order were executed. This is to ensure that the execution of your order will be problem-free. However, placing a stop-loss or limit-profit order with an open trade or an entry order does not require any additional margin.

When your margin is lean and you decide to execute an order at market rate. You can do so without first deleting the order to release margin for the subsequent trade. This is a very unique user-friendliness of our system that you may appreciate.

Maintenance Margin- This is the margin required to support an open position. When the effective equity falls below the maintenance margin level, we will issue a margin call via the system and other possible means to you. You will be asked to top up your margin until the margin percentage of your account reaches above the maintenance margin level.

The maintenance margin level is 0.5% of open positions value. Alternatively, you can have an aggregate position value of 200 times your effective equity without having a margin call. For example, an account with effective equity of US$10,000 can support open positions of aggregate values up to US$2,000,000 in open position.

Open positions count all long or short positions of different products. The open position value is calculated at the historical rate you opened the position. There will be no margin offset between any two different products. Therefore, trading a cross-currency product can save you margin as compared with trading two straight currency products.

Cut-off Margin- When the effective equity falls below the cut-off margin level, we are required to close your open positions at market rates until your effective account equity reaches above the cut-off margin level again.

The cut-off margin level is 0.1% of open positions value. Or, your aggregate open positions value cannot be more than 1000 times your effective equity. The open position value is calculated at the historical rate you opened the position. For example, an account with net equity of US$10,000 cannot support an aggregate position value of US$10,000,000 or more.

Type Metal
Initial Margin 1%
Maintenance Margin 0.5%
Cut-off Margin 0.1%

(Above the deposit requirements for reference only, according to the risk of market volatility or customer from time to time to make the change.)

Interest Policy

We automatically roll over all open positions to the next day at day-end. Interest is debited or credited to your account with open positions that have been rolled over at an interest rate determined by market conditions and posted in our system.

ASIC intervention Order 20-254MR

Pursuant to ASIC’s intervention order dated 23 October 2020, from 29 March 2021, GFA as a licensee is limited and restricted to offer CFD leverage to a maximum ratio of:

*30:1 for CFDs referencing an exchange rate for a major currency pair

*20:1 for CFDs referencing an exchange rate for a minor currency pair, gold or a major stock market index

*10:1 for CFDs referencing a commodity (other than gold) or a minor stock market index

*2:1 for CFDs referencing crypto-assets

*5:1 for CFDs referencing shares or other assets

The above restriction shall stand until such time ASIC revokes the intervention order.

For clarity, the definitions used above are to be read as:

major currency pair means any two of the Australian dollar, British pound, Canadian dollar, euro, Japanese yen, Swiss franc and US dollar;
a minor currency pair is any currency pair that is not a major currency pair;
major stock market indices are the CAC 40, DAX, Dow Jones Industrial Average, EURO STOXX 50 Index, FTSE 100, NASDAQ-100 Index, NASDAQ Composite Index, Nikkei Stock Average, S&P 500 and S&P/ASX 200;
a minor stock market index is any stock market index that is not a major stock market index.

Instant Account Opening And Deposit


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