October 2024 – Phillip Nova is excited to announce the launch of its APEX Gold Perpetual Futures, offering traders a unique opportunity to engage with gold trading without the constraints of contract expiry. Available in 1oz, 10oz, and 100oz contract sizes, these perpetual futures provide a more capital-efficient method for trading gold.
The APEX Gold Perpetual Futures feature numerous advantages, making them an attractive choice for both new and experienced traders:
- Low Commissions: With an all-in commission starting at just $0.40 for the AUP1 contract, traders can maximize their returns without incurring hefty fees.
- Flexible Contract Sizes: The availability of various contract sizes allows traders to easily adjust their exposure based on market conditions and individual investment strategies.
- Lower Holding Costs: With reduced holding costs, traders can maintain positions during periods of market uncertainty or adopt a long-term bullish stance on gold, enhancing their strategic options.
The promotional period for the APEX Gold Perpetual Futures runs from August 1, 2023, to December 31, 2024. Both existing and new clients of Phillip Nova are eligible for promotional rates, which require no additional action to activate.
Eligibility and Additional Details:
- New customers can easily register for a Phillip Nova futures trading account to take advantage of these promotional rates.
- The daily rollover fee applies for positions held overnight, calculated based on the contract size and daily settlement price.
For more information, including detailed terms and conditions, prospective traders can visit Phillip Nova’s website or contact their customer service team.
Phillip Nova continues to innovate and expand its product offerings, ensuring clients have access to competitive trading solutions tailored to their needs.
About Phillip Nova
Phillip Nova is a leading provider of futures and options trading services, committed to delivering exceptional trading experiences and financial solutions to clients.
| Feature |  XM Since 2009 |  Phillip Nova Since 1983 |
|---|---|---|
| Rating | ★★★★☆ | ★★☆☆☆ |
| Regulation | CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa) | MAS (Singapore) |
| Min Deposit | $5 | $0 |
| Typical Spread | 0.80 | 0.60 |
| Leverage (Max) | 1:30 | 1:20 |
| Platforms | MT4, MT5, Mobile, Proprietary, Web | MT5, Mobile, Proprietary, TradingView, Web |
| Instruments | Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs | Algriculture, Commodities, Cryptos, Energies, Indices, ETF, Forex, Metals, Stock CFDs |
| Bonus | Yes | No |
| Robo Trading Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Scalping Allowed | Yes | Yes |
| Swap‑Free / Islamic | Yes | — |
| Action | Visit Broker | Read Review |
XM
Since 2009 Phillip Nova
Since 1983XM
Since 2009 
