We found 11 online brokers that are appropriate for Trading Silver Price Fall Investment Platforms.
In the first week of February 2021 a sudden fall in the price of silver was witnessed, leaving most experienced investors scratching heads. It was a dip of about 8 percent, and on February 2, the price was $27 per ounce. A day before that a 12 percent rise took place, the highest leap in the past eight years.
According to the London Bullion Market Association, over 1 billion ounces of the precious metal were traded on the previous day, three times the volume traded in 2020.
With the pullback, the small investors faced difficulties. Data reveals that an average of $6 billion worth of silver is traded daily. The effect is also said to be related to the Reddit online forum where a group of users had posted strategically about a week before.
As a result of the Reddit discussions, the rush for silver intensified. One of the users suggested on the r/WallStreetBets forum to buy the metal to put a squeeze on banks. The users had previously pushed the share price of GameStop with a similar campaign. The strategy was questioned by experts. There was no large short in silver futures positions, not unlike the case with GameStop. In fact, the speculators were found to be betting on the rising prices of the metal.
According to market analysts, JPMorgan, HSBC, and other bullion banks failed to speculate naked short positions on the metal.
The market understanding was wrong, as the attempt was the same as that made for GameStop. In fact, most of the market was long silver. The banks tried to make more profit and retail buyers were giving up their money to the institutions.
One of the retail buyers said it looked as if the silver promoters tried to use the Reddit forum to advance their agenda. Another silver trader argued that they were able to bid up; however, it is also true that no one will hold the bag once things are over.
Commodity Futures Trading Commission data reveals producers of the metal and swap dealers, like banks, were short silver just ahead of the sudden price rally. The banks tried hedging the holdings of physical silver. This means the impact would be neutral.
According to market experts, the language that was used in the Reddit campaign was almost the same as the gold bug that is blamed for years of low gold. It was an artificial suppression which the bullion banks are responsible for. The US bank had to make a payment of $920 million as a settlement with the US authorities for the spoofing that quickly placed and withdrew the buy and sell orders.
Gold Anti-Trust Action Committee director, Chris Powell, applauded the Reddit campaign. He said the investors who were inspired by the online campaign understood that some powerful elements were shorting silver, as well as the silver mining company stocks.
Silver investors poured about $93 million into the iShares Silver Trust on February 1. This was the third continuous day of rapid net inflows. The biggest destination then was ETF for the new retail fund. The retail investors who had poured money into the iShares Silver Trust in the first half of the day may have suffered a loss by the end of the day.
BullionVault research head, Adrian Ash, said retail investors should understand that silver is a devil's metal and that it comes with swift and violent volatility. It is natural to avoid missing out on any long-term uptrend in the prices, but it is also possible to suddenly find yourself suffering a loss.
However, it is important to remember that the outlook for precious metals including gold remains positive. Prices may rise again.
Silver is considered a good investment after gold. Many buy the metal as a store of value and some speculate on the prices. However, it is not guaranteed the price may rise forever. If this is so, the price of such metals would be infinite at this point. In the first week of February 2021, the prices suddenly jumped high, and thereafter dropped low.The bullion banks tried speculating the prices and led to a loss for retail investors.
We have conducted extensive research and analysis on over multiple data points on Silver Price Fall to present you with a comprehensive guide that can help you find the most suitable Silver Price Fall. Below we shortlist what we think are the best Silver Price Fall Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Silver Price Fall.
Selecting a reliable and reputable online Silver Price Fall Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Silver Price Fall Investment Platforms more confidently.
Selecting the right online Silver Price Fall Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Silver Price Fall Investment Platforms trading, it's essential to compare the different options available to you. Our Silver Price Fall Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Silver Price Fall Investment Platforms broker that best suits your needs and preferences for Silver Price Fall Investment Platforms. Our Silver Price Fall Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Silver Price Fall Investment Platforms.
Compare Silver Price Fall Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Silver Price Fall Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Silver Price Fall Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Silver Price Fall Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Silver Price Fall Investment Platforms that accept Silver Price Fall Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Silver Price Fall Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Silver Price Fall Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Silver Price Fall Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.