Along with gold and silver, FTM offers platinum and
palladium on our MetaTrader5. Platinum and palladium
are precious metals and are both traded against the
US dollar in a similar way to any other currency
pairs on the platform.
(Platinum) is a precious metal which is
nearly as valuable per ounce as gold
(XAUUSD). While gold is ever so slightly
rarer in the earth’s crust, platinum is
produced in much smaller quantities.
Platinum’s properties as the least reactive
known metal and its luster makes the silver
metal highly sought after. Platinum’s major
uses are found as a catalyst in cars and as
(Palladium) is a similar metal to platinum
in appearance and function, and is often
used as a replacement for the more expensive
metal in jewelry and industrial uses.
Palladium is produced almost entirely in
Russia and South Africa and while the silver
metal is the fifth rarest element in the
earth’s crust, its production volumes exceed
that of platinum.
Advantages of trading platinum and palladium through
- Access to institutional grade spreads and
- No commission fees on commodity pairs.
- The ability to hedge positions on a single