Broker AvaTrade Adds Gold Miners ETF

Jul 18, 2012

Online trading broker AvaTrade has recently added ETF to their products lineup, including Market Vectors Gold Miners ETF. We are very excited about this instrument which tracks a group of the leading gold mining companies worldwide.

AvaTrade — formerly Ava FX — is an online trading broker based in Dublin, Ireland. They offer all their instruments on margin, making it very cheap for the average trader to enter the market and trade larger quantities with limited funds. For example gold is traded at only 0.5% margin, silver is only 2% margin, and oil is only 1% margin. This allows you to trade 50-200x more than with a traditional broker. AvaTrade is now adding ETFs (Exchange-Traded Funds) to their award-winning trading platform.

Market Vectors Gold Miners ETF “provides exposure to publicly traded companies worldwide involved primarily in the mining for gold, representing a diversified blend of small-, mid- and large- capitalization stocks.”

Name: Ticker: Holdings:
Barrick Gold ABX 18.10%
Goldcorp GG 14.08%
Newmont Mining NEM 10.64%
Anglogold AU 5.95%
Buenaventura Mining BVN 5.25%
Eldorado Gold EGO 4.74%
Yamana Gold AUY 4.57%
Gold Fields GFI 4.48%
Silver Wheaton SLW 4.40%
Kinross KGC 4.29%

AvaTrade offers the Market Vectors Gold Miners ETF at only 5% margin, so you can by 20x more shares than with a traditional broker.

 

This volatility is what traders profit from. Open a free $100,000 demo practice account today with Ava FX, one of our Recommended GoldOilSilver Brokers.