How to Open a Commodities Position on Pluang

Go to Explore → Commodities → Leverage and pick gold, silver or Brent crude. Tap Buy (Long) or Sell (Short), pick the order type, enter the number of lots, and check Est. Total Exposure, Est. Margin Required, the fees and New Margin Level on the order page. Then slide to place the order. The margin comes from your USD Margin (Commodities) wallet.

 

Related questions:

Q: How much margin do I need for 1 lot?
Margin is Exposure (lot size × price) divided by leverage. As an illustration, not live prices: gold at US$4,300 needs US$43, silver at US$70 needs US$35, and Brent crude at US$80 needs US$16 for 1 lot. The order page shows the exact Est. Margin Required, which can be slightly higher than this simple calculation.

Q: What fees apply when I open a position?
The JFX & KBI fee of US$0.10 per lot, capped at US$1 per order, plus 11% VAT: about US$0.11 in total on 1 lot of gold. Pluang currently charges no transaction fee on Commodities (0%). The spread is already in the price. Swap applies only to positions held past the daily rollover.

Q: Which order types can I use?
Market, Limit and Stop orders. Under More settings → Time in Force, you can choose Day (Good till market close) or GTC (Good till cancelled). Orders fill in full or not at all, with no partial fills.

Q: Why does my new position already show a small loss?
Because of the spread, the gap between the buy and sell price, which is already in the price, plus the small JFX & KBI fee: about US$0.11 on 1 lot of gold, including VAT. The price needs to move in your favour to cover them.

Q: Can I choose my leverage?
No. Pluang sets the leverage for each instrument: up to 100x for gold, 20x for silver and 50x for Brent crude. Pluang may adjust it, and the order page shows the current figure.

 

Before you start, make sure:

• You have completed Global & Yield Asset Verification; the first time you trade, you accept the Commodities Trading Rules
• Your USD Margin (Commodities) wallet is funded with more than the margin you need; at illustrative prices, 1 lot needs about US$16 (Brent crude) to US$43 (gold)
• The market is open, because you can't place orders while it's closed: Monday 06.00 WIB to Saturday 05.00 WIB, with a daily break of 05.00–06.00 WIB for gold and silver and 05.00–08.00 WIB (Tuesday to Friday) for Brent crude; during US Daylight Saving Time, every time is one hour earlier
• You know that Pluang sets the leverage for each instrument (you don't choose it) and may adjust it: up to 100x for XAUUSD (gold), 20x for XAGUSD (silver) and 50x for UKOUSD (Brent crude); the order page shows the current figure
• You understand that you hold one net position per instrument: adding lots in the same direction merges them at a weighted-average entry price, and an order in the opposite direction offsets your existing position (reducing or closing it) rather than opening a separate one
• You will keep an eye on your margin level in the app: the margin call comes at an 80% margin level; at 70% you get a second warning, and new orders that add risk are blocked until your margin level is back above 80%; and at 50%, Pluang closes your worst-performing position in full, then checks your margin level again and, if it's still at 50% or below, closes the next one
• You understand that Commodities is high-risk leveraged trading on gold, silver and Brent crude, not a savings or long-term product; if you want to hold gold for the long term, Pluang Emas is the better fit