Trade Platinum / US Dollar with LHFX

XPT/USD is the spot price of platinum quoted in US Dollars per troy ounce. Platinum is the rarest of the three commonly-traded precious metals (gold, silver, platinum), with annual mine supply of around 180 tonnes globally, roughly one-sixth of gold supply. Unlike gold, platinum is primarily an industrial metal. Around 40% of demand comes from catalytic converters for internal-combustion vehicles (particularly diesel), 30% from jewellery, 20% from other industrial uses (chemical catalysts, electronics, glass manufacturing), and a growing share from hydrogen fuel-cell production. Supply is highly concentrated: roughly 70% of global platinum comes from South Africa, with smaller amounts from Russia and Zimbabwe. At LHFX you trade platinum as a CFD on the XPT/USD pair. You profit or lose based on XPT/USD price movement, can go long or short, and have leverage up to 1:200 available. Platinum has historically traded at a premium to gold, but that relationship inverted after 2014 and platinum has been at a discount for most of the period since. The platinum-gold ratio is a structural narrative input rather than a tradable mean-reversion signal.

Open an LHFX account, fund it, and add XPTUSD to your MT5 Market Watch. Spreads on platinum are noticeably wider than gold or silver due to thinner global trading liquidity. Commission is $3 per side; leverage up to 1:200. Platinum volatility is moderate. Daily 1 to 3% moves are routine; 5%-plus days happen on major mine-supply news, auto-industry data, or large platinum-palladium spread moves. Size your position to your account conservatively given the thinner liquidity. A 3% adverse move should cost no more than 2 to 3% of your account. Use limit orders during low-liquidity hours. Platinum spreads can widen sharply during the Asia-only session. Watch palladium and auto-industry data. Single events (a major auto OEM announcing a switch from palladium to platinum, or vice versa) can move platinum 3 to 5% in a session. Worked example. On a $1,000 account at a $900 platinum price, opening 0.05 lots of XPTUSD (5 oz exposure, $4,500 notional) requires roughly $22 in margin at 1:200. A 3% adverse move costs $135, or 13.5% of account. Size down to 0.02 lots for a 5.4% risk budget.