Metals and energy · Precious and industrial metal
Silver perpetual (XAGUSDT) on QATS Prop
Silver (XAGUSDT) is a USDT-margined perpetual future you can trade on QATS Prop TradFi challenges, one of 33 instruments on that line. It is priced from Binance, takes leverage up to 10× on the current plans, trades around the clock and never expires.
Compiled by the QATS team from the live instrument catalogue · checked
XAGUSDT at a glance
- Symbol
XAGUSDT, a USDT-margined perpetual future with no expiry- Challenge
- QATS Prop TradFi challenges
- Priced from
- Binance
- Listed on
- Binance and Bybit
- Max leverage
- Up to 10× on the current plans, chosen per order
- Funding
- The exchange’s funding rate, paid or received at its funding times and added to the position’s P&L
- Risk day
- Starts at 17:00 Chicago time, an accounting boundary, not a pause
- Hours
- 24/7; busiest in London and New York hours
What is Silver?
Silver: half safe haven, half industrial metal.
Silver follows gold as a store of value, but about half of its demand comes from industry: solar panels, electronics and electric vehicles. That makes it sensitive both to investor fear and to the health of manufacturing.
The silver market is much smaller than the gold market, so the same flows move it further. It usually moves in gold’s direction with larger swings, and traders watch the ratio between the two prices to judge which is stretched.
- Quoted in
- US dollars per troy ounce
- Demand
- About half industrial
- Watched against
- Gold, through the gold-silver ratio
What moves the price of Silver?
- Gold
- Silver follows gold’s direction, with more force.
- Industrial demand
- Solar and electronics production set the industrial half of demand.
- The US dollar and rates
- The same forces that move gold reach silver.
- Mine supply
- Most silver is a by-product of other mining, so supply responds slowly.
What do traders watch?
- Gold direction
- Manufacturing surveys
- Federal Reserve decisions
When does XAGUSDT trade?
Trades around the clock. It is most active from the London morning through the New York afternoon, and quietest in late US hours and at weekends.
What are the risks of trading Silver on a prop account?
- This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.
- Daily ranges are roughly twice those of gold.
Related instruments
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Sources
Frequently asked questions
01Can I trade Silver with a prop firm?
Yes. Silver (XAGUSDT) is on QATS Prop TradFi challenges as a USDT-margined perpetual, priced from Binance. It is listed on Binance and Bybit, has no expiry and trades 24/7.
02What leverage can I use on XAGUSDT at QATS Prop?
Up to 10× on the current plans. You choose the leverage of each order up to that ceiling; the account’s daily loss limit and maximum loss still apply to the position.
03When can I trade XAGUSDT?
Trades around the clock. It is most active from the London morning through the New York afternoon, and quietest in late US hours and at weekends.
Educational content, not investment advice. This page describes what the market is and does not forecast its price. Evaluation and Funded accounts are simulated; Live Funded is real capital by separate review. Which instruments an account can trade is set by its plan and checked on every order.
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