Trade Silver Futures
Access Silver Market opportunities with Standard (SI), Micro (SIL) and 100-ounce (SIC) Silver futures
Trade Silver Futures
Access Silver Market opportunities with Standard (SI), Micro (SIL) and 100-ounce (SIC) Silver futures
Trade Silver Futures
Access Silver Market opportunities with Standard (SI), Micro (SIL) and 100-ounce (SIC) Silver futures
Regulated by
Monetary Authority of Singapore
PARTNER WITH
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Regulated by
Monetary Authority of Singapore
Partner with
Powered by
Contract Sizing
100-Ounce Silver (SIC) vs Micro Silver (SIL) vs Silver (SI)
All 3 contracts provide direct exposure to global silver price movements and industrial demand
Contract Sizing
100-Ounce Silver (SIC) vs Micro Silver (SIL) vs Silver (SI)
All 3 contracts provide direct exposure to global silver price movements and industrial demand
Contract Sizing
100-Ounce Silver (SIC) vs Micro Silver (SIL) vs Silver (SI)
All 3 contracts provide direct exposure to global silver price movements and industrial demand
COMEX
100-Ounce Silver (SIC)
Low capital commitment and highly accessible sizing
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
100 troy ounces
0.01
$1.00
$9,560.65
$19,121.30
Try SIC in Demo
COMEX
Micro Silver (SIL)
Precise risk control and incremental position scaling
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
1,000 troy ounces
0.005
$5.00
$338.00
$676.00
Try SIL in Demo
COMEX
COMEX 5000 Silver (SL)
Larger order sizes and high-volume strategies
Multiplier
Tick Size
Tick Value
Day Margin (USD)
Initial Margin (USD)
5,000 troy ounces
0.005
$25.00
$19,103.15
$38,206.30
Try SI in Demo
Asset Comparison
Silver Futures VS CFDs and ETFs
Asset Comparison
Silver Futures VS CFDs and ETFs
Asset Comparison
Silver Futures VS CFDs and ETFs
Swipe to compare →
| Comparison | Silver Futures | Spot Silver CFDs | Silver ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (SI) at 5,000 troy ounces, Micro (SIL) at 1,000 and 100-Ounce (SIC) at 100 | Position size set by the broker | Individual fund units |
| Expiry and Settlement | Monthly contracts. SI and SIL are physically delivered, SIC is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Swipe to compare →
| Comparison | Silver Futures | Spot Silver CFDs | Silver ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (SI) at 5,000 troy ounces, Micro (SIL) at 1,000 and 100-Ounce (SIC) at 100 | Position size set by the broker | Individual fund units |
| Expiry and Settlement | Monthly contracts. SI and SIL are physically delivered, SIC is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Swipe to compare →
| Comparison | Silver Futures | Spot Silver CFDs | Silver ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (SI) at 5,000 troy ounces, Micro (SIL) at 1,000 and 100-Ounce (SIC) at 100 | Position size set by the broker | Individual fund units |
| Expiry and Settlement | Monthly contracts. SI and SIL are physically delivered, SIC is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited to the amount invested, unless bought on margin |
General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.
Key Features
Why Traders Choose Silver Futures
Key Features
Why Traders Choose Silver Futures
Key Features
Why Traders Choose Silver Futures
Global Silver Benchmark Exposure
Trade contracts settled against COMEX Silver, the benchmark against which silver mining output and industrial supply contracts are priced globally
Portfolio Diversification
Silver moves on industrial demand from electronics, EVs and solar manufacturing, and on its role as a monetary store of value alongside gold
Capital Efficiency
Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (SI) or Micro (SIL) contracts to fit your risk strategy
Nearly 24-Hour Access
Silver reacts to Fed policy, dollar strength and safe-haven demand as it shifts. Trade silver futures nearly 24/5 to access the market as it moves
Global Silver Benchmark Exposure
Trade contracts settled against COMEX Silver, the benchmark against which silver mining output and industrial supply contracts are priced globally
Portfolio Diversification
Silver moves on industrial demand from electronics, EVs and solar manufacturing, and on its role as a monetary store of value alongside gold
Capital Efficiency
Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (SI) or Micro (SIL) contracts to fit your risk strategy
Nearly 24-Hour Access
Silver reacts to Fed policy, dollar strength and safe-haven demand as it shifts. Trade silver futures nearly 24/5 to access the market as it moves
Global Silver Benchmark Exposure
Trade contracts settled against COMEX Silver, the benchmark against which silver mining output and industrial supply contracts are priced globally
Portfolio Diversification
Silver moves on industrial demand from electronics, EVs and solar manufacturing, and on its role as a monetary store of value alongside gold
Capital Efficiency
Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (SI) or Micro (SIL) contracts to fit your risk strategy
Nearly 24-Hour Access
Silver reacts to Fed policy, dollar strength and safe-haven demand as it shifts. Trade silver futures nearly 24/5 to access the market as it moves
Before You Trade
Silver Futures FAQs
Before You Trade
Silver Futures FAQs
Before You Trade
Silver Futures FAQs
1. What are Silver Futures?
Silver futures are exchange-listed contracts to trade the future price of silver. The standard contract, SI, represents 5,000 troy ounces and trades on COMEX, part of CME Group. It's physically deliverable, settling against the silver price at expiry unless the position is closed or rolled beforehand
2. What's the difference between SI, SIC and SIL Silver Futures?
SI is the standard contract at 5,000 troy ounces. SIC tracks 100 troy ounces, a much smaller size. SIL, the Micro contract, sits between them, giving a fraction of SI's exposure per contract at a correspondingly lower margin requirement. All three settle against the same underlying silver price
3. What moves Silver Futures prices?
Silver futures respond to many of the same drivers as gold, including real interest rates and the strength of the US dollar, since silver is also held as a store of value. Unlike gold, silver has significant industrial demand from electronics and solar panel manufacturing, so global manufacturing activity moves the price too
4. What are the margin requirements to trade Silver Futures?
Margin on SI, SIC and SIL is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Silver Futures?
Silver futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Silver tends to be more volatile than gold given its smaller market size and industrial demand exposure. All three contracts are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand
1. What are Silver Futures?
Silver futures are exchange-listed contracts to trade the future price of silver. The standard contract, SI, represents 5,000 troy ounces and trades on COMEX, part of CME Group. It's physically deliverable, settling against the silver price at expiry unless the position is closed or rolled beforehand
2. What's the difference between SI, SIC and SIL Silver Futures?
SI is the standard contract at 5,000 troy ounces. SIC tracks 100 troy ounces, a much smaller size. SIL, the Micro contract, sits between them, giving a fraction of SI's exposure per contract at a correspondingly lower margin requirement. All three settle against the same underlying silver price
3. What moves Silver Futures prices?
Silver futures respond to many of the same drivers as gold, including real interest rates and the strength of the US dollar, since silver is also held as a store of value. Unlike gold, silver has significant industrial demand from electronics and solar panel manufacturing, so global manufacturing activity moves the price too
4. What are the margin requirements to trade Silver Futures?
Margin on SI, SIC and SIL is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Silver Futures?
Silver futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Silver tends to be more volatile than gold given its smaller market size and industrial demand exposure. All three contracts are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand
1. What are Silver Futures?
Silver futures are exchange-listed contracts to trade the future price of silver. The standard contract, SI, represents 5,000 troy ounces and trades on COMEX, part of CME Group. It's physically deliverable, settling against the silver price at expiry unless the position is closed or rolled beforehand
2. What's the difference between SI, SIC and SIL Silver Futures?
SI is the standard contract at 5,000 troy ounces. SIC tracks 100 troy ounces, a much smaller size. SIL, the Micro contract, sits between them, giving a fraction of SI's exposure per contract at a correspondingly lower margin requirement. All three settle against the same underlying silver price
3. What moves Silver Futures prices?
Silver futures respond to many of the same drivers as gold, including real interest rates and the strength of the US dollar, since silver is also held as a store of value. Unlike gold, silver has significant industrial demand from electronics and solar panel manufacturing, so global manufacturing activity moves the price too
4. What are the margin requirements to trade Silver Futures?
Margin on SI, SIC and SIL is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Silver Futures?
Silver futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Silver tends to be more volatile than gold given its smaller market size and industrial demand exposure. All three contracts are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand
Get Started
Start Trading Silver Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading Silver Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading Silver Futures in 3 Steps
Execute trades with confidence and precision
1
Choose SI, SIL or SIC
Search SI, SIL or SIC to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
1
Choose SI, SIL or SIC
Search SI, SIL or SIC to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
1
Choose SI, SIL or SIC
Search SI, SIL or SIC to view live spreads, tick values, and intraday margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe