Objectively evaluate the comprehensive strength of the precious metals CFD trading channel. This article starts with the explicit and implicit costs of spreads, overnight interest, slippage, deposits and withdrawals, etc., deeply analyzes the advantages and disadvantages of the STP no-dealer direct mode, compares the MT4/MT5 terminal and EA automation functions, and objectively dismantles the offshore regulatory background and liquidation risk control mechanisms to help you make rational decisions.