What is XAUUSD247?
XAUUSD247 is a 24/7 Gold trading product that allows eligible clients to trade Gold on weekdays and weekends, subject to scheduled session breaks.
XAUUSD247 is available with the following trading conditions:
- Symbol: XAUUSD247
- Contract size: 1 lot = 1 oz Gold
- Minimum volume: 1 lot
- Maximum volume: 500 lots
- Maximum leverage: Up to 100x, subject to Tiered Leverage
- Eligible account types: STP, ECN, USC and Swap-free
- Commission: Zero commission for STP and ECN
- Platforms: MT5
- Launch date: (TBD)
How is XAUUSD247 different from XAUUSD?
XAUUSD247 and standard XAUUSD are different Gold trading products.
XAUUSD247:
- Supports 24/7 trading, including weekends.
- Contract size is 1 oz Gold per lot.
- Uses Tiered Leverage of up to 100x.
- Weekend trading is available.
- MT4 is not planned for XAUUSD247.
- Minimum lot size : 1
- Maximum lot size : 500
XAUUSD:
- Follows the regular 5/24 trading schedule.
- Contract size is 100 oz Gold per lot.
- Leverage is subject to the applicable account leverage.
- Weekend trading is not available.
- XAUUSD is available on MT4.
- Minimum lot size : 0.01
- Maximum lot size : 100
XAUUSD247 also uses specific Tiered Leverage, Exposure Limits and Single-Sided Margin rules.
Which account types can trade XAUUSD247?
XAUUSD247 is available for:
- STP accounts
- ECN accounts
- USC accounts
- Swap-free accounts
Which platforms support XAUUSD247?
XAUUSD247 is available on:
- MT5
What is the contract size of XAUUSD247?
The contract size of XAUUSD247 is 1 lot = 1 oz Gold.
What is the minimum and maximum lot size for XAUUSD247?
- Minimum: 1 lot
- Maximum: 500 lots
The maximum tradable volume may also be affected by the applicable exposure limits.
When will XAUUSD247 be available?
XAUUSD247 is scheduled to launch on Between 1st and 4th September.
