What are the leverage and trading costs for XAUUSD247?
XAUUSD247 offers up to 100x leverage through a Tiered Leverage system. XAUUSD247 also has zero commission for STP and ECN accounts and uses a daily swap rate with a 1x factor.
XAUUSD247 uses Tiered Leverage.
The client's normal account leverage does not automatically apply to XAUUSD247.
The applicable leverage decreases as the single-sided position size increases:
- 0–200 lots: 100x
- 201–540 lots: 75x
- 541–900 lots: 50x
- 901–1,350 lots: 30x
- 1,351–1,950 lots: 20x
- 1,951–2,700 lots: 10x
- 2,701–3,000 lots: 5x
- 3,001–5,000 lots: 1x
The Tiered Leverage calculation is based on the MT5 login.
Why is my XAUUSD247 leverage lower than my account leverage?
XAUUSD247 has its own Tiered Leverage rules.
For example, even if your account leverage is 1:500, the leverage for XAUUSD247 is subject to the XAUUSD247 Tiered Leverage system and can be up to 100x.
Swap
XAUUSD247 does not apply the traditional Wednesday 3-day swap charge.
XAUUSD247 uses:
- Daily swap
- Swap factor: 1x
Commission
XAUUSD247 has:
- Zero commission for STP accounts
- Zero commission for ECN accounts
