Transaction Rules
Last updated
0.03
Transaction speed 0.03 seconds
Last updated
Commodities are traded in both directions, you can go buy (long) or sell (short). Simply put, if you think the rate will climb, you buy; if you think it will fall, you sell. If the direction is correct, you earn the spread in between.
Calculated as follows: Total profit/loss = (Ask price - Bid price) x contract units x number of lots traded ± overnight interest
Note: If you close a position on the day you open it, you do not need to pay overnight interest; the actual overnight interest is shown on the platform.
Transaction Case One
Buy 1 lot of XAUUSD through the platform with 100 contract units per lot at the bid price of 1782.77 and close the position at the ask price of 1792.77 on the same day.
Total P/L = (Ask price - Bid price) x contract units x number of lots traded ± overnight interest = (1792.77 - 1782.77) x 100 x 1 ± 0 = $1000
Transaction Case Two
Sell 1 lot of USOil via the platform with 1000 contract units per lot at an ask price of 73.645 and close the position at the bid price of 72.645 on the same day.
Total P/L = (Ask price - Bid price) x contract units x number of lots traded ± overnight interest = (73.645.77-72.645) x 1000 x 1 ± 0 = $1000
0.03
Transaction speed 0.03 seconds
0.25
Gold spread is only 0.25
24H
24/7 Deposit and Withdrawal
365
24/7 Open