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РусскийInvestizo trading conditions on gold (XAUUSD)
The XAUUSD contract specification on the MT5 REAL ECN account, the one the PAMM runs on. Not one of these figures appears on the broker site: its instruments page gives no spread, no swap and no contract size for gold.
The data is taken from the Specification window in the MetaTrader 5 terminal. Anyone with an open account can check it.
Contract specification
| Parameter | Value |
|---|---|
| Instrument | XAUUSD, gold |
| Calculation | CFD |
| Contract size | 100 |
| Digits | 2 decimal places |
| Spread | floating |
| Execution | market |
| Volume | 0.01 to 100, step 0.01 |
| Stops level | 0 |
| Margin | 0.2% of notional |
| Commission | $5 per lot, on entry |
| Swap | -81 points long, +19 short |
| Session | 01:05 to 23:55, weekdays |
Swap and margin move with interest rates and the gold price. Check the current values in the terminal before trading.
The Specification window in the MT5 terminal · data as of
Contract size is 100, not 100,000
One lot of gold is 100 ounces, not the 100,000 units of a currency pair. The rest of the arithmetic follows: a volume step of 0.01 lots is one ounce.
This matters when you compare conditions between brokers: with different contract sizes, the same apparent spread means a different amount of money.
Commission: once per round turn, not twice
$5 per lot, charged immediately and only on entry trades. Closing costs nothing.
Plenty of brokers charge in both directions. Here a full round turn costs what one half costs elsewhere, which is worth checking when you compare.
The rate applies to volumes from 0 to 1000 lots.
Swap: the largest cost line you do not pay
The swap is set in points: -81 on a long position and +19 on a short one. At 2 digits a point is 0.01 and the contract size is 100, so in money that is minus $81 per lot per night long, and plus $19 short.
Wednesday carries a factor of three: one night is charged as three to cover the weekend. Holding a long position from Wednesday to Thursday costs roughly $243 per lot.
The strategy closes its positions inside the day, so the swap never reaches you. The average trade lasts 1 hour 18 minutes.
This follows from how the strategy trades: a position that does not survive to midnight pays no swap.
Margin and leverage
The margin rate is 0.2% of notional, and the initial and maintenance rates are the same. With gold near $4,200 one lot needs roughly $840 of margin.
Leverage on the PAMM account is set to 1:100, which the monitoring account card confirms. The broker allows up to 1:1000, and up to 1:2000 under a promotion. The manager picked the lowest available.
Session and the daily break
Trading runs from 01:05 to 23:55 on weekdays. Between 23:55 and 01:05 the market is shut, a break of about seventy minutes every day.
There is no trading on Saturday or Sunday. That is why the PAMM exit falls on the Saturday rollover: the market is closed, no positions are open, and one participant leaving touches nobody else.
The stops level is zero
The broker sets no minimum distance for a stop loss or a take profit. They can sit right against the price.
For a strategy that places a stop on every trade this is a working condition: capping the loss does not run into a broker restriction.
How to check this yourself
- Open the MetaTrader 5 terminal and log in to your account
- Find XAUUSD in Market Watch
- Right-click → Specification
- Every value in the table above is in that window
The current spread is visible in the same place, as the gap between Bid and Ask. We do not publish it: it is an instantaneous reading that changes every second.
The conditions are given as of the date they were read and may change. Trading on financial markets carries the risk of losing capital.