Current XAUUSD specification
Course context: This lesson belongs to a practical beginner curriculum for Pakistan.
| Field | Published value | Use in plan |
|---|---|---|
| Contract size | 100 troy ounces per lot | Lots × 100 = nominal ounces |
| Minimum volume | 0.01 lot | One nominal ounce |
| Pip size | 0.01 | A 0.01 price move at 0.01 lot is USD 0.01 before conversion |
| HMR | 1:200–1:1000 | Recalculate margin around events |
| Raw commission | USD 3.50/lot/side | Add both sides |
| Zero commission | USD 5.50/lot/side | Zero spread does not mean no cost |
| Triple swap | Wednesday | Include holding date |
Cash-risk sizing
For XAUUSD, cash loss before costs = stop distance in USD per ounce × 100 × lots. If the entry is 2,350 and invalidation is 2,342, the distance is USD 8. At 0.01 lot, planned market loss is 8 × 100 × 0.01 = USD 8, before spread, commission, swap and slippage.
Pre-order checklist
- Confirm exact symbol/suffix and whether it is XAUUSD or XAUUSD247.
- Mark setup, invalidation and no-trade condition.
- Calculate lots from the cash-risk limit.
- Read live Bid/Ask and convert spread to cash.
- Add commission and possible Wednesday swap.
- Check news/HMR and current trading hours.
- Verify free margin under stressed leverage.
- Enter SL before or immediately with the demo order.
Demo ticket record
| Before entry | After execution |
|---|---|
| Pakistan time and server UTC | Fill time and price |
| Bid/Ask and intended entry | Actual spread and slippage |
| Invalidation and stop price | SL/TP accepted values |
| Calculated volume and cash risk | Commission, swap and final P/L |
| HMR/news status | Rule-compliance score |
XAUUSD247 is different
XAUUSD247 supports seven-day trading with a Special Price Offset and fixed 0.5% margin (1:200). It is not available on Standard Cent. Its price and weekend behaviour should not be mixed with standard XAUUSD test data.
Official references
Gold CFD contract specifications · HMR rules · Current trading hours
Questions from a first-time learner
Do I own gold when trading XAUUSD?
No. It is a CFD settled by the price difference.
What does 0.01 lot represent?
With the 100-ounce contract, it represents one ounce of nominal gold exposure.
Is margin the maximum loss?
No. Loss follows position exposure and price movement plus costs.
Can I use XAUUSD weekend data for XAUUSD247?
No. They are separate instruments with different pricing and margin behaviour.