Unlike standard gold CFDs that typically follow traditional market schedules, this new over-the-counter product offers a one-ounce contract size, significantly smaller than the 100-ounce requirement found in the broker's legacy offerings. According to CEO Marc Despallieres, the initiative focuses on providing continuous market access while maintaining defined trading controls and transparent mechanics.
Risk management remains a central component of the new instrument. Vantage has integrated account-level exposure limits that automatically trigger a close-only mode if thresholds are exceeded. While no specific trading commissions apply to XAUUSD247, the broker notes that financing charges and spreads vary based on account type and regional jurisdiction. Tiered leverage reaching up to 100x is available, though actual conditions depend on individual position sizes and specific account profiles.
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