BTC
ETH
HTX
SOL
BNB
View Market
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt

Vantage Launches OTC Gold CFD Product XAUUSD247

星球君的朋友们
Odaily资深作者
2026-07-04 13:49
This article is about 900 words, reading the full article takes about 2 minutes
Eligible clients can now trade gold CFDs on MT5, TradingView, and the Vantage App outside of traditional trading weeks, including weekends.
AI Summary
Expand
  • Core Takeaway: Trading broker Vantage has launched a new OTC gold CFD product called XAUUSD247, offering 24/7 trading capabilities to meet market demand for extended trading hours.
  • Key Elements:
    1. XAUUSD247 provides trading services 24 hours a day, 7 days a week, including weekends, subject to platform maintenance.
    2. The product's contract size is 1 ounce, significantly lower than the 100 ounces of Vantage's traditional gold products, lowering the entry barrier.
    3. Offers tiered leverage up to 100x, with one-way margin calculation applied to long and short positions for optimized capital efficiency.
    4. To manage risk, net risk and total risk exposure limits are set at the account level, triggering an automatic "close-only" mode when exceeded.
    5. Trading conditions (spreads, leverage, fees, etc.) vary based on the client's account type, region, and applicable entity.

On July 4, 2026, multi-asset CFDs broker Vantage Markets ("Vantage") today announced the launch of XAUUSD247. This follows the Chicago Mercantile Exchange (CME Group)'s recent announcement of plans to extend trading for certain gold futures products to 24/7 (subject to regulatory review). XAUUSD247 is a standalone over-the-counter (OTC) CFDs product offered by Vantage.

Marc Despallieres, Chief Executive Officer of Vantage, stated: "XAUUSD247, supported by transparent product mechanics and clear trading controls, provides eligible clients with access to trading gold CFDs outside of standard market hours."

Subject to platform maintenance schedules and regional availability, XAUUSD247 is tradable 24 hours a day, seven days a week, including Saturdays and Sundays.

The contract size for this product is 1 ounce, compared to the 100-ounce contract size of Vantage's traditional XAUUSD product. No separate trading commissions are charged, but spreads, financing fees, and other applicable costs may apply. Tiered leverage of up to 100x is available, depending on position size, account type, and applicable trading conditions. For eligible accounts holding both long and short positions simultaneously, net margin calculation is applied.

As part of its risk management framework, XAUUSD247 also incorporates net and gross risk exposure limits at the account level. When the applicable risk exposure threshold is reached, the account enters a "Close Only" mode until the exposure falls back below the relevant limits. Applicable spreads, financing fees, leverage, exposure limits, and other trading conditions may vary depending on the client's account type, region, and the applicable Vantage entity.

About Vantage 

Vantage Markets is a multi-asset CFDs broker offering trading in gold, forex, commodities, indices, stocks, ETFs, and bonds. With over 17 years of experience, Vantage provides a reliable trading platform, an award-winning mobile application, and a user-friendly trading experience.

Risk Warning: CFDs are complex leveraged products that carry a high risk of rapid loss due to leverage. Trading CFDs may not be suitable for all investors. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. The availability of the products and services described in this press release is subject to jurisdictional restrictions and may not be available to residents of certain countries or regions.

invest
Welcome to Join Odaily Official Community