Metals
Weekend/ Holiday Policy: All new XAUUSD positions opened in the 3 hours prior to the market closing on the last trading day of the week or before a market holiday, require a minimum margin of 0.4%
This is not applicable to clients under Seldon Investments Limited (Jordan).
XPDUSD and XPTUSD follows the Dynamic Leverage Tiers of CFD Commodities table
Example 1 – Account Leverage 1:500 , 20 lots
Margin Requirement calculation:
Number of Lots * contract size / maximum leverage * conversion rate (if applicable)
Client Account Currency USD
Account Leverage – 1:500
Instrument to trade: XAUUSD
Volume traded: 20 lots
Margin requirement for first tier level: 5 * 100 / 500 * 1607.00
Margin requirement for second tier level: 15 * 100 / 250 * 1607.00
Total Margin Required: 1,607 + 9,642 = 11,249 USD.
Example 2 – Account Leverage 1:500 , 60 lots
Margin Requirement calculation:
Number of Lots * contract size / maximum leverage * conversion rate (if applicable)
Client Account Currency USD
Account Leverage – 1:500
Instrument to trade: XAUUSD
Volume traded: 60 lots
Margin requirement for first tier level: 5 * 100 / 500 * 1607.00
Margin requirement for second tier level: 45 * 100 / 250 * 1607.00
Margin requirement for third tier level: 10 * 100 / 150 * 1607.00
Total Margin Required: 1,607.00 + 28926.00 + 10,713.33 = 41,246.33 USD.