Commission
Funding Rate
Unilateral Margin
How Is Commission Calculated
Every time you open a trade on XAUUSD247, a commission is charged. It's calculated as a percentage of the total value of your position — so the larger the trade, the higher the commission.
Formula
0.06%
Commission rate (fixed)Volume
Your trade size in lotsOpen Price
Market price at execution
Example
- Volume
100 lots
- Open price
$4,711.16
- 0.06% × 100 × $4,711.16 = Commission
$282.67
*Figures are illustrative only. Actual commission varies with position size and execution price.
How Funding Rate Works
The funding rate is a periodic charge exchanged between long and short position holders — settled approximately every 4 hours.
Replaces the traditional overnight swap fee entirely — XAUUSD247 does not charge both.
You may Pay or Receive
- You Pay Depends on your position direction and current market conditions
- You Receive When holding the side aligned with the prevailing funding direction
Settlement Schedule — GMT+8
- 00:00
- 04:00
- 08:00
- 12:00
- 16:00
- 20:00
*Settlement times may be subject to adjustment. The current rate and a countdown to the next settlement are displayed in real time on the Vantage App, Web, and MT5 before each settlement.
How Unilateral Margin Works
When you hold both long and short positions simultaneously, margin is not calculated on both sides. Only the net or larger position is charged — improving your capital efficiency.
Quick example: Buy 3 lots + Sell 4 lots → margin calculated on 4 lots only.
Example 1 — Full Hedge (Equal Lots Both Sides)
- Long30 lots$4,368.09
- Short30 lots$4,373.41
- Fully hedged → margin on 30 lots at average price
- Average price of both sides($4,368.09 + $4,373.41) ÷ 2 = $4,370.75
- Position value at average30 × $4,370.75 = $131,122.50
- Apply 100× leverage$131,122.50 ÷ 100 = $1,311.23
Example 2 — Partial Hedge (Unequal Lots)
- Long30 lots
- Short30 + 10 lots
- 30 hedged → Margin A (VWAP) 10 → Margin B
- Locked portion (30 lots) at VWAPVWAP = (Buy + Sell) ÷ 2
30 × VWAP ÷ leverage = Margin A - Unhedged short (10 lots) at original price10 × open price ÷ leverage = Margin B
- Total marginMargin A + Margin B
*Figures are illustrative only. Actual margin depends on real-time prices, position size, and leverage at the time of trading.