ZAEnjoy superior conditions with ThinkMarkets
Ultra-tight spreads
Access competitive spreads starting from just $0.06 on gold.
Leverage up to 400:1
Gain increased market exposure with less capital.
Automated execution
Enjoy a fast fill rate of 99.9% with no manual intervention.
Why trade gold?
Go long or short
Trade price movements in either direction by going long or short.
Uncover more opportunities
Access the gold market day and night with 23/5 access.
Easily accessible
Enjoy flexible contract sizes starting from just 0.01 lot.
Gold CFD trading scenario
FUTURE
XAUUSD
ENTRY PRICE
$2,000
TRADE SIZE
5 contracts
TRADE VALUE
$2,000 × 5 = $10,000
REQUIRED MARGIN (20:1)
$20,000 / 20 = $1000
Going long (buy)
Going short (sell)
Your research tells you that gold’s price is going to rise.
SCENARIO A
EXIT PRICE
$2,050
PROFIT/LOSS
= (Exit price - entry price) x Trade size
= (2,050 - 2,000) × 5
= 2 × 5
Profit $250
SCENARIO B
EXIT PRICE
$1,950
PROFIT/LOSS
= (Exit price - entry price) x Trade size
= (1,950 - 2,000) × 5
= -50 × 5
Loss -$250
