The OTC gold CFD product will be available through MT5, TradingView and the Vantage App, with a one-ounce contract size and up to 100x tiered leverage for eligible clients.
Vantage said it has launched XAUUSD247, an over-the-counter CFD (contract for difference) product that gives eligible clients access to gold trading around the clock, including weekends. The broker said the instrument will be available via MT5, TradingView and the Vantage App, and described it as separate from CME Group's recently announced plan to expand certain gold futures trading to 24/7, which remains subject to regulatory review. Marc Despallieres, Chief Executive Officer at Vantage, said the product offers access to gold CFDs beyond standard market hours with transparent mechanics and clearly defined trading controls. XAUUSD247 uses a one-ounce contract size versus the 100-ounce size of Vantage's traditional XAUUSD product. No separate trading commission applies, though spreads, financing charges and other applicable costs may apply. Vantage said tiered leverage of up to 100x may be available depending on position size, account type and trading conditions, and added that eligible accounts holding both long and short positions can use one-sided margin calculation. The broker also said the product includes net and gross exposure limits at account level; once an applicable threshold is reached, accounts move to close-only mode until exposure falls back below the relevant limit. The page is due to be officially launched on 6 July.