Trading Gold Made Simple for Filipinos with OctaFX
A simple guide to trading gold (XAU/USD) as a CFD at OctaFX — how it works, the contract details and how to get started from the Philippines.
Open OctaFX Account →Gold is traded at OctaFX as a CFD under the symbol XAU/USD, so you speculate on the price without owning physical gold and can go long or short. Spreads start from about $0.20, 1 lot equals 100 troy ounces with a 0.01-lot minimum, accounts are swap-free, and gold is available on MetaTrader 4, MetaTrader 5 and OctaTrader with leverage up to 1:1000 depending on the entity.
How gold (XAU/USD) trading works at OctaFX
- Gold is traded as a CFD under the symbol XAU/USD — you speculate on the price without owning physical gold.
- You can go long (buy) or short (sell), so it is possible to trade both rising and falling gold prices.
- At OctaFX, gold trades from spreads of about $0.20 on XAU/USD, with 1 lot equal to 100 troy ounces and a 0.01-lot minimum.
- All OctaFX accounts are swap-free, so no overnight financing is charged on gold positions held overnight.
- Gold is available on MetaTrader 4, MetaTrader 5 and OctaTrader, with leverage up to 1:1000 depending on the entity.
- CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage; most retail accounts lose money.
OctaFX gold (XAU/USD) at a glance
| Detail | OctaFX gold |
|---|---|
| Symbol | XAU/USD |
| Spread from | about $0.20 |
| Contract size | 1 lot = 100 troy ounces |
| Minimum trade | 0.01 lots |
| Overnight swap | None (accounts are swap-free) |
| Platforms | MetaTrader 4, MetaTrader 5, OctaTrader |
Frequently asked questions
How do Filipinos trade gold with OctaFX?
Open and fund an OctaFX account, then trade gold as the XAU/USD CFD long or short on MetaTrader 4, MetaTrader 5 or OctaTrader, from spreads of about $0.20.
Are there overnight fees on gold at OctaFX?
No. OctaFX accounts are swap-free, so no overnight financing is charged on gold positions held overnight.