Vantage Launches 24/7 Gold CFD Product | LeapRate
Multi-asset CFD broker Vantage has launched XAUUSD247, a new over-the-counter gold CFD product available 24 hours a day, seven days a week, including weekends.
The move comes as demand for round-the-clock precious metals trading continues to grow and as the CME Group recently announced plans to expand trading of certain gold futures contracts to 24/7.
Vantage said XAUUSD247 is a distinct OTC CFD product and is not linked to CME’s planned offering.
Marc Despallieres, Chief Executive of Vantage, said the product “provides eligible clients with access to gold CFDs beyond standard market hours, supported by transparent product mechanics and clearly defined trading controls.”
XAUUSD247 uses a one-ounce contract size, significantly smaller than the 100-ounce contract size of Vantage’s standard XAUUSD product, making it more accessible for retail traders.
No separate trading commission applies, though the firm cautioned that spreads, financing charges and other applicable costs may be levied. Tiered leverage of up to 100 times is available subject to position size, account type and applicable conditions.
Vantage added that XAUUSD247 is available through MT5, TradingView and the Vantage App, subject to scheduled platform maintenance and regional availability.
The product page is set to go live on 6 July.
