Gold Trading Cost Analysis — Nigeria
What a gold (XAU/USD) trade actually costs at Exness — the spread in dollars per ounce, commission by account type and the overnight swap.
Open Exness Account →Spreads may fluctuate and widen depending on liquidity, news and market conditions. Same London–New York hours, both feeds in $ per ounce.
The cost of a gold trade at Exness is the spread plus, on Raw Spread and Zero accounts, a commission. XAU/USD spreads are quoted in dollars per ounce and one lot is 100 ounces, so a $0.30 spread works out at about $30 per lot. Standard and Pro accounts add no commission at all, Raw Spread charges up to $3.50 per side per lot and Zero from $0.20 per side. A position held past the daily rollover also pays or receives an overnight swap unless the account is swap-free.
Measured: the gold spread on a Standard account
Across the same London–New York hours, the measured XAU/USD spread on an Exness Standard account was $0.24 per ounce, against $0.57 on an independent interbank reference feed — about 58% tighter. This is a live measurement, re-taken on a schedule (latest reading 2026-07-28), and this block is shown only while the measured spread stays below the reference.
Spreads may fluctuate and widen depending on liquidity, news and market conditions.
Full numbers: live spreads · trading costs · spread stability.
Where the cost of a gold trade sits
- The XAU/USD spread is quoted in dollars per ounce and one lot is 100 ounces, so a spread of $0.30 per ounce costs about $30 on a one-lot position and about $3 on 0.10 lots.
- Standard and Pro accounts pay no separate commission on gold — the spread is the whole trading cost.
- Raw Spread and Zero accounts charge commission instead: up to $3.50 per side per lot on Raw Spread and from $0.20 per side on Zero, in exchange for a raw spread.
- A gold position held past the daily rollover pays or receives an overnight swap, unless the account is swap-free (Islamic).
- Cost scales with trade size, not with the account balance: the same spread on 0.01 lots is about one hundredth of the one-lot figure.
- The XAU/USD spread on a Standard account is measured hour by hour on the live spreads page, so the current figure can be checked against an interbank reference before a trade is placed.
Cost of one XAU/USD lot by account type
| Account | Spread | Commission | What drives the cost |
|---|---|---|---|
| Standard | Spread only | $0 | Spread in $ per ounce |
| Pro | Spread only | $0 | Spread in $ per ounce |
| Raw Spread | Raw spread | up to $3.50 per side per lot | Raw spread plus commission |
| Zero | Raw spread | from $0.20 per side | Raw spread plus commission |