XPDUSD · Spot metal CFD
Trade Palladium against the US dollar (XPDUSD) on Mega1 or MetaTrader 5. Go long or short without buying, storing or taking delivery of physical metal.
*Exposure-based margin bands apply incrementally per symbol. Metal CFDs are leveraged derivatives; availability depends on account, platform and jurisdiction.
XPDUSD · Palladium / US Dollar
Powered by Mega1 Platform XPD/USD daily indicative candlestick chart is loading.
XPD/USD · Metals
XPDUSD is the market price of one troy ounce of Palladium quoted in US dollars. A rising price means Palladium is gaining value against USD; a falling price means it is losing value against USD.
Car industry
Most palladium goes into catalytic converters for petrol (gasoline) and hybrid cars. Car sales and tighter emissions rules, which raise the metal needed per vehicle, support demand, while the shift to battery-electric cars, which need none, erodes it.
Supply
Russia and South Africa together mine most of the world's palladium. The risk of sanctions on Russian metal, or power and labour problems at South African mines, can quickly change the supply outlook.
Substitution
Platinum can replace part of the palladium in petrol-engine catalysts. When palladium is far more expensive than platinum, carmakers have a reason to switch, which can weigh on palladium demand over time.
Liquidity
Palladium is one of the smallest precious metal markets, so modest buying or selling can cause large swings. Supply headlines can move it sharply, especially in quiet hours.
Palladium's trading week runs almost around the clock, with a one-hour daily break at the New York close, from 17:00 to 18:00 New York time. It is most active from the London morning through the New York session, and busiest while both are open, from about 8:00 to 12:00 New York time. In quieter hours the market can be very thin, so spreads may widen.
Two pricing choices
Raw pricing
Variable raw spread
All-in spread
Variable all-in spread
Pro commission is USD 2.75 per USD 100,000 traded. Spreads are variable and can widen. Swaps may apply at rollover. Pricing, leverage, account and platform availability can vary.
Exposure-based margin
XPDUSD margin is applied incrementally by total notional exposure in this symbol. Crossing a threshold does not reprice exposure already assigned to lower bands; only additional exposure uses the next rate.
How exposure-based margin works| Additional notional | Leverage | Margin |
|---|---|---|
| $0–$100K | 40:1 | 2.50% |
| $100K–$1M | 20:1 | 5.00% |
| $1M–$5M | 8:1 | 12.50% |
| $5M–∞ | 4:1 | 25.00% |
USD notional bands applied per symbol. The live platform specification remains authoritative.
Contract details
Review contract size, volume, carrying costs and the published trading session before placing a trade. Values are refreshed from the XBTFX specification service.
Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.
Plan a scenario
For XPDUSD, profit or loss is the price change multiplied by 100 ounces per lot and the number of lots, before spread, commission, swaps and currency conversion.
Where to trade
Access XPDUSD through Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.
CFDs are complex instruments and involve a significant risk of loss due to leverage. Prices are indicative and may differ from executable account prices. Consider whether you understand how CFDs work and whether you can afford the risk. Risk Disclosure Notice
Open an XBTFX account, choose Pro or Standard pricing, and access XPD/USD on a supported platform. Metal CFDs are high-risk leveraged products.
