Palladium and the XPD code
XPD is the market code for palladium. XPDUSD quotes one troy ounce of palladium in US dollars, while one XBTFX standard lot represents 100 troy ounces.
XPDUSD · Spot metal CFD
Trade Palladium XPD/USD
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.
XPD/USD
XPDUSD · Palladium / US Dollar
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XPD/USD daily indicative candlestick chart is loading.
XPD/USD · Metals
What is XPDUSD? Palladium priced in US dollars.
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.
- Symbol
- XPDUSD
- Minimum price increment
- 0.01
- Price precision
- 2 digits
- Profit currency
- USD
- Minimum volume
- 0.01 lot
- Volume step
- 0.01 lot
What can move XPDUSD
Palladium prices can react to automotive-catalyst demand, vehicle production, emissions policy, substitution with platinum, concentrated mine supply and changes in the US dollar.
Long or short without physical delivery
A metal CFD provides price exposure without buying bullion. Leverage magnifies both gains and losses, and financing costs can apply to positions held through rollover.
Raw pricing
Pro
Variable raw spread
- Metal CFD commission
- USD 2.75 / USD 100k
- Platforms
- Mega1 & MetaTrader 5
All-in spread
Standard
Variable all-in spread
- Metal CFD commission
- No separate commission
- Platforms
- Mega1 & MetaTrader 5
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
How XPDUSD leverage and margin bands work.
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 XPDUSD margin schedule Published schedule
| 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
XPDUSD contract specifications.
Review contract size, volume, carrying costs and the published trading session before placing a trade. Values are refreshed from the XBTFX specification service.
- Contract size
- 100 oz
- Minimum / maximum volume
- 0.01 lot / 500 lots
- Volume step
- 0.01 lot
- Quote / profit currency
- USD
- Swap long
- −52.24 points
- Swap short
- −21.29 points
- Three-day swap
- Friday
- Published session
- 00:00–24:00 platform time
Open full XPDUSD specifications
Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.
Plan a scenario
Calculate a XPDUSD trading scenario before you trade.
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.
Minimum price increment 1 lot × USD 1 = USD 100 Before trading costs Open XPD/USD calculator
Where to trade
Trade Palladium your way.
Access XPDUSD through Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.
XPD/USD FAQ
Understand Palladium trading before opening a position.
What is XPDUSD (XPD/USD)?
XPDUSD is Palladium quoted against the US dollar. The displayed price represents the USD value of one troy ounce, while one standard XBTFX lot represents 100 ounces.
Do I own physical Palladium when I trade XPDUSD?
No. XPDUSD is a leveraged CFD, not a purchase of bullion. It provides price exposure but no ownership, storage claim or delivery right over physical Palladium.
What moves the XPDUSD price?
XPDUSD can respond to the US dollar, real yields, interest-rate expectations, physical and industrial demand, supply conditions and changes in market risk. Spreads can widen in volatile or thin markets.
How is leverage applied to XPDUSD?
XPDUSD uses published exposure-based margin bands. The schedule is tied to notional exposure in this symbol, not account balance. Only exposure added above a threshold uses the next margin rate.
Can I trade XPDUSD with Pro or Standard pricing?
Yes, subject to account and platform availability. Pro uses a raw variable spread plus USD 2.75 commission per USD 100,000 traded. Standard uses a wider all-in spread without a separate commission line.
XPD/USD at XBTFX
Ready to trade Palladium against the US dollar?
Open an XBTFX account, choose Pro or Standard pricing, and access XPD/USD on a supported platform. Metal CFDs are high-risk leveraged products.
Risk warning
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
