Risk Warning: Trading CFD products carries a high level of risk and may not be suitable for all investors.

XPTUSD · Spot metal CFD

Trade Platinum XPT/USD

Trade Platinum against the US dollar (XPTUSD) on Mega1 or MetaTrader 5. Go long or short without buying, storing or taking delivery of physical metal.

Maximum leverage
Up to 40:1*
Minimum trade
0.01 lot
Contract size
100 oz

*Exposure-based margin bands apply incrementally per symbol. Metal CFDs are leveraged derivatives; availability depends on account, platform and jurisdiction.

XPT/USD

XPTUSD · Platinum / US Dollar

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XPT/USD · Metals

What is XPTUSD? Platinum priced in US dollars.

XPTUSD is the market price of one troy ounce of Platinum quoted in US dollars. A rising price means Platinum is gaining value against USD; a falling price means it is losing value against USD.

Symbol
XPTUSD
Minimum price increment
0.01
Price precision
2 digits
Profit currency
USD
Minimum volume
0.01 lot
Volume step
0.01 lot
Market definition

Platinum and the XPT code

XPT is the market code for platinum. XPTUSD quotes one troy ounce of platinum in US dollars, while one XBTFX standard lot represents 100 troy ounces.

Market drivers

What can move XPTUSD

Platinum can respond to automotive, industrial and jewellery demand, mine supply, substitution with palladium, US-dollar moves and expectations for hydrogen-related applications.

CFD mechanics

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.

Two pricing choices

Compare XPTUSD spreads and trading costs.

Compare account types
Π

Raw pricing

Pro

Variable raw spread

Metal CFD commission
USD 2.75 / USD 100k
Platforms
Mega1 & MetaTrader 5
Σ

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 XPTUSD leverage and margin bands work.

XPTUSD 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
XPTUSD margin schedule Published schedule
Additional notionalLeverageMargin
$0–$100K40:12.50%
$100K–$1M20:15.00%
$1M–$5M8:112.50%
$5M–∞4:125.00%

USD notional bands applied per symbol. The live platform specification remains authoritative.

Contract details

XPTUSD 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
−70.95 points
Swap short
−25.6 points
Three-day swap
Friday
Published session
00:00–24:00 platform time
Open full XPTUSD specifications

Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.

Plan a scenario

Calculate a XPTUSD trading scenario before you trade.

For XPTUSD, 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 XPT/USD calculator

Where to trade

Trade Platinum your way.

Access XPTUSD through Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.

XPT/USD FAQ

Understand Platinum trading before opening a position.

What is XPTUSD (XPT/USD)?

XPTUSD is Platinum 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 Platinum when I trade XPTUSD?

No. XPTUSD is a leveraged CFD, not a purchase of bullion. It provides price exposure but no ownership, storage claim or delivery right over physical Platinum.

What moves the XPTUSD price?

XPTUSD 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 XPTUSD?

XPTUSD 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 XPTUSD 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.

XPT/USD at XBTFX

Ready to trade Platinum against the US dollar?

Open an XBTFX account, choose Pro or Standard pricing, and access XPT/USD on a supported platform. Metal CFDs are high-risk leveraged products.

Open an account
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