XPTUSD · Spot metal CFD
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.
*Exposure-based margin bands apply incrementally per symbol. Metal CFDs are leveraged derivatives; availability depends on account, platform and jurisdiction.
XPTUSD · Platinum / US Dollar
Powered by Mega1 Platform XPT/USD daily indicative candlestick chart is loading.
XPT/USD · Metals
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.
Car industry
Carmakers are among the biggest buyers of platinum, which cleans exhaust gases in catalytic converters, especially in diesel engines. Vehicle production, emissions rules and the spread of battery-electric cars, which need no catalyst, all shape demand.
Supply
South Africa mines most of the world's platinum, with Russia and Zimbabwe next. Power shortages, strikes or safety stoppages at South African mines can tighten supply quickly.
Investment
Platinum's market is far smaller than gold's, so buying or selling of bars, coins and exchange-traded funds can move it quickly. Priced in dollars, it also reacts to the dollar and at times follows gold.
Hydrogen
Platinum is a key catalyst in hydrogen fuel cells and in some of the electrolysers that make hydrogen from water. Progress or setbacks in clean-hydrogen projects can shift long-term expectations for its demand.
Platinum is open almost around the clock on weekdays, stopping for an hour at the New York close, from 17:00 to 18:00 New York time. As a much smaller market than gold, it trades most in London and New York hours, above all while both are open, from about 8:00 to 12:00 New York time, and outside them spreads can widen. The LBMA Platinum Price is set twice each business day in London.
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
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| 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 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.
Where to trade
Access XPTUSD through Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.
From the blog
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 XPT/USD on a supported platform. Metal CFDs are high-risk leveraged products.
