Specification card
instrument decision for Ethiopia: compare the exact symbol by contract size, cash value per price move, trading hours, spread or commission, margin, holding cost and recent volatility before choosing exposure.
| Field | Current reference |
|---|---|
| Contract | 100 oz/lot |
| Minimum volume | 0.01 lot |
| P/L for USD 1 move at 0.01 | About USD 1 gross |
| Raw commission | USD 3.50/lot/side |
| Zero commission | USD 5.50/lot/side |
| Triple swap | Wednesday |
MT5 setup
Use a supported build, connect to the correct MT5 account and server, add the exact XAUUSD symbol and open Specification before creating an order.
Cash sizing
Gross loss equals adverse USD-per-ounce move × 100 × lots. Add spread, both commission sides, holding, conversion and slippage, then round volume down.
Session plan
Convert current breaks and economic events to Ethiopia’s UTC+3. Include a no-entry buffer around rollover, weekly close and scheduled HMR.
Order check
Reconfirm symbol, direction, volume, stop and complete cash loss in the MT5 ticket. A margin estimate is not the loss budget.
Variants
Do not transfer these values blindly to XAUUSD247 or another gold suffix. Treat each as a separate contract with its own schedule and margin.
Frequently asked questions
Do I own gold?
No. Confirm the exact symbol, contract, cost and current account condition before applying this answer in Ethiopia.
What is minimum exposure?
0.01 lot represents one nominal ounce.
What MT5 build is supported?
At least Build 4755 under the current documented requirement.
Is margin the stop loss?
No. Confirm the exact symbol, contract, cost and current account condition before applying this answer in Ethiopia.