For XAU/JPY commission costs: XAU/JPY uses whole number pip pricing. Contract size: 100 units. Typical spreads: 35-50 pips.
Frequently Asked Questions
How much commission will I pay trading XAU/JPY?
Commission on XAU/JPY depends on your broker and account type. ECN brokers typically charge $3-7 per standard lot round turn, while market makers include costs in spread.
Should I choose low spread or low commission for XAU/JPY?
Compare total cost: spread cost + commission. For XAU/JPY, calculate both and choose the lower total. ECN is often cheaper for larger volumes.
How does commission affect my XAU/JPY break-even point?
Commission adds to your break-even on XAU/JPY. If commission equals 0.7 pips and spread is 1 pip, you need 1.7 pips of movement to break even.