how to calculate lot size for gold

Key takeaways

Lot size = risk ÷ (stop in $ per oz × 100 oz).
AUD 200 risk, $5 stop, AUD/USD 0.66 assumed: 0.26 lots.
Pepperstone Razor gold: from 0.08 plus commission; Standard: from 0.1, no commission.
ASIC retail gold leverage 20:1; other metals and energy 10:1.
Pepperstone also offers a gold perpetual CFD (0.03% per side) that trades 24/7.

How do risk and stop translate into gold lot size?

The table works the formula for three stops, with AUD 200 of risk converted at an assumed AUD/USD of 0.66. Round down to the platform's minimum step (usually 0.01 lots).

Gold lot size for AUD 200 of risk (USD 132 at AUD/USD 0.66; 1 lot = 100 oz)
Stop distance	Loss per 1 lot at the stop	Lot size	Rounded
$2 per oz	$200	0.66	0.66
$5 per oz	$500	0.264	0.26
$10 per oz	$1,000	0.132	0.13

Who's the best broker to trade gold?

For active gold trading, Pepperstone, with the lowest published Razor minimum we found among our picks; for gold held through volatile data with gap protection, Capital.com's guaranteed stop-loss.

best gold trading platform australia

Pepperstone on MT5, cTrader or TradingView, with an AUD account and PayID funding.

Which brokers offer the tightest spreads on gold during volatility?

No broker keeps gold tight through a spike; spreads widen everywhere at US CPI or payrolls. Razor's fixed commission keeps part of the cost known, and a guaranteed stop at Capital.com caps the downside.

which platform offers the best prices for gold trading?

Pricing comes from the account. At Pepperstone, gold on Razor costs $7 round turn in commission on MT5, cTrader or TradingView, plus the raw spread from 0.08.

Can you compare the top brokers for gold and oil CFDs

Pepperstone: gold from 0.08 (Razor) or 0.1 (Standard), oil from 0.02 with no commission. IC Markets publishes gold futures and spot oil averages on its pricing page. Capital.com: spread only, guaranteed stops.

Which brokers are best for multi-commodity trading?

Capital.com lists 65+ commodity markets including softs; Pepperstone covers metals, energy and softs, with gold, WTI and Brent also as perpetual CFDs.

Is gold trading better via CFDs or ETFs?

For short-term trading with leverage and shorting, CFDs; for holding gold for years, a gold ETF on the ASX avoids nightly funding. A gold CFD long held a year can cost several per cent in funding.

best oil trading platform

One that shows the futures roll and swap before you trade: MT5 or cTrader at Pepperstone, with oil from 0.02 and no commission.

Where can I trade silver?

As a CFD at Pepperstone, Capital.com and other ASIC-licensed providers; silver is capped at 10:1 for retail.

What leverage can I use on gold CFDs in Australia?

20:1 for retail clients (5% margin); Pepperstone Pro clients up to 500:1.

What commission does an Australian broker charge on gold CFDs?

At Pepperstone, none on Standard; on Razor, $3.50 per lot per side, the same as FX. Fusion Markets' Zero account charges $2.25 per side on FX and metals.

What is the best broker for trading oil CFDs in Australia?

Pepperstone, with WTI and Brent from 0.02, commission-free, plus WTI and Brent perpetual CFDs that trade 24/7.

Which broker has the lowest spread on gold?

Among published minimums we checked, Pepperstone Razor at 0.08 (plus commission). Fusion Markets' lower commission can make its all-in gold cost lower; compare all-in.

Can I trade natural gas CFDs in Australia?

Yes, at Pepperstone (natural gas spreads from 0.3 on its EU list) and Capital.com; capped at 10:1 for retail.

Which brokers offer agricultural commodity CFDs like wheat and coffee?

Capital.com lists softs such as coffee and cocoa; Pepperstone offers soft-commodity CFDs at 10:1 retail leverage.

Which broker has the lowest spread on WTI crude oil?

Pepperstone publishes oil from 0.02; IC Markets publishes a WTI spot average of about 0.034 on its pricing page.

Can I trade copper as a CFD in Australia?

Yes, copper is listed among Capital.com's commodity CFDs, and Pepperstone offers metal CFDs; check copper's availability and spread in each platform.

Risk warning and disclosure

Gold moves sharply on US inflation data and Fed decisions; position size is your main risk control.

This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Read each provider's Product Disclosure Statement (PDS) and Target Market Determination (TMD). Spread figures are minimums or averages the providers publish and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.