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Taurex FAQs

Find answers to all your questions about trading with Taurex.

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Gold24/7

What is Gold 24/7?

Standard gold trading (XAUUSD) closes for the weekend, typically from Friday evening until Sunday evening, server time. Gold 24/7 (XAUUSD247) is a separate gold CFD instrument that lets you open, manage, and close positions every day of the week, including weekends, so you do not have to wait for the standard market to reopen to respond to new information.

What are the trading hours for Gold 24/7?

Gold 24/7 is quoted Monday to Sunday, 00:05 to 23:55, server time (UTC+3). A short daily pause applies at the same time every day, including weekends, for scheduled maintenance. Trading hours can change, so check the platform for the current schedule.

How is the price set when standard gold markets are closed?

Outside standard market hours, Gold 24/7 continues to be quoted using pricing from Taurex’s liquidity providers, based on markets and instruments that remain active during evenings and weekends. This gives a continuously updated price instead of a frozen one. Liquidity outside standard hours is typically lower, which can affect spreads and order execution.

Does Gold 24/7 remove weekend gap risk?

No. It changes how a weekend price move reaches your account; it does not change the size of the move. With standard gold trading, a significant weekend news event can cause Monday’s opening price to jump past a stop-loss level in a single move, closing the position at a worse price than intended. With Gold 24/7, the price keeps updating through the weekend instead of pausing, so stop-loss, take-profit, and margin-call levels can be reached at the levels you set, rather than only at Monday’s reopening. Weekend liquidity is typically lower than during weekday hours, which brings its own execution risk. Continuous pricing is not a way to avoid weekend risk; it is a different way of being exposed to it.

Are Gold 24/7 spreads the same as standard gold?

No. Spreads on Gold 24/7 vary by session and are typically wider than standard weekday XAUUSD spreads. This reflects lower market liquidity outside standard hours, particularly on weekends. The live spread is always shown on the platform before you place a trade.

Is the leverage on Gold 24/7 the same as standard gold?

No. Standard XAUUSD leverage on Taurex is tiered, up to 1:2,000 depending on position size and client classification. Gold 24/7 (XAUUSD247) uses a separate, fixed margin requirement of 2%, equivalent to approximately 1:50 leverage. This lower leverage reflects the added risk of continuous, including weekend, pricing. Leverage increases both potential profits and potential losses, so position size should reflect your own risk tolerance.

Can I use Expert Advisors (EAs) on Gold 24/7, including over the weekend?

Yes. Gold 24/7 runs on MT5 alongside your other instruments, so Expert Advisors, automated scripts, and custom indicators continue running without a Friday session reset.

Am I trading physical gold?

No. Gold 24/7 is a Contract for Difference (CFD). You take a position on the price movement of gold without buying, storing, or taking delivery of physical bullion. Profit or loss depends on the direction and size of the price movement relative to your position.

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