One volatile session in gold can cost more than a year of…
By PressRelease
AI summary of the source article
Widening gold spreads during volatile sessions can cost brokers more than a full year of commission savings. With metals accounting for over 60% of broker CFD volume in H1 2025, execution spread costs significantly outweigh headline commission rate reductions.
Why it matters
Passing wider spreads on to clients does not eliminate the cost: "either the wider spread eats into the broker’s markup, or clients get worse prices in the very session they trade most."
Key facts
- Metals accounted for more than 60% of broker CFD volume in the first half of 2025, while currencies dropped to 13.7% in Q2 2026.
- On $1 million of gold notional, 30 cents of extra spread in one volatile session costs about $71, equaling seven round turns of commission.
- Match-Prime recorded an average XAUUSD spread of 12.5 cents during the 2 October 2026 payrolls release.
Source excerpt · FinanceFeeds
A commission per million is the price of a quiet day. One volatile session can cost a broker more in spread than a year of the commission it switched to save. By Match-Prime Commission is the one liquidity cost that arrives in writing, so it is the one brokers compare, and the bigger cost goes unnoticed. Take a hypothetical broker that hedges $200 million of gold a month. Cutting its commission by…