Users participating in Gold Principal Protection Copy Trading may incur bid-ask spreads, trading fees, swap charges, and costs resulting from slippage.
Trading costs directly affect the account balance and actual profit or loss. Before starting copy trading, users should review the latest fee information displayed on the Gold Principal Protection Copy Trading page.
1 Types of Trading Costs
Cost Type | Description |
Bid-ask spread | The difference between the XAUUSD buying and selling prices |
Trading fee | Calculated according to the executed trading volume and the platform’s applicable fee schedule |
Swap charge | A charge that may apply when a position remains open past the daily settlement time |
Three-day swap | A three-day overnight charge used to account for weekend holding costs |
Slippage cost | The difference between the expected price and the actual execution price |
Copy trading-related fees | Strategy service fees, profit sharing, or other fees, if specified in the applicable strategy rules |
Different costs may use different calculation methods and settlement times.
Actual fees are determined by the user’s execution records, account transaction history, and settlement statements.
2 Bid-Ask Spread
The bid-ask spread is the difference between the Ask Price and the Bid Price.
The calculation is:
Bid-Ask Spread = Ask Price − Bid Price
For example:
XAUUSD Bid Price: 3,000.00
XAUUSD Ask Price: 3,000.30
The bid-ask spread is:
3,000.30 − 3,000.00 = USD 0.30
A strategy generally opens a long position at the Ask Price. If that position is closed immediately, it is generally closed at the Bid Price. A position may therefore initially show an unrealized loss caused by the spread, even if the market price has not changed.
The spread is not fixed and may be affected by:
Gold market liquidity
Market opening and closing periods
Major economic data releases
Interest rate decisions
Nonfarm payroll data
Inflation data
Geopolitical events
Rapid market movements
Holiday trading arrangements
Platform pricing and risk controls
The actual spread is determined by the market prices available when the order is executed.
3 Spread Cost Example
Assume:
XAUUSD Bid Price: 3,000.00
XAUUSD Ask Price: 3,000.30
Bid-ask spread: USD 0.30
Trading volume: 0.1 lot
Contract size: 100
The theoretical spread cost is:
0.30 × 0.1 × 100 = 3 USDT
This example is provided only to illustrate how the spread may affect a position.
The actual cost may be affected by the execution price, price changes, slippage, and system calculation precision.
4 Trading Fees
Gold Principal Protection Copy Trading may charge a trading fee based on the actual executed volume.
The general calculation is:
Trading Fee = Executed Trading Volume × Applicable Fee per Lot
The applicable fee per lot, charging currency, treatment of opening and closing transactions, and settlement time are subject to the information displayed on the Gold Principal Protection Copy Trading page.
Trading fees may be charged:
When an opening order is executed
When a closing order is executed
At another settlement time specified by the system
If opening and closing transactions are charged separately, one completed trade may incur both an opening fee and a closing fee.
Users should refer to the actual fee statement in their account. Broker commission rates should not be used to estimate user trading fees.
5 Difference Between User Trading Fees and Broker Commissions
User trading fees and broker commissions are separate items.
Item | User Trading Fee | Broker Commission |
Applicable party | Gold Principal Protection Copy Trading users | Eligible brokers |
How it is generated | Through the user’s executed orders | Through eligible trading activity generated by a broker’s clients or team |
Calculation basis | Executed volume and the applicable fee schedule | Broker level and performance rules |
Fund direction | Deducted from the user’s account | Settled to the broker according to the broker policy |
Where to view it | User order details and fee statement | Broker dashboard or earnings statement |
Broker commissions, profit-sharing arrangements, and strategy subscription earnings associated with the V1 to V10 levels are not separate user charges.
Broker earnings are subject to the official broker policy, the broker dashboard, and the actual settlement results.
6 Swap Charges
If a position remains open past the platform’s daily settlement time, the account may incur a swap charge.
Different rates may apply according to the position direction:
Swap Long applies to long positions
Swap Short applies to short positions
The general calculation is:
Swap Charge = Trading Volume × Contract Unit × Minimum Quote Unit × Swap Rate × Holding Days
Swap rates may be positive or negative and may be adjusted according to market financing costs.
The actual calculation method, rate, and settlement time are subject to the information displayed on the Gold Principal Protection Copy Trading page.
7 Three-Day Swap
The three-day swap accounts for the cost of holding a position over the weekend.
Gold positions are generally subject to the three-day swap on a specified trading day. The reference settlement day is usually Wednesday.
If a user holds a position at the applicable settlement time, the system may calculate three days of swap charges at once.
The actual settlement date, system time, and applicable charge are subject to the information displayed on the Gold Principal Protection Copy Trading page.
8 Effect of Slippage on Trading Costs
Slippage is the difference between the expected price and the actual execution price.
Slippage may increase the trading cost or result in a price that is better than expected.
Slippage is more likely during:
Rapid market movements
Periods of limited market liquidity
Major economic data releases
Market opening or closing periods
Price gaps
Delays between the strategy order and copied order
Large orders that require multiple executions
Activation of stop-loss or trigger orders
Slippage is not a fixed fee charged in advance by the platform. However, it affects the actual execution price and final trading result.
9 Fee Differences Between the Copy Trading Account and Strategy Account
The actual costs incurred by the copy trading account may differ from those of the strategy account.
Possible reasons include:
Different execution times
Different execution prices
Different trading volumes
Changes in the spread
Different slippage
Different holding periods
Different numbers of swap settlements
Some orders failing to copy successfully
The user’s final costs and trading results are determined by the actual execution records and settlement statements in the user’s own account.
10 Copy Trading-Related Fees
Some strategies or campaigns may include additional fees, such as:
Strategy service fees
Profit sharing
Copy trading management fees
Campaign participation fees
Fees caused by early withdrawal or termination
Fees related to principal protection or a loss subsidy
If any such fee applies, the platform will disclose it through the strategy page or applicable campaign rules before the user confirms copy trading.
Before starting, users should review:
Fee name
Fee percentage or amount
Calculation method
Deduction time
Settlement cycle
Treatment of early termination
Whether the fee affects principal protection or loss subsidy eligibility
11 Effect of Fees on Principal Protection
Whether trading costs are included in principal protection or loss subsidy calculations is subject to the applicable strategy or campaign rules.
Users should confirm whether the following items are included:
Spread costs
Trading fees
Swap charges
Losses caused by slippage
Early termination fees
Strategy service fees
“Principal protection” does not mean that the platform will reimburse all trading costs.
Users should read the official principal protection and loss subsidy rules before participating.
12 How to View Trading Costs
Users may review fees through:
The Gold Principal Protection Copy Trading product page
The XAUUSD trading parameters page
The strategy details page
The copy trading confirmation page
Order execution records
Account transaction history
Fee statements
Position settlement records
Campaign rules or platform announcements
If the estimated fee displayed on a page differs from the final statement, the actual execution and settlement records will prevail.
13 Important Information
Gold Principal Protection Copy Trading may involve spreads, trading fees, swap charges, and slippage costs.
The applicable trading fee schedule is subject to the product page.
User trading fees and broker commissions are separate items.
Broker-level earnings do not mean that the user must pay an additional fee of the same amount.
Actual spreads may change with market conditions.
Positions held overnight may incur swap charges.
A three-day swap may charge three days of fees at once.
Costs incurred by a copy trading account may differ from those of the strategy account.
Principal protection may not cover all trading costs.
Final fees are determined by the actual execution and settlement records in the user’s account.
All spreads, trading fees, swap charges, copy trading-related fees, charging methods, and settlement rules are subject to the information displayed on the 100X Gold Principal Protection Copy Trading page, the applicable strategy rules, campaign rules, and the system’s actual settlement results.