Spread formula
Namibia payment journey: Public lists cannot confirm what is enabled for one profile. Use the authenticated Personal Area (PA) as the live source for methods, limits, fees and processing estimates.
Cash spread = (Ask − Bid) × 100 × lots. A USD 0.40/oz spread at 0.02 lot costs USD 0.80 on entry before commission.
Account comparison
| Account | Cash spread | Round-trip commission |
|---|---|---|
| Standard | Live calculation | 0 separate |
| Pro | Live calculation | 0 separate |
| Raw Spread | Live calculation | USD 7 × lots at published max/rate |
| Zero | Live calculation | USD 11 × lots at current XAUUSD rate |
Observation protocol
- Use same symbol and timestamp.
- Record Bid/Ask.
- Calculate cash spread.
- Add both commission sides.
- Add swap/admin if held.
- Convert to account currency.
When spread changes
News/HMR periods, rollover, reopen and thin liquidity can widen spreads. A calculator estimate may use historical average; the terminal quote is execution evidence.
Funding implication
Choose deposit size from after-cost risk, not advertised “from” spread. Conversion between payment and account currencies can exceed small spread differences.
Official source
Gold commission/specification · Spread behavior
Frequently asked questions
Is gold spread fixed?
No. It changes with market conditions.
Is commission included in spread?
No. Add Raw/Zero commission separately.
How much exposure is 0.01 lot?
One nominal ounce. Verify the current Namibia Personal Area method, ownership, limits, currency, status and supporting evidence first.
Which quote proves execution cost?
The live terminal Bid/Ask at that timestamp.