Gold Trading (XAUUSD) on Exness Platform

Gold trading (XAUUSD) on Exness is a top choice for Vietnamese traders due to its tight spreads starting at 0.0 pips, high leverage up to 1:2000, and reliable platforms like MetaTrader 4, MetaTrader 5, and the Exness Trade app. These features make Exness suitable for both short-term scalpers chasing quick price movements and long-term investors betting on gold’s value as a safe-haven asset. Exness ensures fast execution, low-cost trading, and access to real-time market data, helping traders capitalize on gold’s volatility driven by global economic events. With local payment options like Vietcombank and 24/7 Vietnamese support, Exness caters well to Vietnam’s trading community. 

Exness Gold Trading Conditions

Exness provides competitive conditions for trading XAUUSD, with low spreads and high leverage options. Its fast execution and multiple account types cater to different trading styles.

Exness XAUUSD Spreads and Leverage

Exness offers XAUUSD spreads starting at 0.0 pips on Raw Spread and Zero accounts, with leverage up to 1:2000 across most accounts. High leverage allows smaller accounts to trade larger positions, but it increases risk significantly.

Low spreads on Raw Spread and Zero accounts benefit frequent traders, while Standard and Standard Cent accounts suit beginners due to their simplicity and no-commission structure. The Pro account offers a balance of lower spreads and no commissions for experienced traders. Use risk management tools like stop-loss orders to control high-leverage trades and practice on a demo account to test your strategy.

Gold Market Hours for Vietnam Traders

Gold (XAUUSD) trading on Exness is available 24/5, from Monday 1:00 AM to Friday 11:59 PM (GMT+7, Vietnam time). The market is most active during London and New York session overlaps (7:00 PM to 2:00 AM Vietnam time), offering higher volatility and trading opportunities. Avoid trading during low-liquidity hours (late Asian session) to minimize slippage. Check Exness’s trading schedule for holiday closures to plan your trades.

Gold Trading Strategies

Gold’s volatility makes it ideal for various trading strategies. Exness’s platform supports both short-term and long-term approaches, depending on your goals.

Scalping Gold on Exness

Scalping XAUUSD on Exness involves quick trades to capture small price movements, often using Raw Spread or Zero accounts for low costs. High leverage (1:2000) and fast execution suit scalpers targeting 5-10 pip moves during volatile sessions like London-New York overlaps. Practice on a demo account to test entry/exit timing and manage risks with tight stop-losses.

Long-term Positions

Long-term gold trading on Exness focuses on price trends driven by economic factors like inflation or USD strength. Standard accounts with no commissions are cost-effective for holding positions over weeks or months. Monitor global news and use Exness’s economic calendar to track events impacting gold prices, such as Federal Reserve announcements.

Best Exness Account for Gold

The Raw Spread account is the best choice for gold trading on Exness due to its low spreads (0.0-0.3 pips) and $3.5/lot/side commission, ideal for scalpers and frequent traders. Beginners may prefer the Standard account for its no-commission structure and lower risk, though spreads are higher (1.9-2.5 pips). Test both accounts via demo to match your trading style and budget.

Market Analysis Tools

Exness offers robust tools for gold market analysis, including MetaTrader 4/5 with advanced charting, indicators like RSI and Bollinger Bands, and an economic calendar for tracking gold-related events. The Exness Terminal provides real-time price updates and mobile access, helping traders in Vietnam stay informed. Combine technical indicators with news analysis for better trade decisions, and practice using tools on a demo account first.