Wangwang Gold Industry

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Overnight Interest

The holding fee, also known as overnight interest, is charged when a position in a trading product you hold extends past the settlement time (5:00 a.m. GMT+8 during Daylight Saving Time; 6:00 a.m. GMT+8 during Standard Time). The platform will charge your account the corresponding overnight interest for that product.


Calculation formula: Closing price * Contract Size * Lot Size * Days Held * Annual Interest Rate / 360 days


Annual Overnight Interest Rate: -1.25% for long positions; -0.75% for short positions.


The platform does not charge any hidden fees. All charges are clearly itemized, and all fund transactions within your account are fully traceable, allowing you to trade with confidence. If you have any questions, please feel free to contact customer service at any time.

Spread Charges

The standard spread for London Gold is $0.20; the spread cost for trading 1 lot of London Gold starts at $20.


The standard spread for London Silver is $0.02; the spread cost for trading 1 lot of London Silver starts at $60.


Spread charges vary depending on the number of lots traded.


Spread Cost = Standard Spread × Contract Size × Number of Lots


Example: The standard spread for London Gold is $0.20, the contract size is 100 ounces, and 5 lots are traded. The standard spread fee is: $0.20 × 100 ounces × 5 lots = $100.

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