Cost per round turn is the spread in dollars per ounce multiplied by ounces controlled, plus commission per lot; multiply by frequency for the annual bill.
High frequency on gold is expensive because contract size is one hundred ounces, so a 30-cent spread on 0.20 lots is $6.00 every round turn.
A 20-cent gold spread costs about $20 per standard lot on entry alone, and gold spreads widen at the 21:00 UTC rollover and around data releases. Enter your typical spread, commission and monthly trade count to see the cost in cash, in R and as a share of your expectancy.
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