CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

67% of retail investor accounts lose money...

FXCM Contract Sizes: A Quick Guide

When trading with FXCM, it's essential to know exactly what one contract represents—whether it's gold, oil, forex, or indices. To save you time and confusion, here's a clear and simplified breakdown of what one contract equals across FXCM's most popular instruments.

Forex

1 contract = 1,000 units of base currency (micro lot).
Example: 1 contract for EUR/USD = €1,000

Commodities

Gold (XAU/USD): 1 contract = 1 ounce
Silver (XAG/USD): 1 contract = 1 ounce (varies by broker/platform)
USOil / UKOil: 1 contract = 10 barrels

Indices

FXCM uses fractional contract sizes for index CFDs. The multiplier (which determines how much value each contract controls per point) varies by instrument:
- Examples:
  - US30 = 0.1 of the Dow
  - SPX500 = 1 unit of the S&P 500 (FXCM uses a multiplier of 1 for SPX500)
  - GER30 = 0.1 of the DAX