Overview

STARTRADER, a global multi‑asset brokerage, announced the launch of a continuous‑trading gold CFD product. The new contract, identified by the ticker XAUUSD247, will enable traders to react to price‑moving events at any time, including periods when conventional exchanges are closed.

Product Details and Availability

The XAUUSD247 contract becomes accessible on MetaTrader 5 platforms from 21 August. A rollout to STARTRADER’s web‑based platform and mobile app is scheduled for early September. The broker indicated that the new offering will sit alongside its standard XAUUSD contract, but eligibility will vary according to the client’s account tier, classification, and geographic location. Specific criteria and any regional restrictions have not been disclosed publicly.

Background and Rationale

Earlier in the year, STARTRADER introduced a 24/5 trading window for twenty of the most heavily traded U.S. equities, citing rising demand for extended hours in the equity space. The firm now extends that philosophy to precious metals, arguing that gold’s price is highly sensitive to news that can occur at any hour. CEO Peter Karsten explained that gold reacts to events that do not wait for the start of the next trading day, and the new contract supplies quoted prices throughout those off‑hours.

Industry Context

STARTRADER’s move mirrors a broader industry trend toward non‑stop market access. Less than a month prior, Scope Prime launched 24/7 liquidity for Brent and WTI crude oil CFDs, complementing its existing around‑the‑clock precious‑metal offering. Other brokers already provide uninterrupted gold trading, including Vantage, XM, eToro, and ThinkMarkets. Additionally, CMC Markets and FxPro operate weekend markets for XAU/USD, giving traders extra flexibility.

Implications for Traders

The introduction of XAUUSD247 is positioned as a tool for active participants who wish to stay engaged during news releases, geopolitical developments, or other catalysts that influence gold prices outside regular market sessions. By offering a dedicated after‑hours product, STARTRADER aims to retain high‑frequency traders and align with the growing expectation that brokers should support continuous trading across asset classes.