Risk Do not exceed 20x leverage. It will kill you. Everything above it liquidated on every market tested here.
MOON
Demo simulator
$1,000.00
Markets / Commodities / XAU

Gold Spot (XAU) leverage simulator

20x survived every one of the last 30 sessions on XAU. Nothing above it did. Set a wager and a multiplier up to 1000x on Gold Spot below.

Verdict

At 100x, a 1.0% move against you ends the position. XAU moved that far on 32 of the last 90 sessions.

Warning

20x is the ceiling, and it is not a safe one. Every step up shrinks the move that closes you out: 1.0% at 100x, 0.2% at 500x.

Where you can trade it
Moon lists XAU, and the code MARKET applies on the way in. Opening costs 1 per cent of your wager at every level on the range.Availability checked 2026-08-27.
Open MoonMARKET

Why it moved

XAU put in a 1.49 per cent rise inside its 1.13 per cent normal day, which is an ordinary session for you to size.

X
Gold Spot XAU
twelvedata polled
Open Bet Volume· $0 $0 ·Market sentiment UP ▲ ·

What a move would mean

0.00%
−5%0+5%

Open profit / loss
$0.00
Position value
$0.00

My positions

BetWagerLeverageEntryLiquidation MarkProfit / LossMultiplierAction
No open bets
Measured from 1005 sessions of Twelve Data history ·Updated 2026-09-16 07:24 UTC ·Last bar 2026-09-16

What XAU did to leverage in 12 hours

You saw 0.73 per cent up on XAU inside 12 hours, $4,301.39 to $4,332.78. Your $100 on the XAU long is $100.46 at 2x and $171.97 at 100x. 6 of 18 XAU multipliers did not finish the 12 hours, the last of them 200x short after 7.6 hours. 100x was the highest XAU multiplier left open either way. Before direction mattered the 100x round trip took 1 per cent of your stake and 0.01 per cent of XAU price pays it back, roughly 0.7 per cent of an average session.

Where Gold Spot has been trading

You are pricing XAU at $4,332.78, up 1.19 per cent today and down 1.33 per cent across five sessions. Over three months XAU is up 4.24 per cent. You are buying 2.63 per cent under the 30-session XAU high of $4,449.78, with the low of that run at $3,996.32.

Last$4,332.78
1 session+1.19%
1 month+7.17%
Year to date+0.41%
30d realised vol17.7%
14d ATR1.37%
Worst 30d intraday drop2.01%
Survived every session at20x

How far XAU moves in a session

Realised XAU volatility is 17.7 per cent over 30 sessions and 20.9 per cent over 90, so well behaved for now is the honest label. An ordinary XAU day swings 1.11 per cent either side of flat, and at its worst XAU fell 4.52 per cent below an open in the last 90 sessions.

The multiplier XAU actually survives

You could have carried 20x through all 30 XAU sessions and nothing above it, because 20x dies on a 5 per cent move against you. 0.8 per cent of one-minute XAU bars span the entire 1000x liquidation distance, on a median bar of 0.0043 per cent.

Room and hit rate at every XAU multiplier

LeverageLiquidation distance Sessions it was hitHit rateRound-trip cost vs stake
2x50.0000%0 / 900%1.0%
5x20.0000%0 / 900%1.0%
10x10.0000%0 / 900%1.0%
20x5.0000%0 / 900%1.0%
50x2.0000%14 / 9016%1.0%
100x1.0000%32 / 9036%1.0%
200x0.5000%48 / 9053%1.0%
500x0.2000%57 / 9063%1.0%
1000x0.1000%64 / 9071%1.0%

Max loss distance is one part in the leverage, because Moon closes a wager once it has lost the wager and documents no maintenance buffer. Hit count is the number of the last 90 sessions where the low fell that far below the session open, i.e. where a long opened at the open would have reached its max loss price intraday. Cost is Moon's 1% opening fee, charged on the wager and not on the exposure, so it does not change from one multiplier to the next. A rolling fee applies every 8 hours at a rate Moon does not publish and is not included.

What XAU costs you to open

The XAU entry price is 1 per cent of your wager, which is the same $1 per $100 at 1000x as at 2x. What changes is your room, and an average XAU session covers the 100x liquidation distance 1.4 times over. Carry XAU beyond 8 hours and you pay again at a rate Moon gives no figure for, which is why the 1 per cent is a floor.

XAU leverage questions

What multiplier is realistic on XAU?

20x, the highest XAU multiplier that avoided liquidation on every one of the last 30 sessions. A 5 per cent move against you closes the XAU wager.

What does opening a wager on XAU cost you?

1 per cent of your XAU wager, the same at 2x as at 1000x. Hold XAU past 8 hours and a rolling fee is added at a rate Moon does not publish.

Does 1000x make sense on XAU?

Your max loss price sits 0.10 per cent from entry, which XAU covered on 64 of the last 90 sessions. The length of your XAU hold settles it rather than the 1 per cent fee.

Before you take this to Moon

Everything above is derived from independent third-party market data. Moon prices its own book: the reference price, the spread it quotes, its fee schedule, its funding rate and its liquidation engine are all Moon's, and they will produce a different number from this page.

Every multiplier above is measured on XAU's own last 30 sessions rather than on a market average, so it tells you how leverage behaves on XAU and nothing else. Price your own XAU size on Moon against those 30 sessions before you commit to it.

Open Moon and trade XAU MARKETAvailability checked 2026-08-27.

What this simulator is

Prices come from Twelve Data, an independent market-data vendor, and are indicative. Moon's own reference price, spread, fee schedule, funding and liquidation rules will produce a different result. No money is staked here, no order is routed, and no position exists on any platform. At 1000× leverage a 0.01% difference between this chart and Moon's settlement feed moves the position value by roughly 10% of the stake, so treat every number below as an illustration of mechanics rather than a forecast of outcome.

Leverage arithmetic used

Exposure = stake × leverage. Long P/L = exposure × (mark − entry) ÷ entry. Short P/L = exposure × (entry − mark) ÷ entry. Entry takes the ask for a long and the bid for a short; closing does the reverse, so the spread is charged on the round trip. Liquidation triggers when equity falls to the maintenance margin, i.e. at an adverse move of (1 − leverage × maintenance rate) ÷ leverage.

Jurisdiction

Leverage caps, incentive bans and product classification differ by country. Retail CFD rules in the EU cap equity leverage far below the levels shown in this demo and restrict monetary incentives such as rakeback, so the referral block and the maximum selectable leverage must be gated per market before any page goes live. 18+. Trading leveraged products carries a high risk of losing your capital.

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