GTLot
A simple way to measure and benchmark trading volume
What is the GTLot?
The GTLot, exclusively developed by FXGT.com, serves as a bespoke unit to measure and benchmark the trading volume of a client’s trading account, across every asset class.
The purpose of the GTLot is to standardize trading volume measurement for all financial instruments and asset classes, whilst offering a straightforward solution for comparing instruments directly. It addresses the challenge posed by the wide variety of CFD instruments in the market, converting the intricate differences in contract size, denomination, and nominal values into one unified measure for easy comparison.
1 GTLot = 100,000 USD of trading volume
Understanding GTLot
GTLot converts trading volume into USD, and standardizes 1 GTLot as equivalent to a trading volume of 100,000 USD.
*EURUSD
手數
1基本貨幣:
EURcontract_size
EUR 100,000價格
1.1026基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
1.103* USDJPY
手數
1基本貨幣:
USDcontract_size
USD 100,000價格
146.4045基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
1* GBPUSD
手數
1基本貨幣:
GBPcontract_size
GBP 100,000價格
1.31622基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
1.316** XAUUSD
手數
1基本貨幣:
USDcontract_size
100 oz價格
1995.71基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
1.996** #AAPL
手數
1基本貨幣:
USDcontract_size
100 Shares價格
225.66基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
0.226** US100
手數
1基本貨幣:
USDcontract_size
1 US100價格
19833.775基本貨幣
兌美元價格
交易量
(美元計*)
gtlot
0.198*USD Volume Calculation = Lots x Contract Size x Base Currency to USD Price
** USD Volume Calculation = Lots x Contract Size x Price x Base Currency to USD Price
GTLot Calculator
1 GTLot = 100,000 USD of trading volume
Use our handy tool to calculate the USD trading volume and GTLot size based on the instrument and Lot size selected.
110265
交易量(美元計)
1.103
GTLot
How are GTLots used?
Benchmarking
As a daily, weekly, and lifetime trading performance indicator to calculate trading volume.
They can act as a trading performance indicator on the Dashboard, allowing the trader to find out in a quick and simple way exactly how much overall volume they are trading with in their account.
Promotions
As a target or performance metric in promotions, campaigns, and competitions.
They can be used as a target or performance metric in promotions, campaigns, and competitions. For example, in a trading promotion, participants might be asked to trade X GTLots to be eligible for or a competition or win a prize.
Requirements
As a maintained trading requirement, e.g., to be eligible for FXGT.com VIP Services.
They can be a trading requirement that needs to be maintained, e.g., monthly trading volume of 5 GTLots, to be eligible for FXGT.com VIP Services.
Frequently Asked Questions
The GTLot is an innovative unit, specially designed by FXGT.com for measuring and benchmarking the trading volume of a client’s Live Trading Account across all CFD instruments and asset classes. The GTLot was created with the purpose of unifying the diversity of the contract size, the denomination, and the nominal value of all available CFD instruments into a single standardised unit.
It works by converting the overall trading volume of an account to USD and by standardising 1 GTLot to be equal to 100,000 USD of trading volume.
Clients can view the volume(s) of each of their Live Trading Account’s in GTLots from the Client Portal Dashboard.
To calculate the volume in GTLots we use the following formula:
- Volume in USD = Lot X Contract Size X Market price (converted to USD)
- GT Lots = Volume in USD/100,000
Example 1:
Using BTCUSD as an example:
If trading BTCUSD with 1 standard lot, where the contract size is 1, and the market price is quoted as 40,000 USD.
Volume is USD = Lot * Contract size * Market price (converted to USD)
Volume is USD = 1 * 1 * 40,000 = 40,000
Then:
GTLot = Volume in USD/100,000
GTLot = 40,000/100,000 = 0.4 GTLots.
Example 2:
Using the stock of Apple (#AAPL) as an example:
If trading #AAPL with 1 standard lot, where the contract size is 100, and the current price is 2,000 USD.
Volume in USD = Lot X Contract Size X Market price (converted to USD)
Volume in USD = 1 * 100 * 2,000 = 200,000
Then:
GTLot = Volume in USD/100,000
GTLot = 200,000/100,000 = 2 GTLots.
GTLots are used by FXGT.com only for benchmarking, promotional, and marketing purposes.
They can act as a trading performance indicator on the Dashboard, allowing the trader to find out in a quick and simple way exactly how much overall volume they are trading with in their account.
Furthermore, GTLots can be used as a target or performance metric in promotions, campaigns, and competitions. For example, in a trading promotion, participants might be asked to trade X GTLots to be eligible for or a competition or win a prize.
In a similar manner, GTLots can be a trading requirement that needs to be maintained, e.g., monthly trading volume of 5 GTLots, to be eligible for FXGT.com VIP Services.
No, the GTLot concept was created by FXGT.com as a new, additional method to measure and compare trading volume across instruments and asset classes. It does not substitute the traditional concept of lots or standard lots in any way.
* Disclaimer: GTLot is an original and unique method of measuring trading volume across all instruments and/or asset classes, developed by the Company solely for benchmarking, promotional and marketing purposes. GTLot is an indication of the trading volume of accounts registered only with the Company and does not in any way substitute standard lots, nor can a client trade any asset in the markets by using GTLot.