Trading Specifications
Symbol
XALUSD
Contract Size
1
Min Lot Size
1.00
Max Lot Size
1250.00
Lot Step
1.00
Digits
3
Margin
15%
Swap Long
21.92 pts
Swap Short
-121.68 pts
Triple swap day
Wednesday ×3
XAL/USD represents the price of aluminum per tonne quoted against the US dollar, traded as a cash-settled CFD with no expiry date. Aluminum is a critical industrial metal widely used in aerospace, automotive, construction, and packaging industries, making it a key barometer of global economic health and manufacturing activity. The contract trades with significant daily volume, offering liquidity and tight pricing for institutional and retail traders alike.
Aluminum prices are primarily driven by global supply-demand dynamics, industrial production data, economic growth expectations, and geopolitical factors affecting mining and refining. Currency fluctuations, energy costs (particularly electricity for smelting), and inventory levels at London Metal Exchange warehouses also exert substantial influence on XAL/USD valuations. Central bank monetary policy and risk sentiment further impact metal prices as investors rotate between commodities and traditional assets.
At GCC Brokers, XAL/USD is offered with STP execution and no manual intervention, with transparent pricing. You can trade aluminum with competitive spreads across both Zero and Standard account types, with no physical delivery required—all positions are cash-settled. Our regulated platform (FSC Mauritius) provides retail and professional traders direct exposure to global aluminum price movements.
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Access aluminum CFDs with STP execution, no manual intervention, and transparent pricing on GCC Brokers.