From drawdown rules to payout splits — every term you need to understand, master, and pass your challenge.
XAU/USD is the trading symbol for the price of one troy ounce of gold quoted in US dollars. "XAU" is the ISO 4217 code for gold, while "USD" stands for the US dollar. The pair is one of the most actively traded instruments in CFD trading and reacts strongly to interest rates, inflation data and demand for safe-haven assets.
Learn moreXAG/USD is the trading symbol for the price of one troy ounce of silver quoted in US dollars. "XAG" is the ISO 4217 code for silver. Silver is both a precious metal and an industrial commodity, so the pair is influenced by investor demand, industrial production, the strength of the US dollar and overall market sentiment.
Learn moreXTI/USD is a common trading symbol for West Texas Intermediate (WTI) crude oil priced in US dollars per barrel. WTI is the main benchmark for US oil and is offered as a CFD by many brokers and prop firms. Its price is driven by supply and demand, OPEC+ decisions, inventory data and geopolitical events.
Learn moreXetra is the fully electronic trading system of Deutsche Börse in Frankfurt and the leading trading venue for German shares and ETFs. The DAX and other major German indices are calculated based on prices from Xetra. Regular trading on Xetra runs from 9:00 to 17:30 CET.
Learn moreXBT is an alternative ticker symbol for Bitcoin that some exchanges and data providers use instead of BTC. The "X" follows the ISO 4217 convention for currencies that are not issued by a specific country, similar to XAU for gold. On trading platforms, Bitcoin pairs may therefore appear as XBT/USD or BTC/USD.
Learn moreExplore all glossary terms currently grouped under the letter "X".
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