GTLot

A simple way to measure and benchmark trading volume

What is the GTLot?

The GTLot, exclusively developed by FX.BTCC.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.

*BTCUSD

Lot 1

Base Currency BTC

Contract Size BTC 1

Price 118701.415

Base Currency
To USD Price 118,701.41500

Volume In USD* 118701.415

GTLot 1.187

*EURUSD

Lot 1

Base Currency EUR

Contract Size EUR 100,000

Price 1.17505

Base Currency
To USD Price 1.17505

Volume In USD* 117505

GTLot 1.175

* USDJPY

Lot 1

Base Currency USD

Contract Size USD 100,000

Price 146.597

Base Currency
To USD Price 1.00000

Volume In USD* 100000

GTLot 1

* GBPUSD

Lot 1

Base Currency GBP

Contract Size GBP 100,000

Price 1.35453

Base Currency
To USD Price 1.35453

Volume In USD* 135453

GTLot 1.355

** XAUUSD

Lot 1

Base Currency USD

Contract Size 100 oz

Price 1995.55

Base Currency
To USD Price 1.00000

Volume In USD* 199555

GTLot 1.996

** #AAPL

Lot 1

Base Currency USD

Contract Size 100 Shares

Price 214.11

Base Currency
To USD Price 1.00000

Volume In USD* 21411

GTLot 0.214

** US100

Lot 1

Base Currency USD

Contract Size 1 US100

Price 23249.35

Base Currency
To USD Price 1.00000

Volume In USD* 23249.35

GTLot 0.232

*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.

Lot Size

16.69

1979051.465

Volume in USD

19.791

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 FX.BTCC.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 FX.BTCC.com VIP Services.

Frequently Asked Questions

What is the GTLot?

The GTLot is an innovative unit, specially designed by FX.BTCC.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.

Where can I view GTLots?

Clients can view the volume(s) of each of their Live Trading Account’s in GTLots from the Client Portal Dashboard.

How is a GTLot calculated?

Para calcular el volumen en GTLots utilizamos la siguiente fórmula:

Volumen en USD = Lote X Tamaño del contrato X Precio de mercado (convertido a USD)
GTLots = Volumen en USD/100,000

Ejemplo 1:

Usando BTCUSD como ejemplo:

Si se opera el BTCUSD con 1 lote estándar, donde el tamaño del contrato es 1 y el precio de mercado se cotiza en 40,000 USD.

Volumen en USD = Lote * Tamaño del contrato * Precio de mercado (convertido a USD)

Volumen en USD = 1 * 1 * 40,000 = 40,000

Entonces:

GTLot = Volumen en USD/100,000

GTLot = 40,000/100,000 = 0.4 GTLots.

Ejemplo 2:

Usando las acciones de Apple (#AAPL) como ejemplo:

Si opera con #AAPL con 1 lote estándar, donde el tamaño del contrato es 100 y el precio actual es 2000 USD.

Volumen en USD = Lote X Tamaño del contrato X Precio de mercado (convertido a USD)

Volumen en USD = 1 * 100 * 2000 = 200,000

Entonces:

GTLot = Volumen en USD/100,000

GTLot = 200,000/100,000 = 2 GTLots.

What are GTLots useful for?

GTLots are used by FX.BTCC.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 FX.BTCC.com VIP Services.

Does a GTLot replace standard lots?

No, the GTLot concept was created by FX.BTCC.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.