Different between XAU/USD and XAU/USDm

[kasunrandil]

 what is the meaning if a 'm' letter after currency pair??


ex- XAU/USDm

[_act_]

I do not really understand that, but on the exchanges that I know, USDM is used to represent future trading which you can leverage with stable coins while Coin-M is when you can only use the same asset that you want to trade with to leverage. With USDM, you can leverage with other assets like USDT. It means USD margin.

[Husires]

Are you talking about adding a small "m" letter next to the trading pair, or about the trading pair assigned with the name XAU/USDm ? I found a coin with USDm  but it seems that it is not active so I don't think you will find it listed on any trading exchange.

other than that you can talking about feature market and m is for margin

[Bitcoin_Arena]

what is the meaning if a 'm' letter after currency pair??


ex- XAU/USDm

it would have been better if you had mention and exchange or broker which had such trading pairs but as far as I know the suffix "m" in the exness platform had something to do with the account type - standard account type

So the reward would be calculated differently.

Read more
1. https://exnessblog.com/frequently-asked-questions-faq-of-trading-on-exness-part-3-0001585
2. https://get.exnessaffiliates.help/hc/en-us/articles/360010858660-Standard

[Maus0728]

Just to dumb down what @Bitcoin_Arena have said, the suffix "m" indicates the type of account you are going to use in order to execute a trade of a particular trading pair -- which in this case is associated with  "Standard Account"[1].

In other words, it's just regular trading account that has access to any type of asset with no commission fee as described ny their article.

[1] https://www.exness.com/standard-accounts/