Commodities

Many people all over the world are trading commodities such as Oil, Gold and Silver. In addition to the Indices, share and Forex pairs that we offer, we also provide a variety of commodities which can all be traded from one individual trading account. With iFOREX you can trade commodities in the form of a CFD with leverage (where permitted by local regulations) and take advantage of market trends.

What Are CFD Commodities?

Commodities traded on stock exchanges can be anything that is consumable on an international scale. They can be metals that are used for jewelry, construction, medical tools, and much more. They can be basic agricultural produce that is literally part and parcel in the diet of billions. They can be different elements mined from the ground, especially oil, with its specific value subjected to OPEC+.

Commodities can be traded as CFDs (contracts for difference). This means you don't need to have the actual gold bars or oil barrels on hand, but you can trade by forecasting the value of it., if it will go up (buy) or down (sell) instead. The CFD mimics the difference of the actual instrument, commodities in this case, and presents gains or losses accordingly.

Commodities Exchange Rate

For your convenience please find below the live rates of the most popular commodities:

Rates are according to the sell price of the commodity
For a full list of the Commodities that you can trade at iFOREX, please click here.

CFD Commodity Trading

Contracts for difference (CFDs) allow individual investors to trade an array of financial products such as indices and commodities without having to physically own them. CFDs mirror price movements of popular traded products, usually of future contracts, and allow individual investors to use common trading tools, such as technical analysis, fundamental analysis and well known strategies to take advantage of potential market trends.

CFDs have become a popular form of investment amongst individual investors as they allow the use of leverage. This results in maximizing your purchasing power by up to 400 times while only risking your initial investment.

Features of Commodity Trading Online

• You get access to a variety of well known commodities without having to physically purchase them.
• Maximize your portfolio’s potential by using leverage on commodities of up to 400:1 (where permitted by local regulations).
• Cut your portfolio’s expenses by opening deals on commodity CFDs with competitive spreads.

Summary

Commodities can act as great CFDs to trade in as they provide a way to balance a portfolio when forex currency pairs get volatile. Experienced traders go to commodities, and specifically to metals, when economies struggle with high inflation and raising costs for example. Commodities' values can change with how traders, including large investment banks, see them as a way to withstand bearish markets.

Furthermore, consumption for personal on an international scale can affect prices. For instance, oil is always on the news, making it easier to follow when check the news about oil production and consumption. It is wise to stay updated on the iFOREX economic calendar and other sources to be able to forecast commodity consumption, and in turn, how their values while change.

To learn more on trading in commodities, go on the iFOREX commodities page.