Commodities
Gold, silver, oil, natural gas and more as CFDs: follow the big themes of the world economy, with no physical delivery.
Commodity CFDs
Commodity CFDs track the price of the underlying — often the most traded futures contract — without you having to buy or store anything. You can go long or short.
When the CFD tracks a futures contract, at expiry the position may be closed or rolled to the next contract with a price adjustment: details are in the instrument specifications.
What you can trade
| Instrument | Type | Max leverage | Typical spread |
|---|---|---|---|
| precious metal | 1:20 | to be confirmed | |
| precious metal | 1:10 | to be confirmed | |
| precious metal | 1:10 | to be confirmed | |
| energy | 1:10 | to be confirmed | |
| energy | 1:10 | to be confirmed | |
| energy | 1:10 | to be confirmed | |
| industrial metal | 1:10 | to be confirmed | |
| agricultural | 1:10 | to be confirmed | |
| agricultural | 1:10 | to be confirmed |
Sample list: available instruments and their specifications are listed in MetaTrader 4.
At a glance
- Max leverage — gold
- 1:20
- Max leverage — other commodities
- 1:10
- Hours
- Mon–Fri, almost 24 hours with a daily break
- Minimum size
- to be confirmed
- Spread
- variable
- Swap
- yes
Leverage limits set by ESMA measures for retail clients.
What moves prices
Supply and demand
Production, inventories and decisions by major producers, such as OPEC+ for oil.
US dollar
Almost all commodities are priced in dollars: a stronger dollar tends to weigh on prices.
Safe haven
In uncertain times gold attracts those seeking protection from inflation and crises.
Seasons and weather
Natural gas and agricultural products are affected by seasons, weather and harvests.
Live prices
Indicative prices provided by TradingView: they may differ from the platform prices.
CFDs are leveraged products: losses can quickly exceed the capital you commit to a position. Before trading, make sure you understand how they work and only use money you can afford to lose.
