Oil, Gold & more – Trade on the world’s major commodities with a CFD.
What Is a Commodity
Why Trade Commodity CFDs with Trade360?
A commodity is quite simply an asset or service that has some physical utility. Its units are grade standardised, which allows for the interchangeability of one unit for another. And in most cases, commodities are raw materials, physical resources and agricultural or mining products, like metals or fuels. Physical commodities are traded at specialised exchanges – the Chicago Board of Trade and Euronext for agriculture, the Intercontinental Exchange for oil and natural gas, COMEX, Bombay and the London Metal Exchange for gold, silver and other metals, The Tokyo Commodity Exchange for metals and energy, Nairobi for coffee, and so on. Or you can simply trade on a CFD without leaving home. Clearly, you’ll only be able to trade on a commodity CFD when a relevant exchange is open, but the leverage, the spreads and the convenience will more than make up for the need to invest in a warehouse. Learn More
Trading oil and gold requires either huge warehouses to store the barrels or huge amounts of money to compete with the world’s major gold traders. With Trade360, you can bypass all that by simply trading CFDs. With a CFD there’s no need to actually buy the physical commodity. Instead, you’re simply trading on the asset’s price evolution. And that means investing in the asset no matter which way the price is going: if you think it will rise – go long; if you think it will fall – go short. We’ll leverage your investment, and you’ll be trading with a broker who’s regulated in Europe and Australia – an important factor when entering the world’s volatile commodity markets. Learn More
FAQ’s: Commodity CFDs
What are commodities?
Commodities are defined as a raw material or agricultural product that is usually bought in standardized units and in bulk. They are popular trade assets because supply and demand are relatively transparently gauged based on fundamental data and world events.
What kind of commodity CFDs can I trade with Trade360?
Trade360 has the option to trade many commodity CFDs – from oil and gold to gas and silver, to name but a few.
How can I tell when commodity CFD contracts expire?
Before finalising every transaction your screen will display all relevant data – purchase amount, purchase price, target price and of course – expiry date for the commodity in question.
I bought $2000 worth of gold CFDs, do I now get a gold bar?
Well, no – you did not purchase the actual gold bar, or real gold for that matter – in CFD trading what you did was actually indicate how well (or poorly) you think a certain underlying commodity will do over a certain period of time.