Trade Commodities with Elite FX
Pro
Commodities trading is the
buying and selling of essential assets such as Gold,
Silver and Oil. These commodities are a vital part
of the global economy and are traded on various
exchanges around the globe.
Elite FX offers online commodities trading through Spot and Future contracts. Spot contracts have no expiry and our Future contracts have an auto-roll functionality. This means that you do not have to reopen your trade on the next Future contract and will enjoy continuous charting for your technical analysis.
What is a Commodities Futures Contract?
Commodities are commonly traded as futures contracts
where there are is an agreement to trade a specific
asset at an agreed price and date sometime in the
future. This way, you are able trade the contracts
without having ownership to the underlying
asset.
Some of the top exchanges for commodities
trading include:
- Chicago Mercantile Exchange (CME)
- London Metal Exchange
- ICE Futures Exchange
- Chicago Board of Trade
- ICE Future US
| Symbol Name | Type | Typical Spread (as a decimal) | Margin | Fixed Leverage | Contract Size (1 lot) | Min/Max Clip Size | Trading Hours (GMT) |
|---|---|---|---|---|---|---|---|
| SILVER | Spot | Differs per Account Type | $1000 per lot | N/A | 5000 Oz | 0.01/10 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:01-24:00 Fri 00:00-20:45 |
| UKOUSD | Spot | 3.5 | 1% | 1:100 | 100 Barrels | 0.10/50 | Sun 22:00 24:00 Mon Thu 00:00-22:00 Fri 00:00-20:45 |
| USOUSD | Spot | 2.7 | 1% | 1:100 | 100 Barrels | 0.10/50 | Sun 22:00-24:00 Mon-Thu 00:00-21:00, 22:00-24:00 Fri 00:00-20:45 |
| PLATINUM | Spot | Differs per Account Type | 2% | 1:50 | 100 Oz | 0.01/20 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:00-24:00 Fri 00:00-20:45 |
| COPPER | Spot | Differs per Account Type | 4% | 1:25 | 25000 lb | 0.01/20 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:00-24:00 Fri 00:00-20:45 |
| NG | Spot | 1.4 | 5% | 1:20 | 10,000 mmBtu | 0.1/20 | Sun 22:00-24:00 Mon-Thu 00:00-21:00, 22:00-24:00 Fri 00:00-20:45 |
| GOLD | Spot | Differs per Account Type | $1000 per lot | N/A | 100 Oz | 0.01/100 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:01-24:00 Fri 00:00-20:45 |
| Symbol Name |
Type | Typical Spread (as
a decimal) |
Margin | Fixed Leverage | Contract Size (1 lot) | Min/Max Clip Size | Trading Hours (GMT) |
|---|---|---|---|---|---|---|---|
| USOilft | Future | 4 | 2% | 1:50 | 1000 Barrels | 0.1/100 | Sun 22:00-24:00 Mon-Thu 00:00-21:00, 22:00-24:00 Fri 00:00-20:45 |
| Goldft | Future | 40 | 2% | 1:50 | 100 Oz | 0.1/100 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:00-24:00 Fri 00:00-20:45 |
| Silverft | Future | 3.4 | 2% | 1:50 | 5000 Oz | 0.1/100 | Sun 22:20-24:00 Mon-Thu 00:00-20:59, 22:00-24:00 Fri 00:00-20:45 |
| UKOilft | Future | 4 | 2% | 1:50 | 100 Barrels | 0.1/100 | Sun 22:00 24:00 Mon Thu 00:00-22:00 Fri 00:00-20:45 |