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Commodities

Trade Commodities with GO Markets

Commodities are generally traded on exchanges such as the Chicago Mercantile Exchange and the London Metals Exchange.  Typically, traders are classified into two main categories: hedgers and speculators.

Trading commodities as CFDs allows you to speculate on the price movements in the underlying market without taking ownership of the physical asset.

Take advantage of GO Markets MT4 Genesis smart tools to trade commodities around the clock.  Track the price of Oil and other commodities as they are traded in different financial centres worldwide.

Losses can exceed deposits.

Example:

Commodities are traded using standard size lots – e.g. 1,000 barrels of crude oil and with set expiry dates – e.g. end of each month.

When you trade Commodities with GO Markets, you are actually trading them as CFDs, which means you are only trading the price movement and not the actual commodity.

This gives you the flexibility to trade a fraction of the standard contract. So, instead of trading 1,000 barrels of oil, you can trade a smaller lot of say 100 barrels. This is ideal particularly if you are just starting out in trading commodities as you can set aside a smaller amount of your trading capital to get exposure in this liquid market.

gold-drop

Spot Gold

silver-drop

Spot Silver

oil-drop

UKOil

oil-drop

USOil

Additionally Available:

Natural Gas

Copper

 

Below is the full range of commodities you can trade via our MetaTrader 4 trading platform.

Instrument Symbol Spread Lot Size Trading Hours
Spot Gold XAUUSD Variable 100 oz 24h*
Spot Silver XAGUSD Variable 5,000oz 24h*
USOil USOUSD Variable 1,000 Barrels 00:06 24:00
UKOil UKOUSD Variable 1,000 Barrels 00:06 24:00

*Spot gold and silver trading takes place on a 24 hour basis, with only a brief cessation during which the market closes from 17:15 Eastern Time to 18:00 Eastern Time (22:15 - ­ 23:00 Greenwich Mean Time).

 

Benefits of Trading Commodities with GO

Trade with leverage – Commodities are traded on margin, so you can choose the leverage that suits you up to a maximum of 300:1*

Competitive spreads – we have tight spreads on our full range of commodities

Fast trade execution – we provide low latency and efficient price feeds to ensure fast trade execution

Lower trading cost commodities attract a much lower cost compared to other instruments, keeping your trading costs down

Tradeable on multiple devices  using our mobile MT4 platform, you can trade commodities across your favourite mobile devices

Trade long and short you can easily trade long or short positions on commodities since you are only trading the price movements

* The effect of leverage is that both gains and losses are magnified. You should only trade if you can afford to carry these risks. 

FUTURES CFDs CONTRACTS

GO Markets will automatically roll any open positions in Futures CFD contracts which will result in paying the spread (value of ASK – BID price) upon the roll. The rollover arises when the underlying instrument associated with a CFD is due for expiry and GO Markets begins to price the CFD from the next available futures contract. As the next dated futures contract trades at either a discount or a premium to the expiring futures contract, your trading account will be credited or debited the difference between the closing price of expiring contract and the opening price of the new contract, depending on your net exposure of the rolled instrument. GO Markets will generally roll futures contracts within 72 business hours of the current contract expiry date in order to avoid low liquidity and larger spreads as the current futures contract approaches expiry.

Ready to start trading? Open an account today!

Losses can exceed deposits.

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The information on this website is not intended for distribution to, or use by any person in any country or jurisdiction where such distribution would be contrary to local law or regulation.

GO Markets London Limited is a company registered in England and Wales under company number 10333853. Registered office: 68 Lombard Street, City of London, United Kingdom, EC3V 9JL.

GO Markets London Limited is an appointed representative of Price Markets UK Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 725804.

The Financial Services Compensation Scheme

The FSCS is the UK’s compensation scheme for customers of authorised financial services firms and their appointed representatives. The FSCS can pay compensation to consumers if a firm (or appointed representative) is unable, or likely to be unable to pay claims against it because it becomes insolvent or stops trading. The FSCS is an independent body set up under the FInancial Services and Markets Act 2000. The FSCS provides compensation of up to £50,000 for eligible investments. Please visit the FSCS website for more information on eligibility and compensation limits.

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