Trade a wide range of commodity CFDs using one of the most popular commodity trading platform – MT4. Commodities are one of the most heavily traded and closely-watched products in global markets. Using MT4, you can trade commodities such as:
Trading commodities gives you an easy and cost-effective way to trade one of the most liquid markets in the world. It also provides instant diversification to your trading portfolio. And because commodities are traded as Contracts for Difference (CFD), you are only trading the price movement and not the physical or underlying instrument.
Using our MT4 Genesis commodity trading platform and smart trading tools, you can track the price of Oil and other commodities as they are traded in different financial centres throughout the day. You can also set alerts on the trading platform to capture the price movements particularly around high-impact events such as crude oil inventory reporting. The Correlation Trader allows you to track the correlation between different asset classes.
* The effect of leverage is that both gains and losses are magnified. You should only trade if you can afford to carry these risks.
Below is the full range of commodity CFDs you can trade via our MetaTrader 4 trading platform:
|Instrument||Symbol||Spread||Lot Size||Trading Hours (GMT+2)|
|Spot WTI Crude Oil||USO/USD||Variable||100 Barrels||01:00-24:00|
|Spot Brent Crude Oil||UKO/USD||Variable||100 Barrels||03:00-24:00|
|US Oil Futures||USOil-F||Variable||100 Barrels||01:00-24:00|
|UK Oil Futures||UKOil-F||Variable||100 Barrels||03:00-24:00|
Commodities are usually traded in exchanges that specialise in these products, like the New York Mercantile Exchange (NYMEX) or the London Metal Exchange.
Commodity CFDs are traded using standard size lots – e.g. 1,000 barrels of crude oil.
When trading commodities with GO Markets, you are actually trading it as a CFD, 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 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.
Trading the commodity CFDs market means you can trade precious metals. Gold, silver and other metals can be traded easily through our MT4 platform. Gold and silver are two of the most commonly traded metals. When trading with MT4, gold, silver and other commodities can be traded quickly, reliably and with the right informative tools.
Trading gold and silver on the MT4 platform involves trading pre-set lot sizes. For gold, a lot size is equivalent to 100 oz, and for silver one lot is equivalent to 5,000 oz. This is a great way to take advantage of trading opportunities in this liquid market. The smaller lot sizes allow you to limit your risk and exposure and also allow you to diversify your trading portfolio.
|Instrument||Trading Hours (GMT+2)|
|USOUSD||Mon – Thur: 1:00 AM – 12:00 AM
Fri: 1:00 AM – 11:59 PM
|UKOUSD||Mon – Thur: 3:00 AM – 12:00 AM
Fri: 3:00 AM – 11:59 PM
|XAUUSD||Mon – Fri: 1:01 AM – 11:59 PM|
|XAGUSD||Mon – Fri: 1:01 AM – 11:59 PM|
*Note: Trading hours are subject to change without prior notice. Liquidity Providers may adjust trading schedule as necessary, depending on market conditions.