Commodities trading represents the buying and selling of set quantities of homogenous, or near-homogenous assets. E.g, Crude Oil, Gold. Commodities trading are typically dominated by agricultural products, energy and metals. Price movements in commodities are usually seen as bellwethers for the overall health of the industry that produces/consumes them.
Typically, trading in commodities can be either speculative or for hedging purposes. Traders can trade commodities to express their outlook on certain industries or to hedge their trading portfolio.
Trade CFDs on a wide variety of global commodities, including gold, silver and oil, with eFX Markets as you get:
xagusd (silver vs us dollar) | xauusd (gold vs us dollar) |
Trading commodities CFDs is a lot smoother when you choose eFX Markets.
Gain access to the commodity prices worldwide with high execution speeds, low slippage, deep liquidity and tight spreads.