COMMODITIES OVERVIEW

** Graphs are for illustrative purposes only and are not live tradeable prices**
Commodities are an essential part of everyday life, ranging from gold to the oil we use refined in our everyday products. At CFI, we offer you the ability to trade in some of the most popular and commonly traded commodities where you can participate in bullish and bearish moves of products you are familiar with. The products offered mimic the actual futures instruments found on exchanges. In other words, the contracts have a set expiry date where you need to close your position before a specific time and day yet they are only cash settled which will not result in any delivery of commodities, unlike futures market where different settlement methods exist.
Commodities are affected by a variety of factors such as global economic conditions, supply and demand, geopolitical tension and several others which means there are many short-term and long-term opportunities on products that trade almost 24 hours per day.
Spreads
A spread is the difference between the price you can buy a certain instrument and the price you can sell that same instrument. Given that markets are all about supply and demand, the more traded a product is, the smaller the spread between the buying and selling price. In contrast, a less liquid instrument could see a wide spread as not enough people are buying or selling it.
At CFI, we are connected to several liquidity providers and exchanges and offering competitive spreads is something we take very seriously. We are constantly working to provide even lower spreads and with recent advances in technology and deep enough liquidity, our efforts continue to translate into reality.
SymbolStandardPremium
GOLD0.280.13
SILVER0.0190.014
BRENT OIL0.020.02
WTI0.020.02
Competitive swaps
Swaps, also known as rollovers, are interest rate amounts charged or earned for holding a buy or sell position overnight. The calculation takes into consideration the interest rate differential between two financial instruments.
Swaps are also applicable on Indices and vary for several reasons, including overnight interest rates. Swap free accounts are also available.
Trading example
You follow crude oil and global oil prices. Suddenly, you feel the recent geopolitical tension could see prices moving higher in the near term, and you decide to buy oil at 55.50 (bid/ask quote 55.47/55.50). Every contract is equivalent to 1000 barrels. Soon enough, oil prices climb higher and you decide to sell your contract at 56.00, with your gain on this trade at 50 cents (56.00-55.50 — 0.50 per barrel) Since 1 contract is worth 1000 barrels, you multiply 0.50 by 1000 and the resulting profit is 0500.
*Please note the above example is hypothetical in nature and does not necessarily reflect real conditions.
SymbolSwap (Long)Swap (Short)
XAUUSD-45.96-15.24
XAGUSD-7.52-2.11
XAUEUR-1.49-55.55
XAUGBP-29.04-21.36
WTI0.78-6.02
BRENT-3.69-0.59
Ready to supercharge your trading journey?
*If you’re new to CFD trading, we recommend starting out with our free DEMO account
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