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 Pro 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 |