Commodity
Contain a wide variety of goods, but in the financial investment market, the main transaction is commodities. Bulk commodity refer to commodities that are homogeneous, tradeable and widely used as industrial basic raw materials. They are mainly divided into three categories: energy commodities, basic raw materials and agricultural by-products. The most familiar commodities are crude
oil, non-ferrous metals, steel, iron ore, coal and so on.
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Two-way trading, both buy-up and buy-down can be profitable
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Hedgable risk, no limit on rise and drop
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Margin trading, low entry-level, high profit
Popular Commodities
- Products
- Sell
- Buy
- Quote change %
Transaction Instance
Commodities are two-way transactions, which can be either long (buy up) or short (buy down). Simply put,
if you think that the price of the commodity will climb, buy it; if you think it will fall, sell it.
If the direction is judged correctly, you can make a profit.
Calculated as follows:
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Total profit and loss = (sell price – purchase price) x contract unit x lot size ± overnight interest.
*Note: There is no need to pay the overnight interest to close the position on the day of opening the position; the actual overnight interest is subject to the platform display.
Trading example:
You can sell 2 lots of gold at $1,480 per ounce on the HXFX Trade platform, with 100 units per contract, and close the position at $1,475 per ounce that day.
Total profit = (sell price – purchase price) x contract unit x lot size ± overnight interest
=(1480-1475)x100 x2±0=1000 USD
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The world's leading share trading hot products,
the share price has risen since the company's
establishment
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Commodity Contract Specifications
/ HXFX Global's Commodity trading can be used for long and short term trading of currency pairs in the form of margin
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*Median spreads are displayed for the standard account, and the position level corresponds to the position requirement of micro account, standard account, and senior account. For account level details, please click on theaccount type details, please click on the account type to view