Commodity CFDs Specifications
The value of a commodity CFD is related to the market performance of a commodity, like gold, for example. Commodity CFDs are an excellent vehicle for speculating on commodities and during economic crises. Check out the Commodity CFDs specifications below.
Real-time spreads table
|Symbol||Margin, USD||1 Pip,USD||Spread, Classic account, USD||Spread, PRO account, USD||Commission, PRO account*, USD|
|1,802.00||1.00||45.00||40.00||12.61||Metals CFDs Specifications|
|932.00||5.00||70.00||70.00||6.52||Metals CFDs Specifications|
|1,182.45||1.00||40.00||40.00||-||Energy CFDs: Oil based on front-month contract only, with expiration|
|1,266.15||1.00||40.00||40.00||-||Energy CFDs: Oil based on front-month contract only, with expiration|
|1,188.30||1.00||80.00||80.00||-||Energy CFDs: Synthetic Spot Oil – no monthly expiration, based on front- and next-month futures contracts (formula)|
|1,269.81||1.00||97.00||96.00||-||Energy CFDs: Synthetic Spot Oil – no monthly expiration, based on front- and next-month futures contracts (formula)|
* Commission is only applied to PRO accounts
* Please note that table displays the minimum possible values for variable spreads. Maximum values are not limited and determined by the market conditions at each point in the implied time period. The spreads are updated with every reload of the page.
If you wish to learn more about our CFD products, we encourage you to peruse our ultimate CFDs guide - Click here to download
We offer expiring CFDs based on the front month futures prices of WTI and Brent crude oil (WTICrude and BrentCrud). At the beginning of the final day of the contract (its expiration date), we will:
- Adjust the quote of the market by the difference between the last traded prices of the front month and the next month's price (the spread).
- Make a credit/debit adjustment to your accounts with open positions based on the spread.
- We will start quoting the next month's contract prices.
Example: On 17 December, we quote 61.500 for the WTI market. This price is based on the current front month for WTI, which in this example is the January 2020 contract (expiring on 19 December). You decide to SELL 0.1 CFDs and hold your position to 19 December or beyond the expiry date. At the beginning of 19 December, we switch from using the January 2020 quote to the February 2020 quote as the basis for the price, because the underlying January 2020 futures market expires on 19 December . The last traded prices of the underlying NYMEX futures contract for the month are 60.930 (January) and for the next month 60.800 (February) so our price WTI is adjusted down by 130 pips. Your open short position is adjusted by 130 pips (+130 for long positions, -130 for short positions.) In this example, the ACCOUNT will be debited (60.800 - 60.930)*1000*0.1= - $13. If the quote had risen by 130 pips, you would be credited the equivalent of 130pips. This happens each month when the new quote is issued.