Competitive pricing and leverage for 24markets commodity traders
The commodity market trades primary goods rather than services and is divided into soft and hard. Soft commodities are mainly agricultural, and hard are normally mined. Commodities are traded on ‘futures’ contracts and very much dependent on supply, demand, politics, sanctions, production levels and even the weather.
When trading commodities it’s important to keep watch on the news, weather and politics to see what will affect these versatile instruments – for example, oil fluctuates when OPEC meets, heavy rains push up wheat prices, strength in gold reflects a weak USD. Armed with knowledge of global economic issues, you can enjoy great trading terms with no commission on 24markets.
Low margins are employed on commodities so trading conditions for all commodities are very competitive.
What are Comodities?
A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of other goods or services. Commodities are often split into two broad categories: hard and soft commodities. Hard commodities include natural resources that must be mined or extracted, such as gold, rubber, and oil, whereas soft commodities are agricultural products or livestock, such as corn, wheat, coffee, sugar, soybeans
Why trade commodities with 24markets.com
- Access CFDs on 20+ spot and futures
Commodity markets, plus commodity stocks
and ETFs with the same account
- Spreads as low as 1.1 on Gold
- Our CFDs on futures are continuous contracts
that do not expire. We will automatically roll your positions