Commodity markets are attractive to speculators as they are susceptible to dramatic changes in supply and demand. Unlike trading the futures contract, trading commodities as a CFD means that there is no commission charged.
You can trade energy contracts including Brent crude and WTI oil CFDs on a margin rate of 100:1. Metals including Gold or Silver can be traded against the US Dollar or Euro as a currency pair on 500:1 leverage.
CFD based commodities are offered on both MetaTrader 4 and cTrader Platforms.
Commodities Spreads – CFDs
Metals – Gold and Silver
CFD Commodities( Spot Oil Markets) Rollover
You can a non-expiring option to trade commodities as a CFD based on the spot futures price of WTI and Brent crude oil.
Spot Brent Crude Oil- ICE futures contract
Spot WTI Light Crude Oil - NYMEX futures contract
Positions are adjusted One trading day prior to the expiry date of the above mentioned underlying futures contract. During this time, IC Markets will:
Adjust the quote of the market by the difference between the last traded prices of the spot (front) month and the next month's price at 14:30 Eastern Time (the spread).
Make a credit/debit adjustment to accounts with open positions based on the spread.
Adjust any working stop or limit orders based on the spread.
Contract Specification Sheet provides further information regarding the commodities on offer their trading hours and spreads.