HotForex Commodity CFDs

Commodity CFDs are contracts that mirror the performance of the underlying commodity with the futures prices calculated as the difference between the purchase price and the selling price, hence the term 'contract for difference'.

HotForex offer a number of commodity and metals CFDs. These range from the soft commodities of wheat, sugar, coffee and corn to the metals palladium, platinum and copper.

Why trade commodity CFDs;

  • Buy if you think the market is rising or sell if you believe that it is overpriced.
  • Open a position with as little as USD $10 for a 0.01 lot position.
  • There are no financing charges if your position remains open at the end of the trading session.
  • No commissions are charged on Commodity CFDs.
  • Please note that Commodity CFDs have a market expiry date.

Trading Hours

Market trading hours are an important factor when trading CFDs. If you have an open position when the markets close, this means you will not be able to close your trade until the market re-opens again the next trading day. Just like many of the traded markets, volatility is also present in the commodity markets. This means that the opening price at the start of the next trading session can be vastly different from the closing price in the previous trading session and as a result you can see large swings in profit and loss. Please see contract specifications for more details.

Swap Rollover

We do not apply any rollover/swap for positions kept overnight on commodities.

Commodity CFDs Trading Details


Description 1 Lot Size Used Margin per lot Spreads * Limit and Stop Levels Tick Size Tick Value
Platinum 50 Troy Oz USD $1500 1.8 20 0.1 USD $5
Palladium 100 Troy Oz USD $1500 1.8 20 0.05 USD $5
Copper 25000 Lbs USD $1500 0.006 0.012 0.0005 USD $12.50
Corn 5000 Bushels USD $500 2.5 15 0.25 USD $12.50
Coffee 37500 Lbs USD $500 0.75 1.5 0.05 USD $18.75
Sugar #11 112000 Lbs USD $500 0.05 0.2 0.01 USD $11.20
Wheat 5000 Bushels USD $500 1 15 0.25 USD $12.50

 

Trading Hours

Instrument Weekday (GMT) Friday Close
Coffee 06:30-17:00 17.00
Copper 21:00-20:15 20:15
Palladium 21.00-20.15 20:15
Platinum 21:00-20:15 20:15
Sugar #11 06:30-17:00 17:00
Corn 00:00-12:45 - 13:30-18:15 18:15
Wheat 00:00-12:45 - 13:30-18:15 18:15

Commodity CFDs Expiry Dates 2012-2013

Instrument May K2 June M2 July N2 August Q2 September U2 October V2 November X2
Coffee  19/06/2013    21/08/2013      19/11/2013
Copper  29/05/2013  26/06/2013  14/7/2013  18/8/2013  15/9/2013
 13/10/2013
 10/11/2013
Corn  14/05/2013    12/7/2013  
 13/9/2013
 
Palladium  26/06/2013  4/7/2013  
 26/09/2013
 14/10/2013  
Platinum      29/07/2013      29/10/2013  
Sugar #11    28/6/2013      20/9/2013    
Wheat  14/05/2013    12/7/2013    13/9/2013    

* These are expected average spreads