Commodities

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YOUR PORTFOLIO
WITH  COMMODITIES 

Access some of the world’s most popular commodities.

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How does
 Commodities  Trading Work?

Commodities CFDs trading involves speculating on the price movements of various commodity assets, such as oil, without the need to physically own the underlying commodities. When trading CFDs, investors enter into a contract to exchange the difference in the price of the commodity from the time the trade is opened to when it is closed. The goal is to profit from market price fluctuations. 

With CFDs, traders can access global commodity markets with greater flexibility and leverage. They have the opportunity to profit by going long (buying) if they expect the commodity price to rise, or by going short (selling) if they predict the price will fall.

Commodities
 Trading Example 

Opening the Position:

The price of US West Texas Intermediate Oil (XTIUSD) is quoted at $71.450/$71.500. Anticipating an increase in oil prices due to tightening supply, you decide to buy 10 lots at $71.500. Each lot represents 1000 barrels of oil, and a price movement of 0.001 point equals $1 per lot. 

For every 0.01 point that the bid quote on XTIUSD rises above $71.500, you will gain $10 (as you own 10 lots), and for every 0.001 point it falls below $71.500, you will lose $10. 

Closing the Position:

Two weeks later, after a series of geopolitical events that disrupt oil supply chains, the price of XTIUSD has climbed to $74.250/$74.300. You decide to secure your profits by selling your 10 lots at $74.250.

The gross profit on your trade is calculated as follows:

Opening Price: $71.500 x 10000 barrels (10 lots x 1000 barrels) = $715,000
Closing Price: $74.250 x 10000 barrels = $742,500
Gross Profit on Trade: $742,500 - $715,000 = $27,500

Commodities Trading Hours

You can trade CFDs on Commodities from 00:01 on Monday to 22:55 UTC+3 on Friday. 

The futures contract value is calculated as Tick Value / Tick Size × Contract Size × Lot × Market Price.

 Trade Commodities  with Richmond365

Range of Instruments

Diversify your portfolio with
thousands of trading products.

Start with less as $250

Deposit as little as $250
and trade from 0.01 lot.

24/5 Trading

Seize trading opportunities with 24/5 market access.

Low Costs

Ultra-low spreads from 0.0 pips.

Flexible Leverage

Power up your trades with leverage up to 1:1000.

Powerful Trading Platforms

Trade on reliable platforms with multiple user-friendly features and tools.

Frequently Asked  Questions 

  • What is Commodities trading?

  • What factors influence the Commodity market?

  • How can I start trading Commodities with Richmond365?

  • What is leverage?

  • What is margin?

  • What is volatility?

  • What are spreads?

  • What are swaps?

Get Started with  Richmond365 

Quick and easy account opening process, Fund your trading account with an extensive choice of deposit methods.
  • Instant Deposit
  • Fast Withdrawal
  • Low Commissions
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