What are Commodities?
Commodities are raw materials or agricultural products that can be bought and sold, with examples being gold, silver and crude oil. Commodities are crucial to living – and the lives of billions of people around the world are affected by their price fluctuations.
Advantages of trading commodities with DCFX
|Instrument||Size of 1 Lot||Pip Value||Swap|
Brent Crude Oil Spot
WTI Crude Oil Spot
Silver / US Dollar
5000 Troy Ounces
Gold / US Dollar
100 Troy Ounces
|BRENTa||MON 03:05||FRI 23:55||--|
|WTIa||MON 01:05||FRI 23:55||--|
|XAGUSDa||MON 01:05||FRI 23:55||--|
|XAUUSDa||MON 01:05||FRI 23:55||--|
Transaction Terms and Conditions
- a.Bid or Offer only one side.b.Spread between Bid and Offer is more than normal spread provided by Liquid Provider.c.Political news, economic news, terrorism,natural disaster, etc. could make prices hectic then as usual.
If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.
Calculating Commodities Margin Requirements
|Account base currency:||USD|
|Position||Open 1 lot BUY XAUUSD at 1,800.20|
|Size of 1 Lot:||100 Troy Ounces|
|Margin required is:||1800.20 * 1 * 100 * 0.2% = 360.4 USD|