Trade your opinion on the global commodity market across multiple products such as gold, oil, natural gas and copper.
Commodity market trading
What do you think of the oil market? Do you want to speculate on the gold market? You can trade many commodities with CFDs, like other trustpointwealth products.
Why trade commodities with trustpointwealth?
Improved implementation
Trade Oil, Gold and Copper with improved execution and no stops, limits or re-quotes. Click here to learn more. Trade on margin Enter the market with only a fraction of the total position size. Click here to see margin requirements Low transaction costs Trade without commission, currency conversion fees, and processing fees – you just have to pay the spread. Click here to see the spread costs.1 Advanced chart Trade commodities in addition to forex and indices on the same platform and advanced charts.
primary markets
At trustpointwealth, you can bet on the movement of the metals, oil and gas market just like the forex market. All you need to know is the symbol of the product you want to trade and the price of the contract.
symbol | primary markets | margin average | expiration date |
|---|---|---|---|
GasolineF | GASOLINE RBOB Future | 24.2.2023 | |
HeatingOilF | NY Harb ULSD Future | 24.2.2023 | |
LCattleF | LIVE CATTLE Future | 17.3.2023 | |
NGAS | Natural Gas Future | 0.01 | 22.2.2023 |
UKOil | Brent Crude Future | 0.06 | 27.2.2023 |
UKOilSpot | Brent Crude Future SPOT | 0.04 | None |
USOil | WTI Light Sweet Crude Oil Future | 0.04 | 20.2.2023 |
USOilSpot | WTI Light Sweet Crude Oil Future SPOT | 0.04 | None |
Copper | Copper Future | 0.005 | 24.2.2023 |
XAG/USD | Spot Silver | 0.03 | None |
XAU/USD | Spot Gold | 0.36 | None |
CORNF | Corn Future | 1.16 | 06.04.2023 |
SOYF | Soy Future | 1.27 | 20.4.2023 |
WHEATF | Wheat Future | 1.11 | 14.2.2023 |
CORNF
Corn is a type of grain that is produced mostly in the United States of America. The price of corn is largely related to the demand for corn ethanol (a renewable fuel source), the climate in the large producing regions (USA, China, and South America) and often correlates with the performance of the US dollar, as well as the commodity and energy sectors.
WHEATF
Wheat is one of the most widely produced soft commodities produced worldwide, with production concentrated mainly in China, USA, India, Russia, France and Australia. Wheat prices have been greatly affected by global climatic factors as well as the economies and production outputs of its largest producers.
SOYF
Soybeans are a renewable resource and are mainly produced in the United States, South America and China and can be used as a source of vegetable oils and as a substitute for meat. The price of soybeans deviates due to a large number of economic variables such as climate, demand and production factors.
USOIL & USOILSPOT – WTI
West Texas Intermediate (WTI), also called Texas Light Sweet, is a type of crude oil that is widely used as a benchmark for oil pricing. WTI contracts are mainly sold on the New York Mercantile Exchange. Historically, WTI has traded closely with the Brent and OPEC basket, but currently the basket is discounted by Brent Crude Oil. Historical price data for WTI can be found in the Department of Energy’s Energy Information Center.
UKOIL & UKOILSPOT BRENT CRUDE
Brent Crude is one of the classifications used for trading light, sweet crude oil and serves as the main pricing benchmark for oil purchases around the world. Brent Crude is extracted from the North Sea and consists of Brent Blend, Fortis Blend, Oseberg and Ikofisk (also known as BFOE pricing). This benchmark mix represents the average trading prices in the BFOE market for a 21-day period during the relevant delivery month, as reported and confirmed by industry media. Only valuations, deals and published cargo volumes of at least (600,000 barrels [95,000 m3]) are taken into account.
NGAS - Natural Gas (Henry Hub)
NGAS is the pricing point for natural gas futures on the New York Mercantile Exchange (NYMEX). Spot and future prices are quoted in Henry Hub in dollars/BTU (million British thermal units), and are generally the base price set for the North American natural gas market. North American natural gas prices are closely related to those presented in Henry Hub
copper
Comex copper is widely considered a major cyclical commodity, due to its multiple uses in construction, infrastructure, and a range of manufacturing equipment. The largest end use is for the production of cables, wires, and electrical appliances due to its properties as an excellent conductor of electricity. The building and construction sector is the second largest user of copper, for plumbing, air conditioning, and use in building wiring. Although it is abundantly extracted and recycled, the value of copper is very high. This makes the market vulnerable to supply constraints and, in turn, leads to price fluctuations
XAU/USD –gold
Gold is traded in the spot market where cash gold is priced in US dollars per troy ounce. Since 1919, the most common criterion for determining the price of gold has been the fixing of the price in London, by means of a twice-daily telephone conversation between representatives of five trading firms in the London gold market. Gold is traded continuously around the world on the basis of the spot price, which is derived from commercial gold markets around the world (symbol “XAU”).
XAG/USD – silver
The price of silver is generally determined by speculation and the forces of supply and demand. Mainly by large traders or investors, speculating on price declines, industrial and consumer trade demand, and as a protection against financial pressures. Compared to gold, the price of silver is significantly more volatile. This is due to less liquidity, and fluctuating demand between industrial uses and buyers of silver as a value-keeping metal. Sometimes this can cause a broad valuation which results in price volatility.
Information about commodity trading
Because the market is constantly moving, you can find all the new information for each product on your trading platform or via the Commodity Product Catalog
margin requirements
Trading on margin gives you additional entry into the market. Margin requirements vary by instrument. Click here to see the margin requirements on your platform.
spread costs
With all your trustpointwealth accounts, you can only pay the spread for commodity trading. In addition, with decimal pricing, you can see small price movements, giving you more accuracy on USOil, UKOil and NGAS prices. Click here to see the spread costs. Take a look at the spread costs.
financial charges
Trading prices
Our goal is to maintain the lowest merchandise price available. With competitive spreads, you can get lower transaction prices when you speculate on oil, natural gas and other commodities.
متوسط تكاليف السبريد
difference contract | spread |
|---|---|
GasolineF | N/A |
HeatingOilF | N/A |
LCattleF | N/A |
NGAS | 0.01 |
UKOil | 0.06 |
UKOilSpot | 0.04 |
USOil | 0.04 |
USOilSpot | 0.04 |
difference contract | spread |
Copper | 0.005 |
XAG/USD | 0.03 |
XAU/USD | 0.36 |
difference contract | spread |
CORNF | 1.16 |
SOYF | 1.27 |
WHEATF | 1.11 |
When you trade with trustpointwealth, your spread costs are calculated automatically on your trading platform, so you can know the real spread and pip costs when trading. To calculate trading costs in your account currency:
Spread x pip price x sum = number of contracts transaction costs
Risk disclosure
trustpointwealth Fee: There are several ways for trustpointwealth to get paid when executing clients’ deals, and these methods include, but are not limited to the following: spread, imposing a fixed commission based on the size of the “lot” when opening and closing a deal, and adding an increase to the spreads that Provided by liquidity providers for specific types of accounts, adding bonuses to rollovers and more
CME Group does not guarantee the accuracy and/or completeness of any market data provided to trustpointwealth, and is not responsible for any error, omission, or interruption in information. There are no third party beneficiaries of any agreement or arrangement between CME trustpointwealth Group.
Average Spreads: The historical spreads displayed are time-weighted averages derived from tradable prices on the trustpointwealth platforms from July 2022 to September 30, 2022. Spreads are variable and subject to delay. Please note that the spread on Forex is shown in pips, while the spread on CFDs is shown in pips. Spreads are provided for reference purposes only. trustpointwealth is held harmless from any information errors, incompleteness, delays or any actions taken in reliance on the information provided herein.
Risk Warning: Our products are traded using leverage, which means that they carry a high level of risk and there is a possibility that your losses may exceed the amount deposited. These products are not suitable for all investors. Please ensure that you are fully aware of the risks involved in trading.
