Oil is known as black gold
Many people trade commodities all over the world such as oil and gold because they are considered low-risk commodities and high financial gains can be achieved through them.
Oil is considered one of the most important precious metals that can be traded on various stock exchanges, as it has always fluctuating prices and a lot of demand in all countries, but its trading is not a random process or luck always plays with it, so it must be traded through a well-studied and organized plan that defines its features before starting
What is meant by trading commodities via CFDs?
Speculate on the prices of raw physical assets, such as gold, silver, oil, wheat, and sugar. With us, you will not have to own the underlying asset or worry about physical delivery.
Undated Commodities vs. Commodity Futures
Trade commodities at our forward prices or our undated spot prices – both trades are available via CFD trading. Your choice will depend on how long you intend to hold your position.
Undated commodity markets
Open a position at the current value of the commodity with our spot prices.
The cost of opening positions is lower, but fees will be incurred if positions are left open overnight
Strike at the prices of the underlying markets with no fixed expiry dates
Perform long-term technical analysis with continuous charts
Commodity futures
Multiply by the base price of the silver futures contract.
Trade over a longer period of time – without overnight financing fees
Open positions will be carried over at expiration unless you specify otherwise
Get a clear overview of the price of your contract within its date range