Competitive pricing and leverage for 77markets commodity traders
The commodity market trades primary goods rather than services and is divided into soft and hard. Soft commodities are mainly agricultural, and hard are normally mined. Commodities are traded on ‘futures’ contracts and very much dependent on supply, demand, politics, sanctions, production levels and even the weather.
When trading commodities it’s important to keep watch on the news, weather and politics to see what will affect these versatile instruments – for example, oil fluctuates when OPEC meets, heavy rains push up wheat prices, strength in gold reflects a weak USD. Armed with knowledge of global economic issues, you can enjoy great trading terms with no commission on 77markets.
Low margins are employed on commodities so trading conditions for all commodities are very competitive. Up to 1:150 leverage.
* Quotes are delayed
** The above instruments and prices are only for indicative purposes
*** Overnight financing is 0.05% daily.