Commodities Trading
The LMFX commodity products include soft, agricultural-based products such as wheat, sugar, coffee, and corn to metals palladium, copper, and platinum.
Make the trade
LMFX commodity contracts allow you to participate in various commodity markets without the need to worry about physical delivery, storage costs, or any other logistical issues that can be associated with commodities trading. There are no complex arrangements - you simply decide whether prices are going up or down, take your position, and wait for the price action.
As with any contract for difference, your profit is calculated by using the entry price versus the exit price to determine the success of the trade. By trading LMFX commodity CFDs, you are able to benefit from the low margin requirements and fractional position to access markets traditionally associated outside the reach of most traders.
Commodity CFDs Trading Details
| Description | 1 Lot Size | Used Margin Per Lot | Spreads* (pips) | Swap Short (points) | Swap Long (points) | Limit/Stop Levels (pips) | Tick Size | Tick Value |
|---|---|---|---|---|---|---|---|---|
| Coffee | 37500 Lbs | $1400 | 13 | 0 | 0 | 80 | 0.05 | $18.75 |
| Copper | 25000 Lbs | $1500 | 19 | 0 | 0 | 30 | 0.0005 | $12.50 |
| Palladium | 100 Troy Oz | $1500 | 96 | -0.54 | -1.61 | 70 | 0.05 | $5 |
| Platinum | 50 Troy Oz | $1500 | 123 | -0.5 | -1.5 | 70 | 0.1 | $5 |
| Sugar #11 | 112000 Lbs | $700 | 0.4 | 0 | 0 | 5 | 0.01 | $11.20 |
* These are expected average spreads
Trading Hours
Each commodity operates within its exchanges trading hours. This should be an important factor when deciding to trade commodities. In the event the exchange is 'closed for trading' for your chosen commodity, the trading in the selected commodity is frozen until the market open for the next session. This means that you will not be able to close your trade until the open of the next session.
In addition to specific trading sessions, commodities also have their own expiry dates. All trading session times and expiry dates are available on the product information page.
| Trading Product | Trading Hours (GMT+3) | Break Time (GMT+3) |
|---|---|---|
| Coffee | Every weekday 11:15 - 20:30 | None |
| Copper | Monday 01:00 - Friday 24:00 | Daily 00:15 - 01:00 |
| Palladium | Monday 01:00 - Friday 24:00 | Daily 00:15 - 01:00 |
| Platinum | Monday 01:00 - Friday 24:00 | Daily 00:15 - 01:00 |
| Sugar #11 | Every weekday 10:30 - 20:00 | None |
Note: All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted after the daily market closure time.
Attention: During the time period from 23:55 to 00:15 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders will not be executed during these times.
The Trading Desk will ensure that the flow of pricing reflects current market prices for the open during which time any orders or trades held over the weekend will be subject to execution. During this time the pricing being streamed is non-executable for new market orders.
Note: Following the move from one trading session to another, from time to time there is a degradation in market liquidity. This is normal behavior in the market but may result in some orders being filled at a price different to that requested and that the spreads may also widen during this time. After the open, traders may place new trades, and cancel or modify existing orders.
Commodities Overnight SWAP Rates
All Commodity contracts are subject to an overnight SWAP with triple SWAPS being applied on the positions held over a Wednesday.
Promotions
Risk Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. Trade responsibly: 71.11% of retail investor accounts lose money when trading CFDs with this provider. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. All information on this website is not directed toward soliciting citizens or residents of the United States, United Kingdom, Japan or any other jurisdiction that would be contrary to local law or regulation. Past performance of CFDs is not a reliable indicator of future results. Most CFDs have no set maturity date. Hence, a CFD position matures on the date you choose to close an existing open position. Seek independent advice, if necessary. Please read LMFX’s full ‘Risk Disclosure Statement’.
Please note that the availability of the products or services on this website is subject to jurisdictional limitations. LMFX.com may not offer certain products, features and/or services on in certain jurisdictions due to potential or actual regulatory restrictions.
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