Commodity CFDs - Noor Capital UK Limited
Trade spot commodity prices on metals and energy.
What are commodities?
Commodities are the lifeblood of our global economy and commodities trading is one of the world’s oldest trading forms, existing before currency, bonds and stocks.
Commonly tradable commodities are categorised into one of four groups – energy (including crude oil), metals (such as gold, silver and copper), agricultural (including coffee, wheat, sugar and cocoa) and finally livestock and meat (including cattle).
Commodities trading is ideal for those who prefer to analyse supply and demand across the world, and how these affect commodities prices, in response to economic and political events.
Benefits of Trading with Noor Capital UK Limited
- Low spreads through our ECN liquidity pool
- Direct market execution though our ECN model
- Low commissions
- No extra fees
| Instrument | Live Spread | Bid | Ask |
|---|
| Gold | - | - | - | |
| Silver | - | - | - | |
| UK Oil | - | - | - | |
| US Oil | - | - | - |
Prices above are for indicative purposes only and subject to our website terms and conditions
Commodities CFD Markets
| Symbol | Instrument | Currency | Required Margin1 | Contract Size | MinTrade Size (Lots) | Tick Factor2 | Tick Value3 | Charging Structure4 | Financing Charged5 |
|---|---|---|---|---|---|---|---|---|---|
| Gold | Spot Gold | USD | Dynamic | 1 CFD = 100 Troy oz | 0.01 | 0.01 | 1 USD | Commission & Spread | Yes |
| Silver | Spot Silver | USD | Dynamic | 1CFD = 5000 OZ | 0.01 | 0.001 | 5 USD | Commission & Spread | Yes |
| US Oil | US Oil Spot | USD | Dynamic | 1CFD = 1000 Bls | 0.1 | 0.01 | 10 USD | Commission & Spread | Yes |
| UK Oil | UK Oil Spot | USD | Dynamic | 1CFD = 1000 Bls | 0.1 | 0.01 | 10 USD | Commission & Spread | Yes |
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 All orders in CFDs are routed as Market orders.
7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 Noor Capital UK Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 All orders in CFDs are routed as Market orders.
7 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
12 'xx' refers to the expiry month and year.
The first letter is the expiry month:
Month codes are as follows: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec
And Second letter is the year:
e.g. Sep-2020 is 'U0' Where the ‘0’ represents 20
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
Our business Model is designed for High trading volume
Silver trader
100
Less Than Milion
Commision
$5+ from 0.02 Tick
GOLd trader
1
Up To YARD
Commision
$3+ from 0.02 Tick
platinum trader
1
More Than YARD
Commision
$1.5+ from 0.02 Tick
Please see Commodities CFD Financial Terms for further details.
