When people think of commodities, they often think of the boring necessities of life: sugar, wheat, oil, gold. And in a way, they are right.
Commodities are the basic goods that drive the economy. The farm products, building materials, natural resources…you know, all those boring things. But while those items might not have glamour appeal, as investments, they are anything but boring.
Commodity trading can be lucrative and making profits is certainly not boring at all. Here at ETFinance, you can trade commodities with contracts for difference, or as we abbreviate it, CFDs.
At ETFinance, you can choose to invest in a variety of commodities, both those referred to as soft commodities and those known as hard. The two types are divided by how they are sourced.
Soft commodities are those that are generally grown. These include agricultural products such as cocoa and soybeans.
Hard commodities are typically goods that are mined or extracted from the ground, such as natural gas and precious metals like gold and platinum.
It doesn’t matter whether you are interested in trading a hard commodity like silver or a soft one like cotton, you will find a wide choice of commodities that you can trade via CFDs with us.
One of the advantages when trading with CFDs is that you are able to trade without having to purchase or own the underlying assets. This gives you additional liquidity and great freedom.
When you trade CFDs, you are basing your decision on predictions. Another advantage of CFDs? You can trade on prices going up as well as down, which is useful in bear markets or when you are expecting the market or your asset to tank.
ETFinance is a regulated brand. Discover some of the standout points that make us a solid trading broker:
Are you thinking about commodity trading on CFDs and wondering if it offers you the kinds of advantages you are looking for? Sign up now, speak to our support team, delve into the educational resources and see if trading with ETFinance is for you.