When it comes to trading CFDs on commodities, you’ll quickly realise that trading CFDs is a more convenient way to access the Commodities markets rather than having to physically purchase the product outright. With an XProGlobal trading account, you can trade CFDs on the following range of Commodities:
UK Brent oil (spot)
US crude oil (spot)
US natural gas (spot)
Commodities such as oil see their products fluctuate according to a large number of factors. This is great for traders who are looking for volatility in the market! Price fluctuations in Commodities happen when there is demand, too much supply and when the general confidence in the global economy is rising or falling. Black gold, which is the term used by financial analysts to label oil, is extremely sensitive to many political and economic influences. This is where our Market Analysis Team comes into play as they will let you know what’s happening with oil on a daily basis. Oil can be very volatile, which means there’s a lot of scope when it comes to finding trading opportunities.