Commodity Trading

Trade your opinion of the global commodity market with products such as gold, oil, natural gas and copper.

Trade your opinion of Natural Resources

Have an opinion of the oil market? Want to speculate on gold? With Friedberg Direct, you can dive deeper into a variety of natural resources. Trade commodities as a CFD.

Why Trade Commodities with Friedberg Direct?

Trade on Margin

Enter the market with only a fraction of the total trade size.
See Margin Requirements

Lower Transaction Costs

Trade commission free1 with no exchange fees and no clearing fees—you pay only the spread. See Spread Costs

AdvancedCharting

Trade commodities alongside forex and indices on the same powerful platform with intuitive charting. Launch Platform

Underlying Markets

With Friedberg Direct, you can bet on the price movement of metals, oil and gas, similar to forex. All you need to know is the symbol for the product you want to trade and the contract size.

Symbol Underlying Market Average Spread Expiration
NGAS Natural Gas Future 0.01 August 25, 2021
UKOil Brent Crude Future 0.06 August 30, 2021
USOil WTI Light Sweet Crude Oil Future 0.04 August 19, 2021
Copper Copper Future 0.00 August 27, 2021
XAG/USD Spot Silver 0.04 None
XAU/USD Spot Gold 0.40 None
CORNF Corn Future 1.07 August 27, 2021
SOYF Soy Future 0.97 October 27, 2021
WHEATF Wheat Future 0.92 August 27, 2021

CORNF

CORNF

Corn, is a cereal grain predominantly produced in the United States. Corn's price is driven largely by the demand for Corn ethanol (a renewable fuel source), climate in areas of large production (US, China, South America) and is often correlated with the performance of the US Dollar as well as both the Commodity and Energy sectors.

WHEATF

WHEATF

Wheat, is one of the largest soft commodities produced globally and its production is spread all around the world, with the largest crops being found in China, the US, India and Russia, France and Australia. Wheat's pricing is heavily impacted by global climate factors in addition to the economies and production output of its largest producers.

SOYF

SOYF

Soybean is a renewable resource produced mainly in the US, South America and China that can be used both as a source for oil and a substitute for meat. Soybean's price deviates due to a large amount of economic variables including climate, demand, and production factors.

USOIL - WTI

West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. WTI contracts are sold chiefly on the New York Mercantile Exchange.

Historically, WTI has traded closely to Brent and the OPEC basket, but it currently is discounted against Brent crude oil. Historical price data for WTI can be found at the Energy Information Administration of the Department of Energy.

UKOIL - BRENT CRUDE

Brent Crude is a trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. Brent Crude is sourced from the North Sea, and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes (also known as the BFOE Quotation). The index represents the average price of trading in the 21-day BFOE market in the relevant delivery month as reported and confirmed by the industry media. Only published cargo size (600,000 barrels [95,000 m3]) trades and assessments are taken into consideration.

NGAS – NATURAL GAS (HENRY HUB)

NGAS is the pricing point for natural gas futures contracts on the New York Mercantile Exchange (NYMEX) and the OTC swaps traded on Intercontinental Exchange (ICE). Spot and future prices set at Henry Hub are denominated in $/mmbtu (millions of British thermal units) and are generally seen to be the primary price set for the North American natural gas market. North American unregulated wellhead and burner tip natural gas prices are closely correlated to those set at Henry Hub.

Copper

COPPER

COMEX Copper is widely considered as one of the key cyclical commodities, given its extensive usage in construction, infrastructure and an array of equipment manufacturing. The biggest end-use is for the production of cables, wiring and electrical goods because of its excellent electricity conducting properties. The construction sector is the second largest user of copper, for plumbing, HVAC and building wiring applications. Although found in abundance and widely extracted as well as recycled, the copper value chain is quite capital intensive. This makes the market susceptible to supply-side constraints, and therefore, volatile price fluctuations.

Gold

XAU/USD – GOLD

Gold is traded in the spot market, and the gold spot price is quoted as US dollar per troy ounce. Since 1919, the most common benchmark for the price of gold has been the London gold fixing, a twice-daily telephone meeting of representatives from five bullion-trading firms of the London bullion market. Gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code XAU).

Silver

XAG/USD – SILVER

The price of silver is driven by speculation and supply and demand—mainly by large traders or investors, short selling, industrial, consumer and commercial demand, and to hedge against financial stress. Compared to gold, the price of silver is notoriously volatile. This is because of lower market liquidity, and demand fluctuations between industrial and store of value uses. At times this can cause wide-ranging valuations in the market creating volatility.

Commodity Trading Details

Because the market is always moving, you can find up-to-date info for each product on your trading platform, or check out the Commodity Product Guide

Margin Requirements

Trading on margin gives you increased access to the market. Margin requirements vary by instrument. Find up-to-date margin requirements on your platform. Learn More

Spread Costs

With all Friedberg Direct accounts, you pay only the spread to trade commodities. Plus, with our decimalized pricing, you see smaller price movements, giving you more accuracy on USOil, UKOil and NGAS. See Spread Costs

Financing Costs

There are currently no overnight Financing Costs on energy products like oil and gas. Gold and Silver, however, are spot products, so financing charges apply if you hold your position past 5:00 PM ET.

Trading Hours

Your trading hours are based on the underlying market—just like your prices. You can open and close trades during the week, before the weekend closing. Metal products are traded 24 hours a day, five days a week, with a one-hour break each day. See Trading Hours

Expiration

Oil and gas contracts expire monthly, typically a day before First Notice or when the underlying market contracts expire. This means you may want to manage your positions before the contract expires and your positions are automatically closed. See more details in our CFD Expirations Guide.

Glossary

Seasonality

What Is Seasonality? In finance, the term seasonality is used to describe periodic trends in supply/demand, business performance and asset pricing. This phenomenon occurs consistently on an annual basis, in…

Commodity Pricing

Our goal is to keep your commodity pricing as low as possible. With competitive average spreads, you can keep your transactions cost low as you speculate on oil, natural gas and more.

Average Spread Costs

Instrument Spread
NGAS 0.01
UKOil 0.06
USOil 0.04
Instrument Spread
Copper 0.00
XAG/USD 0.04
XAU/USD 0.40

When you trade with Friedberg Direct, your spread costs are automatically calculated on your platform, so you see real-time spreads and pip costs when you trade. To calculate the trading cost in the currency of your account:

Spread
x Pip Cost
x Number of Contracts
= Total Transaction Cost

Disclosure
1

Compensation: When executing customers' trades, Friedberg Direct can be compensated in several ways, which include, but are not limited to: spreads, charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover, etc.

CME Group Market Data is used under license as a source of information for certain Friedberg Direct products. CME Group has no other connection to Friedberg Direct products and services as listed above and does not sponsor, endorse, recommend or promote any Friedberg Direct products or services. CME Group has no obligation or liability in connection with the Friedberg Direct products and services. CME Group does not guarantee the accuracy and/or the completeness of any market data licensed to Friedberg Direct and shall not have any liability for any errors, omissions, or interruptions therein. There are no third party beneficiaries of any agreements or arrangements between CME Group and Friedberg Direct.

Average Spreads: Time-weighted average spreads are derived from tradable prices at Friedberg Direct from April 1, 2021 to June 30, 2021. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. Friedberg Direct is not liable for errors, omissions or delays or for actions relying on this information.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.