One of the major principles of our philosophy at UFXMarkets is to provide our clients with a wide variety of trading options. Commodities are one of those options that we offer. When you consider that they make up the basic materials of any industry (you can trade and invest in Gold, Oil, Silver and more), it would only make sense that they be a basic component of our trading products.
Commodities are defined as something of use or value. They
are anything from heating oil and natural gas, to soybeans
and orange juice.Every industry uses commodities to
provide a product or service. Therefore, when demand in
those industries increases, the commodity's demand
increases as well. Take Gold for example: When
the financial markets collapsed in 2008, worried
investors flocked to Gold as a financial safe
haven, and the price reached unprecedented
heights. Trading in commodities not only gives
you an opportunity to take advantage of certain
financial climates, it provides you with a way to diversify your portfolio and hedge your investments.
Trade in Energies, Agricultural Products, or Metals and diversify your portfolio. UFXMarkets offers a varied choice of commodities from which to trade. Select from corn, sugar, cotton, and coffee in the agricultural sector, to Gold and Silver in metals. We also offer you the chance to trade oil and gas in the energies markets.
Gold (XAU/USD) and Silver (XAG/USD) Trading Hours: Trading in Gold and Silver begins on Sundays at 23:00 GMT. There is a break in trading Gold and Silver every day at 22:00 GMT and trading resumes again at 23:00 GMT. During this daily break in trading, you will not be able to place market orders, Stop orders and Limit orders cannot be placed or amended during these times.
Oil (OIL/USD) Trading Hours: Trading in Oil begins on Sundays at 23:00 GMT. There is a break in trading Oil every day at 22:15 GMT and trading resumes again at 23:00 GMT. During this daily break in trading, you will not be able to place market orders, Stop orders and Limit orders cannot be placed or amended during these times.
"On December 4, 2009, Gold opened at $1207.40. I saw it trading around this level for the early part of the day, but then the price started dropping and began to tumble after the Payrolls came out.
I sold 100 ounces at $1205.65, set my stop loss to $1215, set my take profit at $1185 and walked away from my computer. Gold fell to $1,165 in this whopper of a day and my total earnings were $4,065 USD. Hey, not bad for a day’s work!"
M. Harris Sydney, NSW (Australia)