Commodities

With FOREX.com, you can trade crude oil, natural gas, corn and more as CFDs. Click here to view our range of markets.

A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.

FOREX.com is compensated by the spread, which is the difference between the bid and ask prices. View our live spreads.

In addition, you may be charged a nightly finance charge if you hold a position overnight, after 5pm ET.

With most CFDs, financing is debited for long positions or credited for short positions daily if you are in a position at 5pm ET.

These charges are typically calculated as follows:

F=(S x P x R)/D

F - Daily Financing Charge
S - Number of CFDs (2500)
P - Closing Price
R - Relevant overnight LIBOR rate, +250 basis points for long positions or -250 basis points for short positions, e.g. (4.50% + 2.50%) = 7.00%
D - Number of days, i.e. 365 for UK shares and 360 for all others

All of our commodity CFD markets, including markets on MetaTrader, expire. The iBox on the trading platform displays the date and time of the next upcoming expiry for a CFD market, and the Market Information Sheets in the trading platform have more details.

When a CFD market expires, we close all open positions based on our most recent prices and all open orders are cancelled. To retain your open positions in a market, you must manually open a new position in the next contract month.