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Frequently asked questions
How do I calculate how much margin I need to trade a commodity?
The formula to calculate how much margin is required is quantity x price x margin.
How are metals traded?
Gold and silver are traded as spot while copper, palladium and platinum are traded as CFD futures.
When do commodity CFD orders expire?
All of our commodity future CFD markets, including markets on MetaTrader, expire. Please note however, that our spot commodity CFD markets do not 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.