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Commodities - Spreads / Conditions

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Trade commodities with institutional spreads from just 10 points to take advantage of popular and volatile instruments like Gold (vs. USD/EUR), Silver, Brent and Crude Oil.

Trading Commodities with Kridex

Trade the Most Liquid Commodity Markets with Low Costs

 

Instrument
Name

Minimum
Spread

Average
Spread

Minimum
Order size

Contract Size

Pip Value

SILVER

1.0

2.0

0.1

1000Ounces

10USD

GOLD

10

20

0.1

100Ounces

1USD

GOLDEUR

10

20

0.1

100Ounces

1EUR

USOIL

2.4

2.8

0.1

100Barrels

1USD

UKOIL

2.5

3.0

0.1

100Barrels

1USD

Instrument
Name

Minimum
Spread

Average
Spread

Minimum
Order size

Contract Size

Pip Value

SILVER

1.0

2.0

0.1

1000Ounces

10USD

GOLD

10

20

0.1

100Ounces

1USD

GOLDEUR

10

20

0.1

100Ounces

1EUR

USOIL

2.4

2.8

0.1

100Barrels

1USD

UKOIL

2.5

3.0

0.1

100Barrels

1USD

Instrument
Name

Minimum
Spread

Average
Spread

Minimum
Order size

Contract Size

Pip Value

SILVER

4.0

6.0

0.1

1000Ounces

10USD

GOLD

40

60

0.1

100Ounces

1USD

GOLDEUR

50

70

0.1

100Ounces

1EUR

USOIL

4.5

6

0.1

100Barrels

1USD

UKOIL

5.0

6.2

0.1

100Barrels

1USD

Commodities Trading Conditions

Gold and silver trading is available on the Kridex platform from 00:00 (Market Watch Time) Sunday till 00:00 (Market Watch Time) Friday. Gold and Silver trading follows CME holiday closures.

Trading of gold and silver is executed in lots.
1 lot traded of gold = 100oz
1 lot traded of silver = 5000oz.

Gold and silver quotes are similar to Forex. Gold is traded against the US dollar or the EUR value and is displayed as XAU/USD or XAU/EUR.

Silver is displayed as XAG/USD. Spot prices for Gold and Silver are the equivalent in US dollars per troy ounce. Therefore, for a price quote of XAU/USD 1299.50, 1oz of gold is equal to $1299.50

When trading Gold, 1 lot is 100 troy ounces and Silver is 5000 troy ounces. Therefore, the smallest price increments are equal to the troy ounce equivalent in USD.

Using leverage of 1:100 and example pricing trading one lot
XAU/USD - Price (1299.50) x Contract Size 1 lot (100 oz) / Leverage (100) = $1299.50
XAG/USD - Price (20.57) x Contract Size 1 lot (5000 oz) / Leverage (100) = $1028.50.

Kridex Oil products do not have expiration dates, Kridex offers 24 hour trading on oil symbols. Oil trading follows CME holiday closures.

To calculate the margin required to place the minimum trade size, simply multiply the minimum trade size by the margin required (per contract). Margin required is calculated in the Currency the Instrument is denominated in.

1 lot of crude oil is equal to 100 barrels. The minimum margin requirement for oil is $200. One contract (lot) x minimum margin requirement $200 = US$200.

Commissions apply for Commodities: ECN $/€14, Pro $/€12 per round lot traded. The Classic account has no commissions.

Leverage for Commodities trading is up to 1:200 (or 0.5%). In order to effectively display the movement of profit/loss on Indices, Kridex has established a minimum/incremental trade size as detailed above. Margin required is calculated in the Currency the Instrument is denominated in.

Clients can change the leverage of their accounts by logging in to the client area and selecting to change leverage/margin. Leverage cannot be changed whilst there are open orders. The Leverage/Margin level is subject to change at any time without prior notice according to the decision of the company.

 
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Register your live trading account in one easy and client friendly step, the process will take under three minutes to complete and you will get access to the real markets immediately.

 
1

Register

Choose the best account, leverage and base currency.
 
2

Fund

No Deposit Fees available on a wide range of secure methods.
 
3

Trade

Access six asset classes and 100’s of financial products.
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Kridex provides real forex markets access with low cost trading solutions, unbeatable order execution and conditions to support your trading success. Leading technology and top tier bank liquidity combine to deliver the lowest trading costs, fastest execution and the highly accurate order filling.

The Kridex brand is powered by Quantix FS Limited, a Financial Services Company, authorised and regulated as a Securities Dealer by the Financial Services Authority of Seychelles ("FSA") with license number SD021 with its registered office at Suite C, Second Floor, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. Forex commodities and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose. The information provided can under no circumstances be considered as a recommendation to engage in any trade. Restricted Regions: Kridex does not provide services for citizens of The United States

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.