What are commodities?
Commodities are basic goods that can be interchanged with other goods of the same type. For example, oil, gold, silver, natural gas, or coal are all commodities – and as such, are used as raw materials in the production of other goods or services. Commodities are traded on specialised exchanges such as the Chicago Board of Trade, Euronext, the Intercontinental Exchange, and others. However, traders don’t acquire these goods in their physical form but rather as Futures Contracts or CFDs on Futures. Trade commodity CFDs with NFXMarkets and take advantage of leverage between 1:10 – 1:20 and tight spreads. It’s time to build your stockpile!