What are Commodities?
Commodities are raw materials or agricultural products that can be bought and sold, with examples being gold, silver and crude oil. Commodities are crucial to living – and the lives of billions of people around the world are affected by their price fluctuations.
Advantages of Trading Commodities with DCFX
Details
Instrument | Size of 1 Lot | Pip Value | Swap (Long/Short) |
---|---|---|---|
BRENT Brent Crude Oil Spot |
1000
Barrels
| 10 USD | 9.06/-26.94 |
WTI WTI Crude Oil Spot |
1000
Barrels
| 10 USD | 8.65/-25.47 |
XAGUSD Silver / US Dollar |
5000
Troy Ounces
| 5 USD | -4.54/2.28 |
XAUUSD Gold / US Dollar |
100
Troy Ounces
| 1 USD | -31.09/16.51 |
Trading Session
(UTC+2)
Instrument | Open | Close | Break |
---|---|---|---|
BRENT | MON 03:05 | FRI 23:55 | -- |
WTI | MON 01:05 | FRI 23:55 | -- |
XAGUSD | MON 01:05 | FRI 23:55 | -- |
XAUUSD | MON 01:05 | FRI 23:55 | -- |
Transaction Terms and Conditions
- a. Bid or offer only one side.b. Spread between bid and offer is more than normal spread provided by liquid provider.c. Political news, economic news, terrorism,natural disaster, etc. could make prices hectic then as usual.
Wrong Quote
If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.
Important
Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday. Swaps for XAU and XAG swaps are expressed in pips per 1 lot.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time widened spreads and low liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times. Commission charge from 7 USD per lot (roung turn) is applied.
Calculating XAUUSD Margin Requirements
Account Leverage: | 1000:1 |
Account Base Currency: | USD |
Position | Open 1 lot BUY XAUUSD at 1,800.20 |
Size of 1 Lot: | 100 Troy Ounces |
Maintenance Margin: | 1.25 |
Margin Required is: | 1800.20*1*100*1.25/1000= 225.025USD |
Remarks: For other products, please refer to the detail page of each product