The commodities markets have some of the best and most volatile investments available. A sharp investor can very often tell the health of an economy by the price of the most liquid commodities markets. Precious metals, such as gold and silver, for example, are always seen as safe havens during times of economic or political turmoil. It goes the other way as well, with the price of Brent Crude Oil having a huge effect on the economy of every country in the world. If you’re a serious trader, you should seriously consider adding commodities to your MT4 watchlist and investment portfolio.
This table gives an indication of the lot sizes and trading hours of our commodities
|Instrument||Platform Symbol||Spread||Lot size|
|Spot Gold||XAUUSD||Variable||100 oz|
|Spot Silver||XAGUSD||Variable||5,000 oz|
|Spot Brent Crude Oil||UKOUSD||Variable||100 barrels|
|Spot WTI Crude Oil||USOUSD||Variable||100 barrels|
|WTI Crude Oil Future||CL-OIL||Variable||1000 barrels|
* Intuitively, if the tick price is rounded to two decimal places, then 1 point= 0.01 currency. If the tick price is rounded to 3 decimal places, then 1 point=0.001 currency. For example, 1 point equals to $0.001 for Oil, whereas 1 point equals to 1 cent for Gold.