Trade Commodities and Energies
On the stock exchange, you can trade with very different goods, virtual currencies, products and currencies. This includes the trade in raw materials. This is a so-called futures trading. This means that today you buy a fixed quantity of goods at a fixed price, but the delivery and payment is made on a different, already fixed date. This type of trade is different from previous trade in raw materials. Here, both parties always negotiate a single transaction with an individual quantity and individual price. This is no longer the case; instead, trading is highly structured and standardized.
The most traded energy product is WTI oil (WTI_OIL). Suppose you expect the price of the WTI product to rise from the current price per barrel of USD 50. You decide to buy 1 CFD WTI for 50 USD. After a while, the value of the WTI rises to 55 USD. If you decide to close your position at the price of 55 USD, the difference of 5 USD is your profit. And vice versa. Similar to trading bonds on CFDs, you are not entitled to the actual barrels of oil WTI, but can only benefit from the increase or decrease in the market price of the product. Trade in raw materials is the same as above.
* Please note that the value of the products may change. The examples on our website are hypothetical and should not be used as guidance or advice. You can always contact our team if you have a question.
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How high are the commissions?
Traded products such as Commodity CFDs are commission-free at GBE. -
What does the “.c” or “.f” symbol mean?
The small “.c” with the dot as symbol ending stands for “Cash” (e.g. “UKOIL.c”) and serves as symbol differentiation to our futures products, which are marked with a “.f” (e.g. UKOIL.f) behind the symbols. The expiration dates of our futures products can be found here or under the tabs “Products” and “General Information”. -
Where can I find the market letter “Elbblick”?
Our weekly market letter “Elbblick” is only available in German and can be found under the tab “Tools” under “Analyses” or here. -
Are there any costs involved in opening an account?
No. You can open and manage accounts with GBE brokers free of charge. This applies to both live and demo accounts. However, please remember that demo accounts are closed after 30 days of inactivity. If you hold your trading positions overnight, your positions will incur swap fees based on the currency pair or CFDs you trade. -
What is the difference between MetaTrader 4 (MT4) and MetaTrader 5 (MT5)?
Both platforms are very similar in their basic functions, but there are some differences:- different number of time levels and indicators
- different number of order types
- different programming languages (MQL4, MQL5)
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Are there any additional costs for depositing?
GBE brokers does not charge any fees or commissions for deposits or withdrawals. Such fees are charged by payment service providers like PayPal, Visa, Neteller etc. Credit card deposits may incur additional fees due to exchange rate differences. These fees are charged by the banks, not by us. For an overview of our deposit and withdrawal methods and the fees involved, please click here.
The below tables include all the Commodities and Energies we offer
Commodities
| Symbol | Currency Base | Description | Margin | Swap Long | Swap Short | Spread | Trading Hours * |
|---|---|---|---|---|---|---|---|
| LCC.f | GBP | London Cocoa Futures | 10% | 0 | 0 | 10.25 | view
|
| LRC.f | USD | London Coffee Futures | 10% | 0 | 0 | 12.1 | view
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| LSU.f | USD | London Sugar Futures | 10% | 0 | 0 | 1.21 | view
|
| CC.f | USD | US Cocoa Futures | 10% | 0 | 0 | 7 | view
|
| CT.f | USD | US Cotton Futures | 10% | 0 | 0 | 0.2 | view
|
| SB.f | USD | US Sugar Futures | 10% | 0 | 0 | 0.8 | view
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| USCORN.f | USD | Corn Futures | 10% | 0 | 0 | 1.55 | view
|
| USCOFFEE.f | USD | US Coffee Futures | 10% | 0 | 0 | 0.6 | view
|
| SOYB.f | USD | Soybean Futures | 10% | 0 | 0 | 1.9 | view
|
| USWHEAT.f | USD | Wheat Futures | 10% | 0 | 0 | 1.87 | view
|
| ORANGEJ.f | USD | Orange Juice Future | 10% | 0 | 0 | 1.1 | view
|
Energies
| Symbol | Currency Base | Description | Margin | Swap Long | Swap Short | Spread | Trading Hours * |
|---|---|---|---|---|---|---|---|
| UKOIL.c | USD | Crude Oil Brent Cash | 10% | -99.498 | -104.616 | 0.41 | view
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| USOIL.f | USD | West Texas Intermediate Crude Oil Futures | 10% | 0 | 0 | 0.54 | view
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| NGAS.f | USD | NGAS Futures | 10% | 0 | 0 | 0.13 | view
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| WTI_OIL | USD | West Texas Intermediate Crude Oil cash | 10% | -121.981 | 93.934 | 0.47 | view
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| USOIL.C | USD | West Texas Intermediate Crude Oil cash | 10% | -121.981 | 93.934 | 0.32 | view
|
| UKBRENT.f | USD | Crude Oil Brent Futures | 10% | 0 | 0 | 7.57 | view
|
*GMT + 3 Hours
*In regards to Futures Products please read the Expiration Dates. Future Products can be identified by the suffix “.f” at the end of the product name.
For more information on the specifications of the cash and futures indices, please refer to our product specifications.
Overview of other products
