Creato da tfp81 il 24/06/2011
choosing forex brokers

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Commodities and Forex

Post n°7 pubblicato il 26 Novembre 2012 da tfp81

Usually when you think you want to do forex trading with currencies. In fact, they are arguably the most value traded in the Forex market. For those who want to try some interesting alternatives, then we must say that Forex brokers also offer the ability to trade commodities, such as oil, gold and silver. Not all brokers allow trading of raw materials, as well as those that allow brokers can offer raw materials more or less than others. In principle, however, we can say that all Forex platforms that make us to trade on raw materials, at least have oil, gold and silver, which are those most common, even for their practical importance in the markets.

Among the raw materials of secondary importance on which we could do trading, we see the coffee, cotton, silk and more.

Agrees to trade commodities? The answer is very subjective. We can say, for example, that with a given trading platform, if we decide to work with mini lots, or lots worth $ 10,000, the value of each pip is 0.50 cents per currencies and 0.10 cents for oil.

This means that you do currency trading allows us to make more money in less time, but the risk is higher. On the contrary, the trading oil is more "tolerable" in terms of pips possibly lost.

The final choice depends on the characteristics of each and our way of trading, and of course the risk appetite. Trading commodities would no doubt be a great alternative to the classic currency trading, trading is only like to do that as an addition to the first.

 
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