Commodities Trading

LMFX commodity contracts allow you to participate in the various commodity markets without the need to worry about physical delivery, storage costs or any other logistical issues that can be associated with commodities trading. There are no complex arrangements, you simply decide whether prices going up or down, take your position and wait for the price action.

The LMFX commodity products include the soft, agricultural based products such as wheat; sugar, coffee and corn to metals palladium, copper and platinum.

As with any contract for difference, your profit is calculated by using the entry price versus the exit price to determine the success of the trade. By trading LMFX commodity CfD's you are able to benefit by using the low margin requirements and fractional position to access markets traditionally associated outside the reach of most traders.

SWAP Policy Trading Hours Execution Desk

Commodity CFDs Trading Details

Description 1 Lot Size Used Margin per lot Spreads * Swap Short Swap Long Limit and Stop Levels Tick Size Tick Value
Coffee 37500 Lbs $1400 1.00 -0.51 -1.54 0.80 0.05 $18.75
Copper 25000 Lbs $1500 0.006 -0.53 -1.58 0.0003 0.0005 $12.50
Palladium 100 Troy Oz $1500 1.80 -0.54 -1.61 0.70 0.05 $5
Platinum 50 Troy Oz $1500 3.60 -0.50 -1.50 0.70 0.1 $5
Sugar #11 112000 Lbs $700 0.10 -0.13 -0.39 0.05 0.01 $11.20
* These are expected average spreads

Trading Hours

Each commodity operates within its exchanges trading hours. This should be an important factor when deciding to trade commodities. In the event the exchange is 'closed for trading' for your chosen commodity, the trading in the selected commodity is frozen until the market open for the next session. This means that you will not be able to close your trade until the open of the next session.

In addition to specific trading sessions, commodities also have their own expiry dates. All trading session times and expiry dates are available on the product information page.

Trading Product Trading Hours (GMT+2) Break Time (GMT+2) ***
Coffee Daily 11:15-20:30 None
Copper Monday 01:00- Friday 24:00 Daily 00:15 - 01:00
Palladium Monday 01:00- Friday 24:00 Daily 00:15 - 01:00
Platinum Monday 01:00- Friday 24:00 Daily 00:15 - 01:00
Sugar #11 Daily 10:30-20:00 None
Note: All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted after the daily market closure time.

Commodity CFDs Expiry Dates

Instrument December January February March April May
Coffee  18/12/2015      18/03/2016    18/05/2016
Copper  29/12/2015  27/01/2016  25/02/2016  29/03/2016  27/04/2016  26/05/2016
Palladium  29/12/2015      29/03/2016    
Platinum    27/01/2016      27/04/2016  
Sugar #11      29/02/2016    29/04/2016  


Commodities Overnight SWAP Rates

All Commodity contracts are subject to an overnight SWAP with triple SWAPS being applied on the positions held over a Wednesday.