Commodities Trading
Benefits of Commodity Trading
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Low margin requirements
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Gold and Silver are classed as a safe-haven when stock markets drop - eToro allows you to diversify your portfolio.
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Small contract sizes available.
Where to start?
To help you navigate between the different securities we have an extra tab on the top of the ‘Expert Mode' and ‘Trade box' that allows you to view the quotes of the three commodities.
Opening a position is as simple as opening a position on any currency pairs:
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Choose the commodity you wish to trade (Gold, Silver or Oil)
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Select the type of trade you would like to execute:
Would you like to buy or sell the Commodity?
Click on the "Buy" or "Sell" Button according to your choice.
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Select your Risk Level and Amount, which define the number of units you will trade (see examples below).
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All that is left is to set your Stop Loss and Take Profit (or leave the defaults as is) and then to click on the "Open Trade" button.
Viewing Your Position
Similar to your Forex positions all open trades can be monitored at in the "open trades" section of the platform.
You can easily change your Stop Loss or Take Profit also after your trade is open.
To close your position click on the "close" button located beside your open trade.
For information about pip values: http://www.etoro.com/about-us/trading-features.aspx
For information about over weekend: http://www.etoro.com/etoro-platform-guide/carry-trades-over-weekend.aspx
