Commodity traders often use metals as a form of hedging against volatility in the currency markets.
Gold
Considered a safe haven commodity, gold is commonly used to hedge against volatility in the US dollar. It is one of the most widely traded commodities in the world today.
Silver
Another popularly traded metal among commodities traders, silver is being increasingly used as a form of hedging against volatility in the currency markets.
Copper
Copper is a base metal used in many of the world’s manufacturing processes from construction to computer components. As such, copper prices are often used as an indicator of industrial activity.
Take a look at the competitive spreads and margins of our most popular metal CFDs. Tiered margin rates may apply*.
*Different margin rates may apply depending on the size of your position, as your position size increases so does the incremental margin rate on a tiered basis.
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Metals trading with OANDA
Metals are a form of commodities trading and are traded on the metals exchange. You can take a position on metals throughout the day. Gold and silver are known as precious metals and have become a popular form of derivatives trading in recent times.
MetaTrader trading platform
Take a position on our metals markets using the MT5 platform and mobile and tablet apps. Access technical tools, including the Premium MetaTrader tools package.
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