Comodity Analysis for Forex Trading

 preliminary

Gold and Silver
Gold and silver has a history as a medium of exchange before money was invented. Until now, even gold and silver can still be used as an alternative currency.

Gold and silver are also still in demand as an alternative investment. Currently, we can also transact gold and silver contracts in futures trading. With the existence of two mechanisms Airways opportunity, we can use two-way movement of gold and silver prices - up and down - to gain profit opportunities.

Gold futures that we traded in futures trading is XAUUSD contract. XAU taken from "Aurum", the Latin for gold. The letter "X" is the code that this contract is a contract for commodity hardware. The price of gold that we traded price of gold is pure (99%) in USD per troy ounce (1 troy ounce is almost equal to 31.1 grams).

Contract size for gold is 10 troy ounces. If we buy a lot XAUUSD, meaning we buy 10 trouy ounces of gold.

As for silver, his contract is XAGUSD. XAG itself comes from the word "Argentum", Latin for silver. Just like gold, silver traded in USD per troy ounce. Contract size was $ 500 a troy ounce.

crude Oil

The high world oil demand to make crude oil (crude oil) became the most widely traded commodities on NYMEX (New York Mercantile Exchange).

The contract traded oil that we will contract OIL-LS is the most heavily traded on the NYMEX. OIL-LS stands for "Oil - Light Sweet" which means it is light sweet crude oil. This type of oil known for its sulfur content and low hydrogen to become a good type to be processed into premium.

OIL-LS is traded in USD per barrel. According to the standard United States, one barrel of oil is roughly equivalent to 159 liters. Its own contract size is $ 100 a barrel.
Why choose trading gold, silver and oil online:

    Liquidity
    In the world of futures trading, liquidity is one of them is the availability of sellers and buyers. We can conduct transactions at any time. This could be so high liquidity because financial markets have turned out a very large transaction volumes. We do not have to wait long to get the seller or buyer.
    In addition, we can easily do the disbursement of funds at any time without having a certain limited period of time, and without penalty or other additional costs.
    Potential advantages
    We can seize the chance for huge profits and in a short time, without having to spend capital equal to the actual contract.
    Ease of trading
    Today, technology has greatly advanced. We can make transactions from anywhere with the help of internet technology. To make trades, we will use a tool called MetaTrader.
    Two Airways opportunity
    What does it mean? Two-way opportunity? Yes, we can take advantage of the rise and fall of the price to create profit opportunities.
    Leverage
    With this leverage, we are allowed to conduct transactions with capital that is much cheaper than real capital.


Advantages of commodity trading in MySmartfx:

    Leverage 1:400
    Minimum deposit is small, with just $ 250
    Fixed Rate at 1 USD = Rp 10,000
    Spread 0.5 points for gold, 0.01 Points for silver and oil
    Free Commission
    Deposit and withdrawal using Local Bank (BCA)
    Instant withdrawal when carried out under at 12.00 pm. No strings attached, and free charge.
    Live support 24 hours of Indonesian language.