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Metals & Commodities

Dive into the world of Metals & Commodities trading, where you can explore a diverse range of products, from precious metals like gold and silver to vital commodities like Brent and New York Crude Oil, all at your fingertips.

Unlock the World of Metals Trading

In the realm of trading, precious metals like Gold and Silver hold a timeless allure as the oldest and most trusted forms of currency. When trading Gold and Silver with MYFX Markets, there's no need for physical ownership of these precious commodities. Instead, their value is denoted by weight.

The price of Gold is denominated per ounce, such that when you see the Gold (XAUUSD) price at $1,900, it signifies that one ounce of Gold is trading at $1,900. Similarly, the price of Silver is measured in terms of its per-ounce value in USD. When you spot the Silver (XAGUSD) price at $24, it indicates that one ounce of Silver is available for trade at $24.

Metal Trading Hours

Product
Gold
Silver
Code
XAUUSD
XAGUSD
Trading Time Mon - Thurs
01:00 – 23:59
01:00 – 23:59
Trading Time Friday
01:00 – 23:58
01:00 – 24:00
Break
00:00 – 01:00
00:00 – 01:00

Unlocking the World of Oil Trading

Oil's paramount role in the global fuel industry positions it as one of the world's most crucial and actively traded commodities.

The price of oil is subject to the influence of a wide array of significant, and at times, seemingly unrelated factors, rendering it a highly volatile commodity. Economic supply and demand dynamics, political instability in oil-producing regions, and even advancements in alternative fuel technologies all exert their impact on oil prices.

When you engage in oil trading with MYFX Markets, you're not purchasing physical barrels of oil. Instead, you enter into a contract tied to the actual commodity's price. This financial instrument is commonly known as a Contract For Difference, or CFD.

Oil Trading Hours

Product
Crude Oil
Brent Oil
Code
WTI
BRENT
Trading Time Mon - Thurs
01:00 – 24:00
01:00 – 24:00
Trading Time Friday
01:00 – 24:00
01:00 – 24:00
Break
-
-

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Copyright © 2024 MYFX Markets
MYFX Markets Pty Ltd registered address is U801 and U802, 6 Glen street, Milsons Point, NSW 2061, Australia, ABN 64 602 904 987 provides you with educational resources to help you become familiar with all the trading features and tools in the trading platform. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. FX products are leveraged products and trading FX therefore involves a high level of risk that may not be suitable for everyone. MYFX Markets recommends that you ensure that you fully understand the risks involved before making any decision concerning MYFX Markets’ products. Independent advice should be sought if necessary.

Warning: FX market involves significant risks, including complete possible loss of funds. Consequently trading is not suitable for all investors and traders. By increasing leverage risk increases as well.

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MYFX Markets is not under the supervision of the JFSA, it is not involved with any acts considered to be offering financial products and solicitation for financial services, and this website is not aimed at residents in Japan.
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Please note that the list provided is not comprehensive and may be updated periodically. For the most current information, please reach out to us directly.
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