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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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MYFX Markets is a trademark owned by Online Markets Technology Services LLC, and operates through the following authorised and regulated entities including:

Online Markets Technology Services LLC is incorporated in Saint Kitts and Nevis under the Nevis Limited Liability Company Ordinance 2017 with NEVIS LLC No.22021.

AXIS INC. is incorporated in St Vincent and the Grenadines, number 24078 IBC2017 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Frist Floor, First St Vincent Bank Ltd Building, James Street Kingstown St. Vincent and the Grenadines.

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