Markets · Commodities
Trade gold, oil and other commodities
Commodities are raw materials traded worldwide, such as precious metals and energy. They react to global supply and demand and are often used to diversify and hedge portfolios.
Why trade commodities
Gold is traditionally seen as a store of value in times of uncertainty, while oil tracks the pace of the global economy and geopolitical events. This creates opportunities in both rising and falling markets.
Available commodities
| Asset | Commodity | Spreads from |
|---|---|---|
| XAU/USD | Spot gold (troy ounce) | 0.1 pips |
| WTI | WTI crude oil | 0.1 pips |
Advantages at Binefex
- Trade price movements without buying or storing the physical commodity.
- Trade both rising and falling prices.
- Spreads from 0.1 pips — see all fees and spreads.
- Stop Loss and Take Profit to manage risk in volatile markets.
Risks
Commodities can move sharply on inventory data, producer-country decisions and geopolitical events. Read the Risk disclosure.
Frequently asked questions
Do I need to buy physical gold to trade it?
No. You trade the price of gold (XAU/USD) directly on the platform, without buying or storing the metal.
What drives the price of oil?
Mainly global supply and demand: OPEC+ production decisions, inventory levels, economic growth and geopolitical events.