What counts as a commodity?
Essentially a commodity is anything physical that you can buy or sell on a traded exchange. They are usually categorised as one of five instrument types:
1) Metals: Includes Copper, Palladium and Platinum amongst others.
2) Soft commodities: Soft commodities are foodstuffs and other organic goods, including Orange Juice, Coffee, Cocoa and Sugar.
3) Crude oil. Includes US and Brent Crude (UK)
4) Energy. Includes other energy products, such as gasoline (petrol), Heating oil and Narural Gas
5) Agricultural Commodities: Including the major farmed products. Examples of agricultural commodities includes Corn, Cattle, Pork bellies, rice, Soy beans and Wheat.
For advanced trading see Private Mentorship or for taster courses see our short online courses.