SPEC SHEET - EN - Commodities - Forex
SPEC SHEET - EN - Commodities - Forex
IC Markets offers a flexible and easy way to gain exposure to some of the world's most popular commodities
Web: www.icmarkets.com
including energies, metals and soft commodities. Commodity markets are attractive to speculators as they are susceptible to
dramatic changes in supply and demand.
IC Markets provides low latency execution allowing you to trade on raw spreads with unrivalled performance
and efficiency.
Contract size (MT4 / MT5 Volume 1.00): 100 (10,000 for XNG)
Basic Information – Soft Commodities (Wheat, Corn, Soybean, Coffee, Sugar, Cotton, OJ, Cocoa)
Spreads: Variable
Stops Levels: 0 (no minimum order distance)
Pending orders are good till cancelled: Yes
100 (Sugar, Cotton), 10 (Coffee), 1(Cocoa), 4 (Wheat, Corn,
Contract size (MT4 / MT5 Volume 1.00):
Soybean), 20 (Orange Juice)
Minimum Lot Size: 1 Lot
*To align the daily chart candles with New York close (5pm ET) IC Markets server time and charts are GMT + 2 or GMT + 3 when daylight savings is in effect.
Commodity Specification Sheet
Commodity Pairs Web: www.icmarkets.com
Currency Code Currency Pair Minimum Spread (pips) Average Spread (pips)
XAUUSD Gold in Dollar 0.3 1.2
XAUEUR Gold in Euro 4.6 9.8
XAUAUD Gold in Australian Dollar 0.8 3.1
XAUJPY Gold in Japanese Yen 4 22
XAUGBP Gold in British Pound 1.5 3
XAUCHF Gold in Swiss Franc 0.5 1.9
XAGUSD Silver in Dollar 0.3 0.85
XAGEUR Silver in Euro 0.7 4.35
XAGAUD Silver in Australian Dollar 1.0 2.3
XTIUSD Crude Oil in Dollar 1.2 1.6
XBRUSD Brent in Dollar 4.0 4.85
XNGUSD Natural Gas in Dollar 4.0 6.3
XPTUSD Platinum in Dollar 11.1 14.6
XPDUSD Palladium in Dollar 15.0 19.0
*Overnight rates on XTI, XBR and XNG are high since the swaps for these crosses are based on the price difference between the
two (futures) front month costs. This is determined by the forward rate curve in that particular market.
As an example: The Jun/Jul Brent spread was -.75/-.74 with July trading over June. So that gives a 75c charge to roll the monthly contract and
75/c divided by 20 working days gives 3.7c to roll daily.
The forward curve is determined more by supply/demand for the energy contracts rather than purely interest rates, so if there was
a backwardation market, i.e. where the near month was trading higher than the far month then traders with short positions will be
paying on the swap.
Also if the current curve was flatter i.e. less of a difference between the near and far months, then the swap cost would be much lower.
Forex Product Specification Sheet
The foreign exchange market is notably the largest in the world. Due to this large size and liquidity, many believe this is the
most efficient financial market. It is important to realise that this market is composed of multiple different currency pairs
and is constructed from a global network of computers connecting ‘buy’ and ‘sell’ actions.
IC Markets provides low latency execution allowing you to trade on raw spreads with unrivalled performance
and efficiency.
Spreads Variable
Leverage for Minor Pairs Up to 1:1000 (Please check specific max leverage on each
symbol)
Margin Call
100%
Stop Out Limit
50%
Commission(RawSpread) $7USD, $7AUD, 5GBP, 5.50EUR, 9SGD, 650JPY, 6.60CHF,
The foreign exchange market opens at 00:01:00 server time on Monday and Closes at 23:57:00 on Friday
The daily break time of Forex is 23:59-00:01server time.
To align the daily chart candles with New York close (5pm ET) IC Markets server time and charts are GMT + 2 or GMT + 3 when daylight
savings is in effect
USDCNH 1:100
USDCZK 1:1000
USDDKK 1:1000
USDHKD 1:50
USDHUF 1:1000
USDMXN 1:1000
USDNOK 1:1000
USDPLN 1:1000
USDRUB 1:1000
USDSEK 1:1000
USDTHB 1:1000
USDTRY 1:200
USDZAR 1:1000
GBPNZD 1:1000
NZDCAD 1:1000
NZDCHF 1:1000
NZDJPY 1:1000
NZDUSD 1:1000
USDSGD 1:1000
The foreign exchange market opens at 00:01:00 server time on Monday and Closes at 23:57:00 on Friday
The daily break time of Forex is 23:59-00:01server time.
To align the daily chart candles with New York close (5pm ET) IC Markets server time and charts are GMT + 2 or GMT + 3 when daylight
savings is in effect