VantageFX, an Australian-regulated forex, CFDs, indices, commodities and binary options broker, announced it has added four new commodities to its assets portfolio – natural gas, gasoline, heating oil and copper. Their CFDs are already available for trading on the New York (NYMEX) or Chicago (CME) mercantile exchange, via the MetaTrader 4 (MT4) platform of VantageFX.
Natural gas (NG) is traded as a CFD on the NYMEX and each contract is worth $100 000. The minimum lot is 0.01 and controls 100 British thermal units (Btu). Gasoline (GAS) is traded on CME, in $ per gallon. The minimum lot is 0.01 and equals 420 gallons. The heating oil (HO) futures contracts trade in units of 1000 barrels on the CME. The minimum lot is also 0.01 and equals 420 gallons. The copper (COPPER) CFDs are traded on the NYMEX. The minimum lot of 0.01 equals 250lbs of copper. The maximum leverage VantageFX gives on the four commodities is 1:20.
Besides the aforementioned commodities, the broker also offers trading in oil on the commodities markets and gold, silver, palladium and platinum on the spot market.
Vantage FX is based in Sydney and is regulated by the Australian Securities and Investments Commission (ASIC). Its customers can trade on all versions of the MT4 platform, a binary options platform and automated trading through Myfxbook. There are also MAM/PAMM accounts and a 30-day free demo account. The minimum deposit is $100 and the maximum leverage is 1:500.