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IFC Markets, an offshore forex and contracts for difference (CFDs) broker, said on Wednesday it will introduced new instruments for trading – contracts for difference (CFDs) on commodities, for trading on the MetaTrader 4 (MT4) platform. Investors with Standard or Micro live MT4 trading accounts will be able to start trading in the new commodities CFDs from 22 March, 2016.
The broker will expand its offering with 39 CFDs on futures of 19 popular commodities, including natural gas, oild, copper, sugar, cocoa, coffee, wheat, cotton, and others.
The two futures contracts with the nearest expiration months may be traded simultaneously in each commodity.
The different instruments will have different trading conditions. All details are available on the broker’s website.
IFC Markets offers trading in more than 500 tradable instruments. In addition to commodity futures CFDs, the broker also provides forex, CFDs on commodities, index and stock , as well as gold and personal composite instruments (PCI).
IFC Markets offers four types of live trading accounts – Standard and Micro on the MT4 and Standard and Beginner accounts on NetTradeX, its own proprietary trading platform designed for forex and CFDs trading. Moreover, the broker offers Islamic accounts, as well.
IFC Markets is the trading brand of IFCMarkets Corp, which is part of financial technologies holding company IFCM Group. The group also includes online forex broker Infin Markets, which is licensed by the Cyprus Securities and Exchange Commission (CySEC), and financial software developer NetTradeX Corp.
IFC Markets is based in the British Virgin Islands and is licensed by the local financial regulator, the Financial Services Commission (FSC).
Source: IFC Marakets