Our Commodities | Loco London Gold/Silver | US WTI Oil | UK Brent Oli

Loco London Gold/ Silver

Loco London Gold and Silver, also known as Spot Gold and Silver, refer to leveraged trading on bullion and silver. The world’s trade in bullion is London-based with a global reach of activity and participants. Featured by continuous markets with 24 hours access, high risk and high return, they have become popular among global investors and traders.

US WTI Oil

US WTI Oil is the underlying commodity of New York Mercantile Exchange’s oil futures contracts and is a grade of crude oil used as a benchmark in oil pricing. As US is a major consumer of oil and the Exchange has a significant influence on futures trading, WTI-based oil trading grows into the trading leader in global future commodities.

UK Brent Oil

Originally Brent Crude Oil is extracted from the Brent oilfield in the North Sea. It is used to price two thirds of the world’s internationally traded crude oil supplies. It was originally traded on the open outcry International Petroleum Exchange in London, but since 2005 has been traded on the electronic Intercontinental Exchange, known as ICE. UK Brent Oil is the most used oil and one of the three primary benchmarks.

How to Trade

Spot commodities such as US WTI Oil, Gold and Silver are traded on margin with T+0 two-way mechanism enabling clients to close trades within the same day of opening. If you predict that prices will rise, you go long (buy) and alternatively if you assume prices will go down, you go short (sell). You could benefit from price difference as long as the prediction is correct.

* There are no commission charges at Acetop.

Calculations:

Profit / Loss = (Sell Price - Buy Price) x Contract Size x Trading Lots - Overnight Interest

Trading examples on Gold

Go Long

If you buy 1 lot of Gold at 1,201.00 and close trades within the same day at 1,202.50, then the total profit will be USD150 = (1,202.50 - 1,201.00) x 100 x 1 - 0.

Go Short

If you sell 2 lots of Gold at 1,200.50 and close trades within the same day at 1,199.00, then the total profit will be USD300 = (1,200.50 - 1,199.00) x 100 x 2 - 0.

Trading examples on US Oil

Go Long

If you buy 1 lot of US Oil at 71.50 and close trades within the same day at 72.50, then the total profit will be USD1,000 = (72.50 - 71.50) x 1000 x 1 - 0.

Go Short

If you sell 2 lots of US Oil at 71.50 and close trades within the same day at 70.50, then the total profit will be USD2,000 = (71.50 - 70.50) x 1000 x 2 - 0.