What commodities should i choose to trade
If you wish to trade commodities, gold and crude oil will probably be your first choices to start.
Gold is an important hedging tool in the market. When the world encounters political instability or economic downturns, people will worry about currency depreciation, and gold will often become one of the options against currency depreciation.
When an international emergency breaks out, the price of gold will experience large fluctuations. Unlike currency pairs, the price of gold is affected not only by the countries involved, but also by global factors. Therefore, gold provides investors with more investment opportunities.
With regards to crude oil, investors would easily understand the reasons for fluctuations in its supply and demand by reading international news. Like gold, oil prices are affected by global factors, which provides more opportunities for you to trade.
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6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast
6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast