The expansion of FP Markets’ Commodity CFDs offering, particularly in hard commodities like Lead (XPB/USD), Zinc (XZN/USD), Nickel (XNI/USD), Aluminium (XAL/USD), and Copper (XCU/USD), as well as the addition of more counterparts to Spot Gold (XAU) like GBP, SGD, and CNH, is highly beneficial for a global trading clientele, especially in the current environment characterized by geopolitical uncertainty, market volatility, and high-interest.
FP Markets has announced an expansion of its commodity CFD offerings, introducing a range of new commodities including Lead (XPB/USD)
Zinc (XZN/USD), Nickel (XNI/USD), Aluminium (XAL/USD), Copper (XCU/USD).
Additionally, the FX/CFD broker launched spot gold (XAU) trading against various currencies like the British pound (GBP), the Singapore dollar (SGD), and the Chinese Renminbi (CNH).
FP Markets provides access to over 10,000 trading instruments
This move responds to growing client demand, enabling traders and investors at FP Markets to explore new opportunities in the commodities market and diversify their investment portfolios.
Christodoulos Psomas, Head of Market Risk and Dealing (Europe) at FP Markets, said: “We are excited to introduce a range of new metal products, expanding our portfolio and offering more diversification options for our clients. This addition enhances our commitment to innovation, ensuring we provide comprehensive trading opportunities tailored to our clients’ evolving needs.”
Beyond commodity CFDs, FP Markets provides access to over 10,000 trading instruments. These include more than 70 currency pairs, worldwide equity indices, individual stocks, a broad range of digital currencies, popular bonds, and ETFs.
Established in 2005, FP Markets is a multi-regulated brand offering a vast array of tradable instruments across key asset classes. The company is known for consistently tight spreads, rapid execution, unmatched 24/7 multilingual customer support, and various account types catering to different trading strategies and styles.
Why expand CFD offering on hard commodities and counterparts to spot Gold?
The expansion of FP Markets’ Commodity CFDs offering, particularly in hard commodities like Lead (XPB/USD), Zinc (XZN/USD), Nickel (XNI/USD), Aluminium (XAL/USD), and Copper (XCU/USD), as well as the addition of more counterparts to Spot Gold (XAU) like GBP, SGD, and CNH, is highly beneficial for a global trading clientele, especially in the current environment characterized by geopolitical uncertainty, market volatility, and high-interest.
Hard commodities and various gold pairings provide a broader range of assets for portfolio diversification. In times of geopolitical uncertainty and market volatility, diversification is key to managing risk. Different asset classes often react differently to market events, thus spreading investments across these commodities can help mitigate overall portfolio risk.
Commodities, particularly precious metals like gold, are often considered a hedge against inflation. During periods of high inflation, which can be exacerbated by high interest rates, holding commodities can help preserve purchasing power.
Hard commodities like copper and aluminum are closely tied to industrial and economic activities. Trading these commodities allows investors to gain exposure to global economic trends, such as the growth of emerging markets or the demand for infrastructure development.
Commodities are often sensitive to geopolitical events, which can cause fluctuations in their supply and prices. Traders who closely follow global events can leverage this sensitivity to make informed trading decisions.
The availability of CFDs (Contract for Differences) on these commodities allows traders to take both long and short positions, providing flexibility to capitalize on market movements in any direction. CFDs offer the ability to use leverage, allowing traders to gain a larger exposure with a smaller capital outlay. This can amplify returns, though it also increases risk.
The inclusion of commodities paired with emerging market currencies like the Chinese Renminbi (CNH), Singapore dollar (SGD), and British pound (GBP) provides traders with access to diverse currency markets. This can be particularly valuable in a volatile forex market driven by regional economic and political developments.
