Retail FX and CFD broker FP Markets is expanding its commodity offering.
The move allows traders and investors at FP Markets to not only capitalise on new opportunities in the commodities sector but it also broadens the options available for portfolio diversification.
Complementing its existing range of Commodity CFDs, clients trading with FP Markets can now trade and invest in Brent Oil, Cotton and Sugar Futures CFDs:
Description: Brent Crude Oil Fut
Contract size: 1000
Description: US Cotton No. 2 Fut
Contract size: 100
Description: US Sugar No. 11 Fut
Contract size: 100
Available on cTrader, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, the newly added Commodity CFDs are being introduced at a time when Brent Crude – a benchmark for global oil prices – is challenging year-to-date highs, and Cotton and Sugar are fast approaching their year-to-date lows.
FP Markets Head of Risk, Christodoulos Psomas, commented:
‘Aligned with our commitment to diversify offerings and enhance our clients’ trading experiences, we are glad to announce the addition of new futures instruments to our portfolio: BRENT, COTTON, and SUGAR. These new options are designed to complement our existing commodities portfolio and broaden the spectrum of trading opportunities available to our clients. We are dedicated to equipping our clients with comprehensive resources and unwavering support to help them manage these risks effectively and ensure a diversified investment strategy’.