FP Markets Expands Commodity CFDs With Spot Gold, Lead, Zinc & More

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Written By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.

Multi-regulated FP Markets has responded to client requests by widening its choice of commodity CFDs.

Key Takeaways

  • Users can now trade spot gold and silver against several traditional currencies including SGD.
  • Hard commodities like lead, zinc, nickel and copper can also be traded against USD.
  • The metal CFDs are available on the broker’s MT4, MT5 and cTrader platforms.

Alongside the current selection of commodities, traders can now take positions on spot gold (XAU) paired with currencies like the British Pound (GBP), the Singapore Dollar (SGD) and the Chinese Renminbi (CNH).

The other new metals can be traded against the US Dollar and found in the broker’s platforms under the following symbols: Lead (XPB/USD), Zinc (XZN/USD), Nickel (XNI/USD), Copper (XCU/USD) and Aluminium (XAL/USD).

News about fresh commodity CFDs at FP Markets

FP Markets Head of Market Risk and Dealing in Europe, Christodoulos Psomas, commented on the move: “We are excited to introduce a range of new metal products, expanding our portfolio and offering more diversification options for our clients.”

About FP Markets

FP Markets is a forex and CFD broker, launched in 2005 and regulated by the Australian Securities & Investments Commission (ASIC) and Cyprus Securities & Exchange Commission (CySEC).

In addition to the expanded commodity CFDs, FP Markets continues to offer access to 10,000+ instruments, including forex, indices, stocks, bonds, cryptos and ETFs.

New traders can choose between the Standard account with commission-free trading and spreads from 1 pip or the Raw account with spreads from 0.0 pips and a $3 commission per side.

The minimum deposit for both accounts is $100.

Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.