Zinc trading is one of the many ways to break into non-precious metal commodity trading. Although this 2024 guide cannot guarantee that you will get rich from intraday Zinc trading, it will provide a tool kit to help you get started. We will explore what it is and a brief history before delving into how to trade Zinc as well as the benefits and disadvantages of doing so. We also share strategies and tips on trading the commodity and list the the best Zinc brokers.

The Best Brokers For Zinc Trading

These are the 3 best brokers for trading Zinc:

74-89 % of retail investor accounts lose money when trading CFDs

What Is Zinc Trading?

Zinc trading involves speculating on the future movements of the value of zinc using a variety of different financial products, such as bullion, CFDs, options and futures. A form of commodities trading, zinc speculation sits alongside aluminium and copper as a functional, non-precious metal that is used the world over.

Zinc is primarily produced by China, Peru, Australia, the USA, Canada, India and Kazakhstan. The popularity and abundance of the metal come from its use in a wide variety of products and industries. These include medicine, anti-rust layering, paint, TV & X-ray screens, die-casting alloys, brass and batteries. Top zinc trading strategies 2024

History Of Trading Zinc

Historical data on the price of Zinc can be found on Trading Economics or through price charts on analysis platforms like TradingView, going back as far as February 1960. The metal trading industry was not well regulated until the late 1970s, when trading became available on exchanges such as the London Metal Exchange (LME). Before this point, zinc prices barely breached USD 360/tonne.

The highest recorded price of Zinc was USD 4603.00/tonne in November 2006, attributed to a global metal deficit.

Factors That Influence The Price Of Zinc

Below is a list of key price drivers for Zinc:

How To Trade Zinc

Pros Of Trading Zinc

Cons Of Trading Zinc

Zinc Trading Strategies

How To Start Trading Zinc

Tips For Trading Zinc Today

Final Word On Zinc Trading

Zinc intraday trading can be an exciting opportunity to make some money from one of the less popular, therefore more volatile, metal commodities. Zinc can be speculated upon using a wide array of technical and fundamental analysis approaches, allowing you to take advantage of statistical recurrences and global events to make a profit. However, always be sure to enact strict risk management to keep your profits intact.

See our list of Zinc brokers to get started today.


What Are The LME Zinc Trading Hours?

LME Zinc’s opening hours are 11:40 GMT and its closing hours are 17:00 GMT. However, the exchange’s inter-office telephone trading service is open 24 hours a day.

Is Zinc Trading Risky?

All financial speculation carries with it a level of risk, even zinc trading. However, through careful strategising and risk management, you can help mitigate the losses caused by the unpredictable markets.

Where Do I Learn More About Trading Zinc?

There are a huge number of resources for zinc trading. Take to the internet for a wide array of webinars, PDFs, ebooks, video tutorials and blog posts or even find a physical book to read.

What Happened To IronBark Zinc Limited?

Ironbark Zinc was a big name as the Australian Securities Exchange. In 2018, the company was granted a trading halt by the Australian Stock Exchange (ASX) for capital raising. They have since been successful.

Is Trading Zinc Halal?

Zinc trading can be both halal and haram, depending on how it is undertaken. If you are careful with your analysis and ensure that every position you take is well-informed, it will tend to be halal. You should also look out for Islamic accounts, which remove any overnight swap payments.