What Is Commodity Online Trading And How Can You Benefit?Posted by icmarkets on October 17th, 2014 All commodities markets have tremendous impact on people and nations. Historically, shortages on critical commodities have sparked great wars, while oversupply would devalue prices of core commodities. There are four major categories of traded commodities, including energy (different oil and gas), metals (gold, silver, copper, platinum, etc.), livestock and meat (lean hogs, live cattle, feeder cattle, etc.), and agricultural (corn, soybeans, cocoa, rice, sugar, coffee, etc.) Throughout history and in modern times, commodity trading was and continues to be an essential business. In fact, the strength of historic empires and today's modern governments can be proportionate to their ability to manage and create complex trading systems and ease trades. They serve as the wheels of commerce and economic development for their treasuries. Traditional methods (such as calling your commodity broker to place your orders and waiting for calls for an order price) are getting old as more people are trading online. Online commodities trading is exactly like traditional trading, made a lot easier by trading platforms where it is easier to analyse markets through charts, quotes, and strategy evaluations. Order entry is also a lot more convenient than traditional trading methods, as everything you will need is available online. It is critical that you choose an online commodities trading broker with a good product and offers a good service with low commission rates. Thus you can get the most of your investment. Here are some of the greatest advantages of online commodities trading:
About IC Markets Headquartered in Sydney, International Capital Markets Pvt Ltd is a provider of online forex trading services. It offers individual traders, money managers and institutional customers proprietary technology, tools and education to trade online. IC Markets has distinguished itself among industry leaders with its unique True ECN forex technology, proprietary tools and services, and remarkable focus on customer service. IC Markets is regulated by the Australian Securities and Investments Commission in Australia. Like it? Share it!More by this author |