Skip to content

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

Iron Ore

(IRN)

Iron Ore chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

  • Costs and details
  • Related markets

Minimum size 0.12

Contract size CNH 100

One Pip means 1

Value of one Pip CNH 100 (CHF 12.12)

Margin 5%

Minimum stop distance 5

Minimum guaranteed stop distance 30

14:00 - 16:30 (Switzerland)

06:30 - 08:00 (Switzerland)

02:00 - 04:30 (Switzerland)

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 94.95 Contracts - CNH 5%
2 94.95 - 189.9 Contracts - CNH 6%
3 189.9 - 284.85 Contracts - CNH 7%
4 284.85 + Contracts - CNH 7.5%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

GMT+8 (China Standard Time) Hours: 09:00 - 10:15 Session I 10:30 - 11:30 Session II 13:30 - 15:00 Session III 21:00-23:00 Overnight Session

Why IG Bank?

Gold spreads from just 0.3 points

Continuous, backdated commodity charting

Wide range of energies, metals and softs

Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

Discover opportunity in-platform

Discover opportunity in-app

Open a free, no-risk demo account to stay on top of commodity movement and important events.

Real-time charts

Analyse commodity price action on charts with live and historical data, available for as long as you need

Trading signals

Identify the right time to trade on commodities and more, with free technical signals

Three types of alert

Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions

Spot markets

Trade gold, silver and more with continuous charting and no monthly expiries

Real-time charts

Trading signals

Three types of alert

Spot markets

You might be interested in…

Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG Bank.

Discover why so many clients choose us, and what makes us the world's No.1 provider of CFDs.1

Improve your trading skills by working through interactive courses on the IG Academy app.

1 Based on revenue (published financial statements, 2022)