Open an account
Already an IG client? Log in to trade
It’s free to open an account, takes less than five minutes, and there’s no obligation to fund or trade.
The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
Minimum size 0.05
Contract size RIN 6
One Pip means 1 $ per tonne
Value of one Pip USD 6 (GBP 4.66)
Minimum stop distance 42
Minimum guaranteed stop distance 200
12:00 - 05:00 (Australian - Melbourne Local Time)
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 24.17 Contracts||8%|
|2||24.17 - 48.33 Contracts||16%|
|3||48.33 - 72.5 Contracts||24%|
|4||72.5 + Contracts||40%|
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.
[Pricing for this market is based on the 3 month forward quotes for the underlying instrument]
Plus news and opinion from our expert analysts
With trading opportunities 24 hours a day
Seamless functionality with our multi-device platform
Plus tiered margining for even better value
Outstanding execution with no third-party bridges
100+ technical indicators and automated trading with ProRealTime
On Thursday 6 December, IG’s Victoria Scholar sat down with economist Daniel Lacalle and mining analyst John Meyer to discuss base metal markets in our final #IGCommodityChat. Their conversation touched on the base metals outlook for 2019, including production, the influence of the dollar, and p...