Commodities · Level 1

Gold and Oil Trading Basics

How gold and oil CFDs work, and what moves them

Learn how commodity CFDs work, how gold and oil contracts are sized, what drives their prices and how to manage the risks of trading them.

1. Module 1. How commodity trading works

   • Spot, futures and CFDs on commodities3 min
   • Contract sizes and tick values3 min
   • Trading hours, rollovers and gaps3 min
   • Module quiz · 5 questions · pass 70%Sign up to take quiz

2. Module 2. Trading gold

   • What moves the gold price3 min
   • Gold's volatility and spreads compared with major FX pairs3 min
   • Gold and the US dollar relationship3 min
   • Module quiz · 5 questions · pass 70%Sign up to take quiz

3. Module 3. Trading oil

   • Brent vs WTI3 min
   • What moves oil3 min
   • Oil volatility and risk control3 min
   • Module quiz · 5 questions · pass 70%Sign up to take quiz