CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Minimum size 0.25
Contract size GBP 10
One Pip means 1 £ per tonne
Value of one Pip GBP 10 (USD 12.62)
Margin 10%
Minimum stop distance 10
Minimum guaranteed stop distance 60
13:30 - 20:50 (Gulf Time Zone)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 60 Contracts - USD | 10% |
| 2 | 60 - 120 Contracts - USD | 10% |
| 3 | 120 - 180 Contracts - USD | 10% |
| 4 | 180 + Contracts - USD | 10% |
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.
Expiry date 06/12/24
Last dealing date and time 06/12/24 20:50
Settlement
Settles based on the official settlement price of the ICE Europe Cocoa future on the last dealing day +/- IG dealing spread.
Last rollover time 06/12/24 20:35
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Why IG?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
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Open a free, no-risk demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
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Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
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*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**
*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**
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.
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.
**IG International Limited is an IG entity based in 16 Burnaby Street, Hamilton HM11, Bermuda and regulated by the Bermuda Monetary Authority.
1Based on revenue (published financial statements, 2023)
New client: 00971 (0) 4 559 2108 or sales.ae@ig.com
Clients: 00971 (0) 4 559 2104
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