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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure 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 0.05

Contract size CNH 100

One Pip means 1

Value of one Pip CNH 100 (GBP 10.90)

Margin 10%

Minimum stop distance 10

Minimum guaranteed stop distance 10.0%

00:00 - 02:30 (Australian - Melbourne Local Time)

16:30 - 18:00 (Australian - Melbourne Local Time)

12:00 - 14:30 (Australian - Melbourne Local Time)

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

Tier Position size Margin
1 0 - 94.95 Contracts - CNH 10%
2 94.95 - 189.9 Contracts - CNH 10%
3 189.9 - 284.85 Contracts - CNH 10%
4 284.85 + Contracts - CNH 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.

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?

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%.

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Real-time charts

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Three types of alert

Spot markets

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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.

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1Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.