Spot has a particular significance in relation to IG's platform. Here, we define spot in general investing and explain what it means to you when trading with IG.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please 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 ensure that you fully understand the risks involved.
Spot definition
In trading, spot refers to the price of an asset for immediate delivery, or the value of an asset at any exact given time. It differs from an asset’s futures price, which is the price for delivery at some date in the future, or its expected price.
Any asset that can be traded as a future can be quoted as a spot price. It is most commonly used in commodities, where markets like Spot Gold signify a trade where delivery of the gold would be immediate.
Forex trades can also use spot prices, as deliveries of currency usually take place 48 hours after a trade has executed.
With IG
You can enjoy the benefits of spot markets on all of our key commodity assets. Take a short-term view without many of the problems of traditional futures, as our prices are derived from an algorithm measuring the forward curve of each commodity.
Visit our commodities section
Find out more about commodities trading with IG.
We also quote spot prices for FX trades.
Contact us
Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday
+65 6390 5118
You can also email us helpdesk@ig.com.sg
Contact us
New client: +65 6390 5133 or accountopening@ig.com.sg
Clients: Help and support
WhatsApp: Click here
