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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. 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 instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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 0.50

Contract size CNH 100

One Pip means 1

Value of one Pip CNH 100 (GBP 10.93)

Margin 10%

Minimum stop distance 5

Minimum guaranteed stop distance 30

13:00 - 15:30 (UK - London Local Time)

05:30 - 07:00 (UK - London Local Time)

01:00 - 03:30 (UK - London 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

Analyse commodity price action on charts with live and historical data, available for as long as you need

Trading signals

Identify the right time to trade on commodities and more, with free technical signals

Three types of alert

Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions

Spot markets

Trade gold, silver and more with continuous charting and no monthly expiries

Real-time charts

Trading signals

Three types of alert

Spot markets

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1World's largest retail CFD provider by revenue (excluding FX). Source: Published financial statements, as at October 2016.