Which commodities and indices can I trade at Pivex?
Modified on Thu, 5 Nov at 6:52 AM
At Pivex you can trade popular commodities — Gold (XAU/USD), Silver (XAG/USD) and Oil (WTI and Brent Crude) — and major stock market indices — NAS100, SPX500 and UK100 — on MatchTrader. The availability of certain instruments may vary based on the current market conditions and your account type; check your platform for the latest list and spreads.
Commodities
Commodities are raw materials or primary agricultural products that can be bought and sold. At Pivex, you can trade some of the most popular commodities that play a significant role in the global economy.
- Gold (XAU/USD): one of the most traded commodities, often seen as a safe-haven asset.
- Oil (WTI and Brent Crude): both types of crude oil are widely traded, and their prices are heavily influenced by geopolitical events, economic data, and natural resource discoveries.
- Silver (XAG/USD): another precious metal commonly traded, often used as a hedge against inflation or economic uncertainty.
Example: if you expect the price of Gold to rise due to economic uncertainty, you might buy XAU/USD. If the price increases, you can sell at a profit.
Indices
An index is a measurement of a section of the stock market, and it represents a group of stocks from a particular industry or market. Trading indices allows you to speculate on the overall movement of these markets, rather than individual stocks.
- NAS100 (NASDAQ 100): includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange, primarily tech-focused.
- SPX500 (S&P 500): tracks the 500 most significant publicly traded companies in the U.S. market.
- UK100 (FTSE 100): includes the 100 largest companies on the London Stock Exchange.
Example: if you believe the S&P 500 will rise due to positive economic news, you can buy SPX500. If the index moves higher, you can profit from the increase.
Related: What instruments can I trade? · Can I trade crypto and stocks at Pivex?