Trade Cotton No 2 Spot CFD


Trader sentiment

% Buyers % Sellers
  • Long position overnight fee -0.0263%
  • Short position overnight fee -0.0194%
  • Overnight fee time 21:00 (UTC)
  • Min traded quantity 1
  • Currency USD
  • Margin 10%
  • Stock exchange United States of America
  • Trading hours (UTC)
    Mon - Fri: 01:00 - 18:20
  • Commission on trade 0%

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One of the basic crops, cotton makes a key input in the world’s food, agriculture and textile industries. 64% goes to apparel, 28% is used for furnishings, and 8% accounts for industrial products. Only in the US cotton stimulates $120 billion of business revenue. In general, China is the biggest consumer and producer of cotton, serving 43% of the world’s consumption and 29% of the world’s production. Increasing demand for cotton on the emerging markets is the key driver for cotton prices. Traded on the New York Board of Trade, Cotton No. 2 has the ticker symbol CT.
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How we make money? makes the majority of it’s money through the spread, the difference between the buy and sell price.

Trade commodities with leverage

Commodities are available to trade with up to 10:1 leverage. Start trading with as little as $100 to control a position of $1000

Commodities CFDs

  • Trade 24/5 on a wide range of commodities

  • Buy and sell commodities to take advantage of rises and falls in price

Profit and loss control

You can easily define Stops and Limits to request positions to close at a specified price.

Set up price alerts to be informed of big moves.

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