Trade Cotton No 2 Spot

Trading Conditions
Spread0.00210
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.054685 %
(US$5.47)

Trade size with leverage ~ US$10,000.00

Short position overnight fee ~ US$9,000.00


0.054685%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.076605 %
(-US$7.66)

Trade size with leverage ~ US$10,000.00

Short position overnight fee ~ US$9,000.00


-0.076605%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity100
Margin10
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Cotton

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.