Trade Cocoa US Future CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 6.8
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.01096 %(-$11.00)Trade size with leverage ~ $100,000.00Money from leverage ~ $$99,000.00Go to platform: -0.01096%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.01096 %(-$11.00)Trade size with leverage ~ $100,000.00Money from leverage ~ $$99,000.00Go to platform: -0.01096%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.01
• Margin: 1.00%
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 0.05%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01096 %
  (-$11.00)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01096 %
  (-$11.00)

Trade Cocoa US Future

The N.Y. Cocoa contract serves as a price benchmark for the world’s cocoa prices. 16 out of 20 top chocolate consuming countries are from Europe, with Americans enjoying 3 billion pounds of chocolate every year.
The top 5 chocolate manufacturers include the Ivory Coast, Indonesia, Cameroon, Nigeria and Ghana. Together they account for 70% of the world’s cocoa production. Chocolate consumption is seasonal and the demand for chocolate creates a direct demand for cocoa. Cocoa futures are traded New York Board of Trade (NYBOT), a subsidiary of the Intercontinental Exchange (ICE).

Settlement is determined by the official settlement price of the ICE NYBOT Cocoa future on the expiry date shown, adjusted for spread.

Expiry Time: 11:30 Eastern Time