Trade US Cocoa Spot CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 2.9
• 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: 22:00 (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 US Cocoa Spot

Price constructed using front two months of Cocoa US futures.

Each day at 18:29:55 UTC, the undated commodity price is adjusted to reflect the difference between the settlement price of front- and back-month futures. At the same time, a matching cash adjustment is applied — ensuring the overall position remains neutral as the roll progresses. This cash adjustment is fully offset by the running profit or loss on the position.

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).