Aluminium
Aluminium is a versatile metal used in various industries, including construction, transportation, packaging, aerospace and electronics. Trading aluminium can be attractive due to its widespread applications and hedging capabilities. This tutorial explains what influences the price of the industrial metal and how to trade aluminium online. Use our list of the best aluminium brokers to start investing:
Top UK Brokers For Aluminium Trading
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:222 (Pro) -
eToro, a leading multi-asset platform, provides access to trading services across thousands of CFDs, stocks, and cryptocurrencies. Established in 2007, it boasts millions of active traders worldwide and is sanctioned by top-tier regulators such as the FCA and CySEC. It stands out for its extensive social trading feature. Crypto investments are unstable and carry risk. Tax implications might apply. Acknowledge the risks involved. 61% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30 -
Fusion Markets, an online broker since 2017, operates under the regulation of ASIC, VFSC, and FSA. Renowned for offering cost-effective forex and CFD trading, it provides various account options and copy trading solutions to suit diverse trading needs. New clients can begin trading with a simple three-step registration process.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto ASIC, VFSC, FSA MT4, MT5, cTrader, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
Instruments Regulator Platforms Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) FCA, ASIC, FSCA, SCB, FSA MT4 Min. Deposit Min. Trade Leverage $0 0.1 Lots 1:500 (entity dependent)
Pepperstone
XTB
FXPro
IG Index
eToro
Fusion Markets
Trade NationSafety Comparison
Compare how safe the Aluminium are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| XTB | ✔ | ✔ | ✔ | ✔ | |
| FXPro | ✔ | ✔ | ✘ | ✔ | |
| IG Index | ✔ | ✔ | ✔ | ✔ | |
| eToro | ✔ | ✔ | ✘ | ✔ | |
| Fusion Markets | ✘ | ✔ | ✘ | ✔ | |
| Trade Nation | ✔ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Aluminium support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| FXPro | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| IG Index | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| eToro | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| Fusion Markets | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Trade Nation | ✔ | ✔ | ✔ | ✘ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Aluminium at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| XTB | iOS & Android | ✔ | ||
| FXPro | iOS & Android | ✘ | ||
| IG Index | iOS & Android | ✔ | ||
| eToro | iOS & Android | ✘ | ||
| Fusion Markets | iOS & Android | ✘ | ||
| Trade Nation | iOS & Android | ✘ |
Beginners Comparison
Are the Aluminium good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| XTB | ✔ | $0 | 0.01 Lots | ||
| FXPro | ✔ | $100 | 0.01 Lots | ||
| IG Index | ✔ | $0 | 0.01 Lots | ||
| eToro | ✔ | $50 | $10 | ||
| Fusion Markets | ✔ | $0 | 0.01 Lots | ||
| Trade Nation | ✔ | $0 | 0.1 Lots |
Advanced Trading Comparison
Do the Aluminium offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| XTB | Open API | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| FXPro | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| IG Index | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | ✔ | 1:30 (Retail), 1:222 (Pro) | ✔ | ✘ | ✔ | ✔ |
| eToro | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✘ | 1:30 | ✘ | ✔ | ✘ | ✔ |
| Fusion Markets | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| Trade Nation | Expert Advisors (EAs) on MetaTrader | ✘ | 1:500 (entity dependent) | ✘ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Aluminium.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| XTB | |||||||||
| FXPro | |||||||||
| IG Index | |||||||||
| eToro | |||||||||
| Fusion Markets | |||||||||
| Trade Nation |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Reviewer
Pros
- Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year.
- The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes.
- Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
Cons
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
Our Take On XTB
"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."
Pros
- XTB has raised its interest rate on uninvested funds and introduced zero-fee ISAs for UK clients, offering access to 3,000 stocks and 700 ETFs for diverse investment opportunities.
- XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.
- The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
Cons
- It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
- Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
- The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
Our Take On FXPro
"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."
Pros
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
Cons
- There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
Our Take On IG Index
"IG offers a complete package with an intuitive online platform, top-tier beginner education, advanced charting tools through its TradingView integration, real-time data, and swift execution for seasoned traders."
Pros
- The ProRealTime advanced charting platform remains free, provided traders meet modest monthly activity requirements.
- As a seasoned broker, IG adheres to stringent regulatory standards across various regions, ensuring significant trust.
- The IG app provides an excellent mobile trading experience with an intuitive design, earning it the Runner Up position in our 'Best Trading App' award.
Cons
- Based on tests, stock and CFD spreads remain less competitive than the lowest-cost brokers, such as CMC Markets.
- IG imposes a monthly inactivity fee of $12 after two years, discouraging occasional traders.
- IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
Our Take On eToro
"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."
Pros
- The broker offers excellent services for beginners, featuring commission-free stock trading, a low minimum deposit, and an unlimited demo account.
- eToro is a globally recognised brand, operating under top-tier international regulations. It boasts a community of over 25 million users.
- Leading traders participating in the broker's Popular Investor Programme can earn yearly compensation of up to 1.5% of the copied assets.
Cons
- The only significant contact option, besides the in-platform live chat, is limited.
- The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
Our Take On Fusion Markets
"Fusion Markets offers forex traders competitive pricing with minimal spreads, low commissions, and new TradingView integration. It is an excellent choice, especially for Australian traders, given its base and regulation by ASIC."
Pros
- Fusion Markets consistently impresses traders with its competitive pricing, featuring tight spreads and lower-than-average commissions. These cost-effective options are particularly attractive to those engaging in frequent trading.
- The selection of charting platforms and social trading features is outstanding. Options like MT4, MT5, cTrader, and the newer TradingView meet diverse trader preferences.
- With an average execution speed of approximately 37 milliseconds, traders can secure optimal prices more effectively, outpacing many competitors in rapidly changing markets.
Cons
- The broker stands out with its extensive selection of currency pairs, surpassing most competitors. However, its alternative investment options are merely average, lacking stock CFDs outside the US.
- Unlike AvaTrade, there is no specialised trading platform or app tailored for beginners, which is a significant disadvantage.
- Fusion Market falls short compared to competitors like IG in education, offering few guides and live video sessions for enhancing trader skills.
Our Take On Trade Nation
"Trade Nation is ideal for novice traders seeking diverse markets on an easy-to-use platform. It offers no minimum deposit, complimentary funding options, and robust educational resources."
Pros
- The trading firm provides narrow spreads and a clear pricing structure.
- Trade Nation, a highly regarded and well-regulated broker, was formerly known as Core Spreads.
- Access a comprehensive selection of investments through leveraged CFDs, enabling both long and short strategies.
Cons
- Reduced legal safeguards with an offshore entity.
Aluminium Trading Basics
Aluminium trading involves speculating on the price of the metal online. It is traded on various exchanges, including the London Metal Exchange (LME) and users can trade it through various means, such as investing in stocks in mining companies, ETFs, CFDs, and futures.
The global market is dominated by a few key players, including Rio Tinto (Anglo-Australian), Alcoa (US) and Rusal (Russian).
In terms of consumption, China is the key player, accounting for more than 40% of the global supply. Japan, the EU, and the US are the next largest consumers.
History
Aluminium trading dates back to 1825, when Hans Christian Oersted, a Danish physicist, first discovered the metal.
Aluminium was initially considered a precious metal and was more valuable than gold due to the high cost of its production, which involved a complicated extraction process from bauxite ore.
In the late 19th century, technological advancement made it more affordable to produce the metal. This led to increased demand and, by the early 20th century, aluminium had become widely used.
The creation of the London Metal Exchange (LME) in 1877 was a significant milestone in its history. The LME allowed for speculation via aluminium futures contracts, which enabled producers and consumers to hedge against price fluctuations.
Today, aluminium trading is an important part of the global economy.
Price Chart
Factors Influencing Aluminium Prices
- China: As the world’s largest consumer of the industrial metal, demand in China can have a significant impact on prices. A growing Chinese economy in recent decades has pushed up prices of aluminium, but if prosperity wains then the price of the metal may suffer. China primarily uses aluminium for packaging, transportation and electronics.
- Competing Materials: Aluminium plays a key role in the aerospace and automobile industries. However, competition from carbon fibre, for example, is threatening its role in construction. As lighter composite alternatives become more technologically advanced and lower in price, the value of aluminium may take a hit.
- Production Costs: The cost of producing aluminium influences its price. Movement in the price of electricity and oil, in particular, can have a large impact on the price of the metal. Recycled aluminium will also be affected by the current price of scrap metal.
- Currency Exchange Rates: As aluminium is traded globally, exchange rates between currencies can significantly impact the price of aluminium. Aluminium is quoted in US dollars, so producers bank more dollars when the dollar is weak and vice versa.
- Economic & Political Factors: Economic factors such as GDP, inflation and interest rates can impact the price of the commodity. Political factors such as trade policies and geopolitical tensions can also affect its value. For example, the pandemic led to a global economic slowdown, which decreased demand for aluminium as industries scaled back their production. At the same time, political tensions between the US and China led to tariffs on aluminium imports, which disrupted the global supply chain. As a result, prices fell sharply in the first half of 2020.
- Environmental Regulations: Environmental regulations like carbon taxes and emission standards can ramp up the costs involved in producing and exporting aluminium, subsequently influencing its price on the markets. For example, the European Union’s Emissions Trading System (ETS), a cap-and-trade system that sets a limit on the amount of greenhouse gas emissions that can be emitted by certain industries in the EU, has increased production costs, affecting the global supply chain and influencing market demand for aluminium products.
How To Invest In Aluminium
- Futures Contracts: Aluminium futures allow traders to speculate on the price of the commodity at a future date. These contracts are sold on exchanges such as the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) but can be accessed through some popular online brokers.
- Contracts For Difference (CFDs): These leveraged derivatives allow traders to bet on rising and falling aluminium prices. CFDs are particularly popular with short-term traders and are widely available at UK brokers.
- Mining Companies: Investing in the stocks of mining companies that produce aluminium is another way to gain exposure to the metal. This can be done by buying shares of companies such as Rio Tinto, Alcoa, Rusal, Arconic, and Century Aluminium.
- Exchange-Traded Funds (ETFs): Aluminium ETFs allow investors to trade the metal much like one would a stock. These funds track the performance of the aluminium market alongside other assets and can provide diversification to portfolios. Popular products include the WisdomTree Aluminium ETF.
- Bullion: Aluminium can also be bought in its purest form, i.e the metal itself. It is typically sold in parts, coins and cans. The downside of this approach is transportation and storage costs.
Advantages Of Aluminium Trading
- Diversification: Investing in aluminium provides an opportunity to diversify away from products like stocks and bonds. It can also provide a hedge against inflation and currency risk.
- High Liquidity: The aluminium market is highly liquid, meaning that investors can buy and sell aluminium easily and quickly, often with low transaction costs.
- Potential For Returns: The aluminium market can be volatile, with prices fluctuating based on a range of factors. This can provide potential opportunities to make a yield.
- Growing Demand: Aluminium is widely used in various industries, including construction, aerospace and packaging. As the global economy grows, the demand for aluminium is also likely to increase. In particular, trading aluminium is a way to bet on growing Chinese demand.
- Flexibility: There are several ways to profit from changes in aluminium’s value, including futures, CFDs, ETFs and targeted stock trading.
Disadvantages of Aluminium Trading
- Supply And Demand Imbalance: Recent years have seen an overproduction of commodities in China, including aluminium. This excess supply can negatively hit prices.
- Currency Risk: A rising US dollar is normally bad news for commodity prices, including aluminium. Investors may see their holdings fall if the dollar strengthens.
- Market Volatility: As with many commodities, the aluminium market can be highly volatile, resulting in substantial losses for those that do not manage risk effectively.
- Geopolitical Risks: Political instability, trade policies and other geopolitical factors can impact the value of aluminium products, leading to possible losses.
Comparing Aluminium Brokers
Access To Aluminium Markets
Check whether the broker offers access to aluminium markets, whether that be futures from the London Metal Exchange (LME) or the Shanghai Futures Exchange (SHFE). Some aluminium brokers may also offer access to regional metal markets, such as the Dubai Mercantile Exchange (DME) or the Multi Commodity Exchange (MCX) in India.
Also check for the trading products offered, from direct share dealing to ETFs, CFDs, futures and options.
Spreads & Fees
The best aluminium brokers offer low and transparent trading fees. Pepperstone, for instance, has a minimum spread of 3.3000 on aluminium while the average spread is 4.9270.
Regulation
Investing through brokers that are regulated by the Financial Conduct Authority (FCA) will provide the best protection against scams, fraud or malpractice.
For example, eToro is a popular broker that offers aluminium trading to UK traders and is regulated by the FCA.
Trading Platforms
Consider the trading platforms offered by aluminium brokers as these will be used for any technical analysis and position management. Look for real-time market data, built-in automation sections, one-click trading and interface customisation.
For example, Fusion markets, offers popular third-party platforms like MetaTrader 4 and MetaTrader 5.
Risk Management Tools
Check whether the company offers risk management tools like stop-loss orders and take-profit orders. These can help manage risk exposure and minimise potential losses from significant aluminium market events.
For example, you can set a stop-loss at a certain price level to automatically close your position if the market moves against you.
Educational Resources
Consider the educational resources offered by the broker, such as aluminium market analysis, news updates, and educational webinars. These resources can help traders stay informed about the market and make informed trading decisions. Some brokers offer daily market analysis reports, strategy tips, and webinars hosted by industry experts.
Aluminium Trading Hours
The opening hours for aluminium depend on the market on which the products in question are traded. The two major markets for aluminium trading are the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE).
The LME is the world’s largest metal exchange and offers investing via aluminium futures and options contracts. The LME aluminium opening hours are Monday to Friday, 01:00 to 19:00 GMT with a lunch break between 12:30 and 13:25 GMT. The LME also offers pre-market and post-market (extended hours) trading sessions for aluminium futures contracts, which run from 20:00 to 01:00 GMT and from 19:00 to 20:00 GMT, respectively.
The SHFE is the largest futures exchange in China and offers investing in aluminium futures contracts. The SHFE trading hours for aluminium are Monday to Friday, from 09:00 to 15:00 CST, with a break from 11:30 to 13:30 CST.
Bottom Line On Aluminium Trading
As one of the most widely used metals, aluminium has a strong demand from various industries, making it a popular commodity for financial speculation. However, this does come with its own set of risks, including market volatility, currency risk and threats from alternative materials.
Our list of top aluminium brokers can help prospective speculators get started.
FAQ
What Influences The Price Of Aluminium?
The value of aluminium is impacted by a variety of factors, including Chinese demand, production costs, construction and transportation demand, and the strength of the US dollar. For example, if there is an increase in demand for aluminium due to growth in the automotive industry, the price of the commodity may rise. Conversely, if there is an oversupply of the metal in the market from China, the price may fall.
How Do I Choose An Aluminium Broker?
What Are The Benefits Of Aluminium Futures Contracts?
Trading aluminium futures contracts allow you to take advantage of price movements in the metal market without having to own kilograms of physical aluminium. Futures contracts also offer leverage, which can amplify gains (or losses) on a smaller initial investment. In addition, they are a popular hedging tool.
Are There Risks Associated With Aluminium Trading?
Like all forms of speculation, aluminium trading comes with risks, especially in the face of market volatility and unexpected geopolitical events. Traders should carefully consider their risk tolerance and financial goals before engaging in any online investing activity.
Article Sources
Aluminium futures and options – CME Group