Palladium Spread Betting

cf_market_short Trading Guide

The CleanFinancial guide to Palladium spread betting.

Live Palladium Chart & Prices

The following CFD chart offers readers a nice guide to the Palladium market.

The Plus500 chart that we use above normally tracks the near-term Palladium futures price.

Should you want access to real time spread betting charts/prices for Palladium, you will normally require a financial spread betting account.

Also, a spreads account gives you access to short-term daily prices. Users should note that all such accounts are normally dependent on credit, status and suitability checks.

If your new account is approved then, when you log on, you will be able to see the real-time trading charts/prices. On most platforms, these are provided as part of the service. So what’s the catch? You could receive the odd sales letter and/or email from your financial spread betting firm.

Of course, if you do trade then you should remember that contracts for difference and spread betting do carry a significant level of risk and you can lose more than your initial deposit.

Where Can I Spread Bet on Palladium?

You can financial spread bet without paying any brokers’ fees on Palladium, and a wide variety of similar spread betting markets, via:

Palladium Futures Trading News

5 May 2018, 12:56pm, Updated Palladium COT Report

The latest Commitments of Traders Report (COT) for Palladium has been released by the CFTC, see our Palladium COT report below.

We have also updated our Commodities COT Summary Report.

Update by Gordon Childs, Editor, CleanFinancial
5 May 2018, 8:17pm, Updated Palladium COT Report

The latest Commitments of Traders Report (COT) for Palladium has been released by the CFTC, see our Palladium COT report below.

We have also updated our Commodities COT Summary Report.

Update by Gordon Childs, Editor, CleanFinancial

» For more see Commodities Trading News & Analysis.

Technical Charting Packages for Palladium

Whilst charting software and packages normally vary from platform to platform, to help you with your analysis, the majority of charts usually have handy tools, including:

  • A broad range of time periods e.g. 1 minute, 4 hours, 1 week and so on
  • Various displays e.g. OHLC and candle charts
  • Tools for adding features e.g. trendlines, Fibonacci fans, arcs and time zones

The charts with CapitalSpreads also include more advanced features such as:

  • Customisable Indicators, Back Testing and Optimisation tools
  • Key chart overlays e.g. Moving Averages, Ichimoku Clouds, Price Channels and so on
  • Secondary indicator charts e.g. Stochastic, Chaikin’s Volatility, % Price Oscillator and so on
  • Email alerts for when your chosen market hits a specific level

Financial Spreads commodity market trading chart

The financial spread betting companies in the list below give clients access to real-time prices/charts:

Where Can I Trade Palladium for Free?

Trading the financial markets is not without its risks, but if you would like to try an entirely free Test Account, where you can trial spread betting, please see below for further details.

When considering which trading option is right for you, also remember that spread trading in the UK is currently tax free*, i.e. it is exempt from income tax, capital gains tax and stamp duty.

If you want to try a low cost financial spread betting website then keep in mind that you can take a position on Palladium with no brokers’ fees with firms like:

Free Demo Account

If you’re looking for a (free) Test Account / Practice Account which allows you to try spread betting on markets such as Palladium, then you could always have a look at:

Each of these spread trading companies currently provide a free Practice Account that lets users study professional level charts, gain experience with a range of trading orders and test new trading ideas.

How to Spread Bet on Palladium?

As with many global markets, you are able to place a spread bet on futures markets, like Palladium, to either increase or decrease.

Looking at a financial spread betting platform like IG, you can see that they have priced the Palladium March Futures market at $735.90 – $737.90. As a result, an investor can spread bet on Palladium:

  Palladium Spread Trading Example Settling above $737.90, or
  Palladium Spread Betting Example Settling below $735.90

On the closing date for this ‘March’ market, 27-Feb-14.

When spread trading on Palladium you trade in £x per $1.00. Therefore, if you decided to have a stake of £4 per $1.00 and Palladium moves $39.00 then that would make a difference to your profits (or losses) of £156. £4 per $1.00 x $39.00 = £156.

Palladium Futures – Commodity Spread Betting Example

So, if we consider the spread of $735.90 – $737.90 and make the assumptions:

  • You’ve done your market analysis, and
  • Your analysis suggests that the Palladium market will finish above $737.90 by 27-Feb-14
Then you could decide to buy a spread bet at $737.90 for a stake of £4 per $1.00.

With such a spread bet you make a profit of £4 for every $1.00 that Palladium moves higher than $737.90. However, you will make a loss of £4 for every $1.00 that the Palladium market decreases below $737.90.

Put another way, if you buy a spread bet then your profits (or losses) are calculated by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that price difference by your stake.

Subsequently, if, on the closing date, Palladium closed at $769.30, then:

Profit = (Closing Price – Opening Price) x stake
Profit = ($769.30 – $737.90) x £4 per $1.00
Profit = $31.40 x £4 per $1.00
Profit = £125.60 profit

Spread betting on commodities is not straightforward. In this example, you wanted the commodity to increase. Of course, the commodity could fall.

If Palladium decreased, settling lower at $710.20, then you would end up losing this trade.

Loss = (Closing Price – Opening Price) x stake
Loss = ($710.20 – $737.90) x £4 per $1.00
Loss = -$27.70 x £4 per $1.00
Loss = -£110.80 loss

Note – Palladium March Futures spread betting market taken as of 18-Feb-14.

Palladium Commitments of Traders Report – 15 May 2018 (i)

Futures Only Positions, NYME, Code 75651, (Contracts of 100 troy ounces) (i)

Reporting Firms (i) Non-Reportable Positions (i)
Non-Commercial (i)
Commercial (i) Total Reportable (i)
Commitments (i) Open (i) Interest Commitments
Long (i) Short (i) Spreads (i) Long Short Long Short Long Short
13,620 2,936 1,401 7,283 18,366 22,304 22,703 23,876 1,572 1,173
Changes from 8 May 2018 (i) Change in (i) Open Interest Changes from
Long Short Spreads Long Short Long Short Long Short
849 461 -86 767 1,162 1,530 1,537 1,425 -105 -112
Percent of Open Interest for Each Category of Trader (i)
Long Short Spreads Long Short Long Short   Long Short
57.0% 12.3% 5.9% 30.5% 76.9% 93.4% 95.1%   6.6% 4.9%
Number of Traders in Each Category (i) Total (i) Traders  
Long Short Spreads Long Short Long Short    
60 30 16 24 35 93 74 138    
Long/Short Commitments Ratios (i)   Long/Short Ratio
Ratio   Ratio Ratio   Ratio
4.6:1   1:2.5 1:1   1.3:1
Net Commitment Change (i)  

Also see: