eToro Expands Commodities Range with Eight New Additions

eToro has announced the expansion of its commodities range by adding eight new futures contracts. This move further diversifies the broker’s offerings, providing traders more opportunities to access key markets.

Among the new contracts available are $GasOil.FUT represents a refined petroleum product vital for heating and transport and complies with low-sulfur environmental standards—the $POWER.The FUT contract tracks electricity prices in Germany, a key benchmark for European energy trading—additionally, $UKNatGas.FUT is based on natural gas prices at the National Balancing Point, a primary reference for European gas markets.

eToro Expands Commodities Range with Eight New Additions

The new commodities also include $CANOLA.FUT reflects the price of canola, a significant oilseed crop used worldwide for cooking oil and animal feed. Canadian production heavily influences this contract—the $COAL.FUT contract covers coal, an essential resource for electricity generation, and helps manage price risks amid shifting environmental policies—$ STEEL.FUT offers exposure to steel, an industrial metal crucial for construction and manufacturing, allowing traders to hedge against demand-driven price changes.

The new range also introduces $MILK.FUT plays a key role in the dairy industry, especially cheese production. This futures contract helps producers and buyers manage the price volatility of milk—lastly, $LUMBER.FUT represents lumber, a core building material impacted by housing demand and supply chain factors.

All of these contracts expire monthly, meaning that any open trades on these markets will be automatically closed when the contract expires. Expanding these commodities offers eToro‘s users more ways to hedge risks and diversify their portfolios across different industries and sectors.

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