Glencore Plc

Glencore Plc is a leading multinational commodity trading and mining company headquartered in Switzerland. With a presence in over 50 countries, Glencore is a major producer and marketer of commodities such as copper, cobalt, zinc, nickel, coal, and oil. The company's business model involves sourcing, processing, and distributing raw materials to customers worldwide. In addition, Glencore has a significant presence in the agricultural sector, with operations in grains, oilseeds, and cotton. Thanks to its diverse portfolio of assets and expertise in commodity trading, Glencore has been able to weather market fluctuations and maintain a strong financial position. The company is committed to sustainable development and responsible business practices, with a focus on environmental stewardship, social responsibility, and ethical conduct.

Instrument specification in OANDA

Name GLEN_CFD.UK
Minimum order value 1.000
Description Financial Instrument which price is based on Glencore Plc
Maximum order value 8682.000
Transaction Step 1.000
Type Equities UK
Trading Hours monday-friday 09:01-17:30
Contract size / 1 lot Price * 1 GBX
Deposit required 20%
Value of 1 pip 0.01000
Financial leverage 5:1
Minimal step 0.01000
Long swap (daily) -0.02064%
Short sale YES
Short swap (daily) 0%
Distance SL and TP 0
3-day swap (date) 5

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