Metals trading is the process of buying and selling various metals, such as copper, zinc, nickel, aluminum, iron and steel, on different markets and platforms. Metals trading can be done for various purposes, such as hedging, speculating, investing or diversifying. Metals trading can also offer exposure to the global economic activity, as the demand and supply of metals are influenced by various factors, such as industrial production, consumer demand, geopolitical events and environmental issues.

There are three main ways to trade metals, except for gold and silver, which are considered precious metals:

Spot trading: This is the simplest way to trade metals, as you buy or sell the physical metal at the current market price. You need to have a broker who can store and deliver the metal for you, and you pay a fee for their service. Spot trading is suitable for investors who want to own the metal outright and benefit from its long-term appreciation.

Futures and options trading: This is a more advanced way to trade metals, as you buy or sell contracts that represent a specific amount of metal at a specific price and date in the future. You need to have a margin account with a broker who can execute your trades on an exchange, and you pay a commission for each transaction. Futures and options trading is suitable for traders who want to leverage their capital and speculate on the short-term price movements of the metal.

Forex trading: This is a unique way to trade metals, as you buy or sell one currency against another, based on the exchange rate of the metal. You need to have a forex account with a broker who can provide you with a trading platform and access to the forex market, and you pay a spread for each trade. Forex trading is suitable for traders who want to diversify their portfolio and take advantage of the global demand and supply of the metal.