Four commodities spread betting traps to avoid

As more brokers offer spread betting, you can now trade most of the world's major commodities. But there are plenty of traps for the unwary. Here are four to avoid.

As more and more brokers offer spread betting, you can now trade most of the world's major commodities. So whether you prefer 'hard' commodities such as copper or gold, or 'soft' commodities such as sugar and coffee, there's plenty of choice. However, if you are new to the commodities world, make sure you don't plunge into any of the following traps.

Volatility

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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.