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Tom Nalichowski
Within 1 year

Is it possible to trade assets such as Gold (XAU/USD) and Crude Oil through Morrison?

Broker Issues
Morrison
Instruments
Platform
Leverage
Account
06-05
United States
WikiFX
Reply

Based on my experience navigating various brokers and analyzing Morrison’s offering, I found that trading assets like Gold (XAU/USD) and Crude Oil is not possible through this broker. Morrison is an established, ASIC-regulated firm with over 20 years in the Australian market, but their product lineup focuses almost exclusively on cash equities, equity options, warrants, ETFs, bonds, investment trusts, and select structured products linked to the Australian and affiliated exchanges. I carefully examined the instruments available and noted that Morrison does not support forex, commodities, indices, or cryptocurrencies as tradable products. That means, for traders like myself looking to access precious metals or energy commodities such as Gold or Crude Oil, Morrison would not be a suitable venue. This narrower range isn’t necessarily negative—it often reflects a deep specialization and robust regulatory adherence in their chosen markets—but it does require potential clients to be clear about their trading priorities. In my view, specialization in regulated equities markets can be an advantage for investors focused on those instruments. However, for multi-asset exposure, especially to commodities, I would need to look elsewhere. Ensuring the product offering aligns with one’s portfolio needs is essential for prudent trading and investment decisions.

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