fbpx

Compare Brokers for Uranium Trading


Use our comparison tables to compare brokers for Uranium trading. Compare key features like research, added value, market access, commissions and costs.

Best Brokers For Uranium Trading CFDs (Contracts For Difference)

Use our comparison tables to compare CFD brokers authorised and regulated by the FCA. Choose or switch to a CFD broker that offers the most markets, best pricing and client security.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Featured CFD BrokerWhat can you trade via CFDs?What are the CFD trading costs?CEO InterviewMore Info

IG

IG clients can trade a range of over 17,000 CFD markets Trade CFDs on interest rates, bonds, sectors, forex, indices, global shares, commodities and cryptocurrencies Opening an account is free, and charges are competitive. Trade spreads from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the Germany 30 and FTSE 100, and 0.3 points on Spot Gold.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade contracts for difference (CFDs) and access over 9,500 instruments with competitive spreads. Trade CFDs on forex, indices, cryptocurrencies, commodities, shares and treasuries. Trade CFDs on major forex pairs from 0.7 points and popular indices from 1 point. When trading UK shares a commission is charged from 0.1% or 2 cents per unit for US.

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

150+ instruments across FX, indices, equities, cryptos, energy and commodities, and more, across three, free powerful platforms During liquid times, CFD spreads can go as low as 0 pips on the EURUSD on the Pepeprstone Razor account Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews
Fineco Trade Fineco CFDs on thousand of asset classes Equity, Indices, Commodities, bond and Interest Rates Share CFDs have no additional spreads, indices have spread as low as 0.4pips on S&P 500 and 0.6pip on Nasdaq 100 and FTSE 100. FX spreads on 50+ pairs from 0.8pips.

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews

Saxo Capital Markets

Access 9,000+ CFDs and trade CFDs on single stocks, indices, forex, commodities, options and bonds. Ultra-competitive pricing for trading UK stock CFDs from GBP 8, and US 30 Wall St. from 2 points. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade over 1500 global CFD markets including Forex, Cryptocurrencies, Indices, Commodities, Share CFDs and ETFs. Low forex spreads from 0.1 pips, stock CFD commission from 0.08%

Arnaout Omar Omar Arnaout

Visit XTB

XTB Reviews

Spreadex Financials

Spreadex

Trade one of the widest ranges of CFD markets including shares, indices, forex, commodities, bonds and interest rates. CFD spreads start from just 0.6 pts on EUR/USD, 1pt on UK 100 and 0.4 pts on Gold

Jonathan Hufford

Visit IG Website

Spreadex Reviews

eToro

Trade CFDs in USD on eToro on a wide range of stocks, forex, indices, commodities and copy other CFD traders Cost are based in USD and eToro CFD trading costs are built into the spread.

Yoni Assai Interview

Visit eToro

eToro Reviews

Plus 500

Trade CFDs on a wide range of Indices, Forex, Commodities, Crypto, Shares, Options and ETFs Plus 500 CFD spreads are variable, yet competitive for new traders. There is no commission. Overnight funding is charged on positions. Coming Soon Visit Plus 500

Plus 500 Reviews

City Index

CFD Trading with City Index gives you access to over 4000 global markets including Indices, Shares, FX, Commodities and Bonds. Fixed and variable CFD spreads from 0.5 points with benchmark UK financing is LIBOR +/-2.5% Coming Soon Visit City Index

City Index Reviews

ETX Capital

Trade CFDs on ETX on over 5,000 instruments in all major asset classes including FX, Indices, Shares and Commodities.. Trade CFDs low commissions through ETX's pooled liquidity from a range of sources to deliver the best prices and narrowest spreads. Phil Adler CEO Interview ETX Reviews

Best Brokers For Financial Spread Bet Uranium Trading

Use our comparison reviews to compare spread betting broker costs, spreads, offers and features. Only Spread Betting Brokers authorized and regulated by the FCA where client funds are protected under the FSCS are featured.

Spread betting carries a high level of risk and losses can exceed your deposits. Featured brokers appear first.

Featured Spread BettingBrokerWhat markets can you spread bet on?How much are the spread betting fees?CEO InterviewMore Info

IG

Go long or short and spread bet on more than 17,000 markets with IG, the world’s No.1 provider Spread bet from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the Germany 30 and FTSE 100, and 0.3 points on Spot Gold.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Spread bet on the price movements of thousands of financial instruments, including indices, currencies, cryptocurrencies, commodities, shares and treasuries. Competitive spreads on our spread betting instruments, including major FX pairs from 0.7 points, major indices from 1 point and crude oil from 3 points.

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

Spread bet on 150+ instruments across FX, indices, equities, cryptos, energy and commodities, and more, across three, free powerful platforms Spreads on our MetaTrader 4 and MetaTrader 5 platforms are variable, with prices coming from many providers and sources to ensure you're getting the best price. Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Spreadex Financials

Spreadex

Trade one of the widest ranges of spread betting markets including large and small cap shares, indices, forex, commodities, bonds and interest rates. Spread betting spreads start from just 0.6 pts on EUR/USD, 1pt on UK 100 and 0.4 pts on Gold

Jonathan Hufford

Visit Spreadex

Spreadex Reviews

City Index

Spread Betting with City Index provides a tax-free* way to trade over 8000+ global markets. Fixed and variable spreads from 0.5 points with benchmark UK financing is LIBOR +/-2.5% Coming Soon Visit City Index

City Index Reviews

ETX Capital

Trade over 5,000 markets with Profits exempt from both Stamp Duty and Capital Gains tax within the UK. ETX offer competitive spread betting costs with major FX pairs from 0.6 pips and spreads on major Indices from 1 pt. Phil Adler CEO Interview ETX Reviews


Best Brokers For Uranium Trading Against The Forex Market

All the forex brokers are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS. Note: If you want to convert one currency to another and send money abroad you need a currency broker.

Featured Forex BrokerWhat Forex pairs can you trade?How much does Forex trading cost?CEO InterviewMore Info

IG

With IG, you can choose to trade more than 80 currency pairs – from majors, such as GBP/USD to exotics such as HUF/EUR. You can trade these forex pairs via CFDs or spread bets. Get spreads from just 0.6 points on pairs like EUR/USD with the UK’s No.1 FX provider.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade forex on over 300 forex pairs, including EUR/USD, GBP/USD and AUD/USD, plus our customised range of 12 forex indices​. Spreads on EUR/USD, AUD/USD and USD/JPY start from just 0.7 points. CMC USD Index​ spreads from 0.25.

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

Trade 61+ currency pairs with deep liquidity with pricing from multiple sources. Get some of the lowest forex spreads on the market with raw spreads from 0.0 pips on Razor accounts Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews
Fineco Trade 50+ Global Forex pairs Forex pairs with Fineco Fineco Forex spread are as low as, GBP/USD 1, EUR/USD 0.8, EUR/GBP 1

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews

Saxo Capital Markets

Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips Ultra-competitive FX spreads and trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade 48 currency pairs, 24 hours, 5 days a week, micro-lot trading available Low forex spreads from 0.1 pips on EURUSD, 0.3 pips on GBPUSD and 0.02 on AUDUSD.

Arnaout Omar Omar Arnaout

Visit XTB

XTB Reviews

Spreadex Financials

Spreadex

Speculate on over 60 currency pairs with advanced technical analysis tools including Pattern Recognition, ProTrend Lines and advanced indicators plus drawing tools Low spreads from 0.6 pts on EUR/USD and 0.9 pts on GBP/USD with 24 hour trading on most FX markets

Jonathan Hufford

Visit Spreadex

Spreadex Reviews

Plus 500

Trade FX CFDs on 60+ Forex Pairs like EUR/USD, GBP/USD and EUR/GBP with up to 1:30 leverage Variable Forex spreads on currency markets. Plus500 does not charge additional Forex dealing commissions. Coming Soon Visit Plus 500

Plus 500 Reviews

City Index

Trade on 84 global FX pairs like EUR/USD, GBP/USD and USD/JPY at City Index with fast execution and tight spreads Trade forex CFDs, DFT or spread bets with tight spreads from 0.5pts on major FX pairs Coming Soon Visit City Index

City Index Reviews

eToro

Trade CFDs on 47 of the most popular currency pairs with trades based in USD with eToro Forex Forex spreads are variable and trading costs are built into the price. Daily finance is charged on overnight positions.

Yoni Assai Interview

Visit eToro

eToro Reviews

Best DMA Brokers For Uranium Trading With Direct Market Access

Compare brokers that offer Direct Market Access (DMA) who are authorised and regulated by the FCA.  Use DMA to get inside the price and reduce your trading costs by getting better prices.

DMA BrokerDMA AccessDMA ExecutionAccount TypesCEO InterviewMore Info

IG

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
CEO Interview
Your capital is at risk. 76% of retail CFD accounts lose money

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews
Fineco Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews
Interactive Brokers Interactive Brokers Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Thomas Peterffy

IBKR Services

Best MT4 Brokers For Uranium Trading With Metatrader 4

MT4 or MetaTrader 4 is currently offered by over 600 brokers worldwide. Compare the top MT4 brokers to ensure you get the best pricing, tools, analysis, welcome bonus and features.

Featured MT4 BrokerWhat can you trade on MT4?How much does MT4 trading cost?CEO InterviewMore Info

IG

IG’s MetaTrader 4 package delivers instant access to 18 free add-ons and indicators, giving you an edge in your trading. You’ll also have the option to download thousands more from inside the MetaTrader 4 platform. Take advantage of minimum spreads of 0.6 on a host of forex pairs with IG. The minimum lot size on MT4 is 0.01 lots, helping you manage the risks of high-volume trading.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade CFDs on 30 currency pairs including EUR/USD, GBP/USD and USD/JPY, major indices like the UK 100 and US 30, plus popular commodities such as Gold, Silver and Crude Oil Trade Forex from 0.7 pips on MT4, indices from 1 point and Gold from 0.3.

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

Trade 85 pre-installed MT4 indicators available on the desktop app for greater insight into market trends During liquid times, MT4 spreads can go as low as 0 pips on the EURUSD through the Razor account Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Saxo Capital Markets

With Saxo Capital Markets' MT4 you can trade DMA on over 25+ tier 1 liquidity providers with professional-grade execution and liquidity models. Saxo MT4 spreads range from 0.3 pips on EURUSD 0.1 on USDJPY with prices derived from a wide range of Tier 1 institutions or choose Saxo’s own highly competitive pricing. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade over 1,500 markets through MT4. Test and optimise your trading strategies with the MT4 Strategy Tester Low forex spreads from 0.1 pips, stock CFD commission from 0.08%

Arnaout Omar Omar Arnaout

Visit XTB

XTB Reviews

ETX Capital

Trade over 60 FX pairs including majors, minors and a range of exotics currency pairs with ETX. ETX offer low FX trading costs on spread betting and CFDs with spreads on EURUSD from only 0.6 pips, and GBPUSD from 0.9 pips. Phil Adler CEO Interview ETX Reviews

City Index

With City Index’s MetaTrader4 platform, you can trade over 80 Forex pairs, including majors, minors and exotics. Ultra-tight spreads, fast trade executions and unique trading tools. Coming Soon Visit City Index

City Index Reviews

Best Brokers For Uranium Trading Option Strategies

Use our comparison tables to compare the best UK based options brokers authorised and regulated by the FCA. Choose or switch to an option broker that offers the most markets, best pricing and client security.

Featured BrokerFutures & OptionsServicesAccount TypesCEO InterviewMore Info

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

IG

Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Fineco Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews

Linear Investments

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Jerry Lees

Linear Services
Interactive Brokers Interactive Brokers Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Thomas Peterffy

IBKR Services

Compare Prime Brokers

Use our comparison service to get the best access, rates, execution and service for your hedge fund from the most appropriate prime brokers based in the UK.

Our Guide to Investing and Trading in Uranium

Climate change, the environment, renewables and the oil price tend to dominate the conversation about energy markets these days. However, other areas of interest don't get as much coverage and consideration as they deserve.

One commodity that fits that bill is Uranium which is the principal source of fuel for the world's nuclear reactors. It might surprise you to learn that Uranium is a tradable commodity and that there is an investable infrastructure that surrounds its production and use. In this guide we will take a look at the world of Uranium investing and trading as well as exploring some of the reasons that its price has been rising over the early part of 2020.

The Nuclear marketplace & Uranium Trading

Nuclear energy generates around +10.0% of the world’s electricity, according to data from the World Nuclear Association (WNA) that figure rises to +29.0% if we just consider the generation of low carbon electricity, globally. Nuclear power plants are operational in 30 countries worldwide and the power they generate is often transmitted abroad to other countries via modern power grids and connectors. According to WNA data, there are 440 active nuclear power plants in the world, with another 50 at various stages of construction.

In addition to these operational power stations, there are some 220 research reactors spread across more than 50 countries. These are used for the production of isotopes that are used in  medical procedures, for testing and in industry. The reactors are also used for research and training purposes.

Uranium production and investing

Uranium ore, or yellowcake, as it’s known in the trade, is extracted by using mining techniques whether that be in opencast pits or from subsurface mines. More recently a new method of extraction has been introduced that of leaching. Leaching is a process that is similar to fracking under which water mixed with alkalis or acids, is pumped into uranium deposits, which dissolve and can then be pumped to the surface with the water and solvents. The uranium ore is then extracted from the water, dried and milled into fine yellow grains that are not dissimilar in appearance to mustard powder.

This is only the start of the process however, and before the uranium to be used in reactors it needs to be enriched. Which in practice means raising the levels of the isotope Uranium 235 in the yellowcake from around +0.70% to +3.0 or +4.0%.

To achieve this the uranium ore is combined with fluoride and turned into a gas, Uranium Hexafluoride, which is then spun in special centrifuges that separate the Uranium 235 isotopes, from the heavier, and more common Uranium 238 particles in the mix. After the centrifuge, the enriched Uranium is converted back to a solid, in the form of Uranium Dioxide, a black pepper-like powder which in turn is pressed into fuel pellets, that are injected into rods for use inside nuclear reactors.

Around 27 tonnes of Uranium or 18 million fuel pellets are needed each year to power a typical1000 megawatt pressurised reactor. By comparison, a coal-fired power station with a similar generating capacity would consume around 2.50 million tonnes of fuel per annum.

Production and how if affects Uranium trading prices

Uranium ore is found and extracted in 20 countries across the globe, but large-scale production is focused on a limited number of mines. In fact, just 10 mines accounted for +51.0% of global production in 2018, as we can see in the table below.

Source WNA

Around +13.0% of global production comes from one site in Canada and +16.0% comes from just 4 mines in Kazakhstan. Though overall, Kazakhstan accounts for as much as 40% of global uranium ore supplies. That concentration of supply has some interesting ramifications in the way that uranium is priced and traded.

Trading Uranium and how it compares to other commodities

The chart below plots the price of uranium ore against that of US crude oil or WTI over the last 5 year.

As we can see uranium prices are starting to pick up as crude oil prices fall sharply this most likely coincidental rather than correlation or cause and effect but it's certainly an interesting talking point.

Source Trading Economics

Uranium is largely traded Over The Counter or OTC with deals being struck by suppliers and end consumers. There are futures markets in uranium ore, but they are relatively lightly traded for example at the time of writing there were just 28 open contracts on the CME May 2020 delivery with another 300 lots split between the August and September contracts in 2021.

Uranium is priced in US dollars and cents per pound and each CME futures contract represents 250 pounds of uranium 308 a popular form of “yellowcake”

The futures contracts are not deliverable but instead are traded as cash-settled CFDs. The minimum tick size is 5 cents per pound or $12.50 per lot if you prefer

Uranium prices peaked in the spring and summer of 2007 reaching $140.00 per pound but fell off quickly from there. Taking a further leg lower after the flooding and explosions at Japan's Fukushima nuclear plant, in 2011. The ore currently trades around $32.00 per pound (at the time of writing) that’s up by around +28.0% since the start of 2020.

Given the limitations and lack of liquidity in uranium ore futures, traders and investors need to find another route to market and that will take one of two solutions: trading or investing in quoted uranium miners and processors. Or buying or selling a dedicated ETF or fund on the sector.

There are many quoted Uranium companies including names such as Cameco, Paladin Energy, Energy Resources of Australia and Denison Mining. Canadian miner Cameco (ticker CCJ) is one of the largest quoted miners with a market cap of US$3.73 bln. Whilst the Global X Uranium ETF (ticker URA) is the principal collective investment tool. The fund has a holding in Cameco alongside Kazak miner NAK Kazatomprom AO, as well as more familiar names such as Samsung, Rio Tinto, Mitsubishi and Macquarie Group.

Source Investors Intelligence

We can see in the chart above, that plots the price of the Global X ETF, against that of Cameco, that the two items are very closely correlated. The ETF has a +23.0% weighting to Cameco among its holdings, making this the largest investment within the fund.

Our third chart plots Cameco share price against the price of uranium over the last 5 years once again there is the suggestion of a correlation between the two values.

How and where can you trade uranium?

In terms of actually trading and investing in uranium, there are three options traders can choose between CFD or Spread Betting both are forms of margin or leveraged trading. The principal difference between the two is the tax treatment of profits.

Any profits generated through spread betting by individual UK taxpayers are not subject to UK capital gains tax, under the current legislation. On the other hand, any losses generated through spread betting cannot be offset against gains made elsewhere.

Profits made from CFD trading are taxable, though losses incurred from CFD trading can be offset against capital gains made elsewhere.

In either case, whether betting on or trading in the Uranium companies and ETFs you will never be the beneficial owner of the underlying instruments. Instead, you have an economic interest in the rise and fall of their share prices.

Alternatively, those looking to make a longer-term investment in uranium can opt to buy physical shares in the uranium miners through their stockbroker.

More recently a new investment vehicle has come onto the market in the shape of UK quoted Yellow Cake PLC (Ticker YCA). Founded in 2018 the company is effectively a securitised fund solely invested in U308. In its words, the company offers pure exposure to Yellowcake ore without the operational risk of mining processing and production. Yellow Cake holds slightly more than 9.50 million pounds of U308 giving it a NAV or Net Asset Value of some £240 million at current prices.

Influences on the uranium price for traders

Uranium prices are influenced by two major factors: supply and demand and global geopolitics and the interactions between the two.

As we saw earlier supplies of uranium are concentrated in fact just  4 countries account for 75% of the world's supply: Kazakhstan (40%), followed by Canada (13%), Australia (12%) and Namibia (10%) what's more more than half  of global uranium ore production comes just from a handful of mines and that makes the supply chain very vulnerable indeed.

All the more surprising then that Donald Trump chose not to protect US uranium suppliers, by placing a +25.0% tariff on imports into the USA, despite extensive lobbying by US interests last year.

More recently Kazatomprom, the Kazakhstani state uranium miner, and the world's largest producer of ore, announced that it was to shutter all of its mines to halt the spread of the COVID-19 virus. And that the shutdown would last for three months.

Namibia has also taken similar action closing its uranium mines until the virus is brought under control. Given that uranium mining accounts for as much as +25.0% of Namibia's income this can't have been an easy decision to make.

This means that as much as +50.0% of global uranium supplies have been removed from the market for the second quarter of 2020, if not longer.

Smaller suppliers such as those in Australia are now under intense pressure to make up for the shortfall, though that will be something of a struggle, to say the least.

Demand and trading strategies

China is one of the world's largest consumers of uranium ore and is heavily reliant on Namibia for its supplies. Indeed it even operates mines in the country on behalf of the Namibian government as China’s economy gets back to normality after shuttering for almost two months. The country's 46 generating reactors will be called upon once more. In combination, they generate around +5.0% of the country's electricity needs.

Whilst in France nuclear power accounts for more than +70.0% of electricity generation in the country. France is also an exporter of nuclear power supplying other countries in Europe, including the UK, with its excess electricity and  even a supposed “green economy” such as Denmark is said to draw +10.0% of its electricity needs from external nuclear sources. French and Chinese power companies may not be the only uranium consumers looking for alternative short-term supplies.

A word on risk when trading uranium

Trading commodity and mineral resources markets can be a risky business, supply chains can easily be interrupted, and new supply can come on stream quickly. As we have noted already, environmental concerns around nuclear accidents, such as those at Fukushima can have negative and long-lasting effects on Uranium prices.

The proliferation of nuclear technology is highly sensitive and one only needs to look at relations between the USA and Iran to see where this can lead. Trading a volatile and sensitive commodity such as uranium, on a margined basis, adds another layer of risk and complexity. None of this means that you shouldn't trade or invest in uranium, but it does mean that you need to do your research first and  should enter any trades with your eyes wide open.