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Commodities Brokers let you trade and invest in the commodities markets through their online platforms. Compare the best commodities trading platform so you can access lots of markets, get the cheapest prices per trade and use tools and resources to help you maximise your profits.

Featured Commodities BrokerCommodity Account OptionsKey Commodity FactsStandard Commodity CostsMore Info

IG

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 38
Standard Margin: 5%
Pro Margin: 0.45%
Minimum Deposit: £250
Inactivity Fee: £12 pm
HQ: London, UK
Crude Oil: 0.28 points
Nat Gas: 0.3 points
Gold: 0.3 points
Silver: 0.2 points
Corn: 0.6 points
Overnight Financing: 0.0022%
See Offer
Your capital is at risk. 70% of retail CFD accounts lose money

CMC Markets

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 33
Standard Margin: 5%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: £10 pm
HQ: London, UK
Crude Oil: 0.3 points
Nat Gas: 0.8 points
Gold: 0.3 points
Silver: 0.25 points
Corn: 0.9 points
Overnight Financing: 0.0027%
See Offer
67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 23
Standard Margin: 5%
Pro Margin: na
Minimum Deposit: £100
Inactivity Fee: £0
HQ: Melbourne, Australia
Crude Oil: 0.25 points
Nat Gas: 0.5 points
Gold: 0.05 points
Silver: 0.05 points
Corn: na
Overnight Financing: Variable
See Offer 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

City Index

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 25
Standard Margin: 5%
Pro Margin: 0.25%
Minimum Deposit: $50
Inactivity Fee: $10 pm
HQ: London, UK
Crude Oil: 0.3 points
Nat Gas: 0.18 points
Gold: 0.3 points
Silver: 0.2 points
Corn: 0.1 points
Overnight Financing: Variable
See Offer 70% of retail investor accounts lose money when trading CFDs with this provider

Trade Nation

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 10+
Standard Margin: 5%
Pro Margin: na
Minimum Deposit: £0
Inactivity Fee: £0 pm
HQ: London, UK
Crude Oil: 3 points
Nat Gas: na
Gold: 0.4 points
Silver: 2 points
Corn: na
Overnight Financing: Variable
See Offer
57.1% of retail investor accounts lose money when trading CFDs with this provider

Markets.com

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 10+
Standard Margin: 5%
Pro Margin: na
Minimum Deposit: £5
Inactivity Fee: £0 pm
HQ: London, UK
Crude Oil: 0.5 points
Nat Gas: 0.3 points
Gold: 0.5 points
Silver: 0.3 points
Corn: 0.7 points
Overnight Financing: 0.0174%
See Offer
77% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 25
Standard Margin: 5%
Pro Margin: 0.45%
Minimum Deposit: £100
Inactivity Fee: £0
HQ: St Albans, UK
Crude Oil: 0.3 points
Nat Gas: 0.3 points
Gold: 0.4 points
Silver: 0.3 points
Corn: na
Overnight Financing: Variable
See Offers77.4% of retail investor accounts lose money when trading CFDs with this provider

Spreadex Financials

Spreadex

Commodity CFDs: Yes
Spread Betting: Yes
DMA Commodities: No
Pro Account: Yes
Commodity Futures: No
Commodity Options: No
Commodity Markets: 21
Standard Margin: 5%
Pro Margin: 0.45%
Minimum Deposit: £100
Inactivity Fee: £0
HQ: St Albans, UK
Crude Oil: 0.3 points
Nat Gas: 0.3 points
Gold: 0.4 points
Silver: 0.3 points
Corn: na
Overnight Financing: Variable
See Offer 69% of retail investors lose money when trading spread bets and CFDs with this provider

Saxo Markets

Commodity CFDs: Yes
Spread Betting: No
DMA Commodities: Yes
Pro Account: Yes
Commodity Futures: Yes
Commodity Options: Yes
Commodity Markets: 19
Standard Margin: 5%
Pro Margin: 1.5%
Minimum Deposit: £500
Inactivity Fee: £25 pq
HQ: Copenhagen, Denmark
Crude Oil: 0.5 points
Nat Gas: 0.17 points
Gold: 0.6 points
Silver: 0.35 points
Corn: 1.25
Overnight Financing: Variable
See Offer 70% of retail investor accounts lose money when trading CFDs with this provider

What is a commodities broker?

A commodities broker provides access to commodities markets such as gold, oil, and corn for trading, speculation, and hedging.

The different ways commodities brokers provide access to the market

Commodities brokers provide access to the commodities markets via:

The different types of commodities brokers

Commodities Future Brokers

Commodities futures are used by agricultural firms and speculators. Commodities futures allow traders to buy or sell a specific amount of a commodity at a specific date in the future. A farmer may use them to lock in the current market price and sell a harvest of corn before it has been grown, whereas a trader may use them to speculate on the price of corn moving higher or lower in the hope of making a profit.

A commodities futures broker will provide access through futures trading to commodities exchanges such as the CME or CBOT. Our guide on how to trade futures explains the risks and rewards of futures trading.

Commodities Options Brokers

Commodities options are traded on exchange-like futures and can be used for physical trading or speculation. Commodities options differ from commodities futures in that you are trading the right to a certain amount of a commodity at a certain point in the future, not the obligation. Here's how options trading works.

CFD Commodities Brokers

Trading commodities via CFDs enables traders to speculate on the price of commodities with leverage. Leveraged trading enables traders to enter into a "contract for difference" based on the opening and closing prices of a trade. The user of margin means that traders only need to deposit a small percentage of the value of the commodities they are trading through a commodities broker which increases their exposure to the market.  Commodities CFDs are an OTC (over the counter) derivatives product which means that traders never actually own the underlying commodities, they are simply speculating on the price.

Spread Betting Commodities Brokers

Spread betting on commodities is another form of OTC margin speculation and allows traders to bet on the price movement of commodities. The key advantages over CFDs are that in the UK there is no capital gains tax on spread betting profits. Because of this commodities spread betting is unique to the UK. Commodities spread betting should not be confused with futures spread trading which is speculating on the divergence between different monthly futures.

Commodities ETF Brokers

Trading commodities through ETFs can be done through most stockbrokers and investment platforms.  Commodity ETFs are traded on stock exchanges like shares and can be held in normal accounts, ISAs and SIPPs. The price of commodities ETFs tracks the price of underlying commodities so provide a simple way for investors to get exposure to commodity markets without having to enter into traditional derivatives contracts.

Commodities Brokers FAQ:

Commodities trading is high risk, but some are easier to trade than others. We've assessed the different types of commodities and helped identify the best commodities to trade for profits each day.

Here's how to trade commodities for insights into trading strategies and methods for both new and existing traders.

Use our commodities broker comparison table to compare the market access and commodity trading products offered by commodities brokers to find appropriate commodities brokers.
Yes, as a financial instrument in the UK commodities trading is regulated by the FCA.
Commodities brokers make money through fees and financing charges. Commodity broker costs can be broken down depending on how a commodity is traded. The costs involved in trading with a commodities broker
  • Futures - commission charge on a per lot basis
  • Options - commission charged on a per lot basis
  • CFDs - the bid/offer spread is widened and overnight interest is charged on positions
  • Spread Betting - the bid/offer spread is widened and overnight interest is charged on positions
  • ETFs - commission charge on buys and sells, plus an account maintenance charge

About The Author

Commodities Trading Platform Reviews

BrokerExpert & User Reviews

IG

IG Reviews See Offer
Your capital is at risk. 70% of retail CFD accounts lose money

CMC Markets

CMC Markets Reviews See Offer
67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Pepperstone

Pepperstone Reviews See Offer
79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

City Index

City Index Reviews See Offer
74% of retail investor accounts lose money when trading CFDs with this provider

ETX Capital

ETX Capital Reviews See Offer
69% of retail investors lose money when trading spread bets and CFDs with this provider

Spreadex Financials

Spreadex

Spreadex Reviews See Offer
69% of retail investors lose money when trading spread bets and CFDs with this provider

Saxo Markets

Saxo Markets Reviews See Offer
70% of retail investor accounts lose money when trading CFDs with this provider

Popular Commodities Trading Markets

Commodities Trading Guides


Our expert commoditiy trading guides are designed to highlight the risks and rewards of trading online. Each guide provides an overview and in-depth look at a specific topic and who it is appropriate for.