Compare Commodities Trading Brokers

> Compare Commodities Trading Brokers

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 Broker	Commodity Account Options	Key Commodity Facts	Standard Commodity Costs	More 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	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.

Can you make money trading commodities?

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.

How do you trade commodities?

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

Which are the best commodities brokers?

Use our commodities broker comparison table to compare the market access and commodity trading products offered by commodities brokers to find appropriate commodities brokers.

Is commodities trading regulated?

Yes, as a financial instrument in the UK commodities trading is regulated by the FCA.

What are the most popular commodities to trade?

The top three traded commodities are Oil, Gold & Gas. We cover why these are so popular in our how-to-trade commodities guide.

How do commodities brokers make money?

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

Richard Berry

Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.

Broker	Expert & 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	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