No, IG do not offer direct market access to commodity futures. When you trade commodities with IG you are trading OTC CFDs or financial spread bets. If you want to trade DMA commodities you need a futures broker like Saxo Markets or Interactive Brokers.
IG Commodity Trading Review
Name: IG Commodity Trading
Description: Trade over 35 commodities or a range of commodity stocks and ETFs as a CFD or spread bet on spot prices or with (exclusive to IG) an undated contract. Commodity trading spreads are from just 2.8 points on Brent Crude and 0.3 on gold and you can also attach a guaranteed stop to limit your risk, even in the most volatile market conditions.
70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Summary
- Commodities markets available: 35
- Minimum deposit: £250
- Account types: CFDs, spread betting, DMA, investing
- Pricing: Gold 0.3, Oil 0.28
Pros
- Trading commodities on 25 markets
- Commodities spread betting
- Excellent OTC commodities liquidity
Cons
- No DMA commodities trading
-
Pricing
(4)
-
Market Access
(4.5)
-
Online Platform
(4.5)
-
Customer Service
(4)
-
Research & Analysis
(4)
Overall
4.2- Expert opinion: IG reviewed & rated
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
