As a commodities broker Saxo offers one of the best trading platforms for retail and professional traders. For professional and institutional commodities traders, you can trade commodities with DMA on-exchange futures and options. For retail traders, you can get access to the commodities market through CFDs and a wide range of ETFs. The only think that Saxo does not offer commodity traders is financial spread betting for tax-free profits on oil and gold trading etc.
Saxo Markets Commodity Trading Review
Name: Saxo Markets Commodity Trading
Description: Saxo Markets customers can trade a wide range of commodities as CFDs, futures, options, spot pairs or exchange-traded commodities (ETCs) with tight spreads, integrated Trade Signals, news feeds and innovative risk-management features.
64% of retail investor accounts lose money when trading CFDs with this provider
Summary
- Commodities markets available: 25
- Minimum deposit: £1
- Account types: CFDs, futures & options, DMA, investing
- Pricing: Gold 0.5, Oil 0.28
Pros
- DMA commodities trading
- Professional platform
- Low commissions
Cons
- No commodities spread betting
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Pricing
(4)
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Market Access
(4.5)
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Online Platform
(4.5)
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Customer Service
(4)
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Research & Analysis
(4)
Overall
4.2- Expert opinion: Saxo Markets 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.
