Is Saxo a good commodities broker?

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Commodities

Saxo 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.

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.

Compare Saxo against other commodities trading platforms below:

Commodity Trading PlatformCommodities AvailableAccount TypesCustomer RatingMore InfoRisk Warning
City Index Commodities Trading20βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
3.8
(Based on 124 reviews)
See Platform70% of retail investor accounts lose money when trading CFDs with this provider
Forex.com Commodities Trading20βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
4.1
(Based on 16 reviews)
See Platform75% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone Commodities Trading28βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
4.6
(Based on 86 reviews)
See Platform75.3% of retail investor accounts lose money when trading CFDs with this provider
Plus500 Commodity Trading22βœ”οΈCFDs
βœ”οΈSpreadbetting
βœ”οΈFutures
❌Options
3.7
(Based on 144 reviews)
See Platform80% of retail investor accounts lose money when trading CFDs with this provider.
Interactive Brokers Commodities Trading20βœ”οΈCFDs
❌Spreadbetting
βœ”οΈFutures
βœ”οΈOptions
4.4
(Based on 934 reviews)
See Platform60% of retail investor accounts lose money when trading CFDs with this provider
Spreadex CFD Trading20βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
4.3
(Based on 257 reviews)
See Platform64% of retail investor accounts lose money when trading CFDs with this provider
Commodities Trading35βœ”οΈCFDs
βœ”οΈSpreadbetting
βœ”οΈFutures
βœ”οΈOptions
3.9
(Based on 678 reviews)
See Platform70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
CMC Markets Commodities Trading100+βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
3.7
(Based on 148 reviews)
See Platform69% of retail investor accounts lose money when trading CFDs with this provider
Saxo Markets Commodities Trading25βœ”οΈCFDs
❌Spreadbetting
βœ”οΈFutures
βœ”οΈOptions
3.6
(Based on 73 reviews)
See Platform65% of retail investor accounts lose money when trading CFDs with this provider
eToro Commodities Trading15βœ”οΈCFDs
❌Spreadbetting
❌Futures
❌Options
3.4
(Based on 277 reviews)
See Platform51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
XTB Commodities Trading22βœ”οΈCFDs
❌Spreadbetting
❌Futures
❌Options
4.6
(Based on 136 reviews)
See Platform73% of retail investor accounts lose money when trading CFDs with this provider
ThinkMarkets25βœ”οΈCFDs
βœ”οΈSpreadbetting
❌Futures
❌Options
4.9
(Based on 205 reviews)
See Platform66.95% of retail investor accounts lose money when trading CFDs with this provider
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