8 Best Commodity Trading Brokers and Platforms for 2026
In my experience, commodities such as oil, gas, and metals attract a lot of traders because of the volatility and trending environment that they bring, generating interest among traders. I have noticed that prices on commodities move with purpose, sometimes due to supply shocks (like COVID-19 and the Middle East war) and sometimes through natural market cycles.
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I noticed that trends develop and stay for weeks or months unless the fundamental reason behind them changes. Most people trade commodities because trending markets offer more favorable trading conditions and improve their odds. Investing in commodities can also serve as a hedge against inflation and geopolitical risk.
If you are struggling to choose a commodity trading broker, our comprehensive guide presents a list of the top brokers, providing clear and concise explanations of essential aspects that traders normally look for before deciding. Recognizing that traders have unique requirements, we have categorized brokers based on their standout features.
List of Top Commodity Trading Brokers and Platforms
*80% of retail CFD accounts lose money.
**AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
IC | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:30 (CySEC) · 1:5000 (FSA) · 1:400 (CMA) · 1:200 (SCB) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
Capital.com | 4.5 | 4.1 | $20 | 1:30 (FCA) 1:30 (ASIC) · 1:30 (CySEC) · 1:200 (SCB) · 1:300 (CMA UAE) | MT4, TradingView, Capital.com Web Trader, Capital.com App | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
XTB | 4.5 | 4.3 | $0 | 1:30 (FCA) 1:30 (BaFin) · 1:30 (KNF) · 1:30 (CySEC) · 1:30 (CNMV) · 1:500 (IFSC) · 1:30 (CNB) · 1:500 (CMF Chile) | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Plus500 | 4.3 | 3.3 | $100 | 1:30 (ASIC) 1:30 (FMA) · 1:30 (FSCA) · 1:300 (FSA) · 1:30 (FCA) · 1:20 (MAS) · 1:30 (EFSA) · 1:30 (CySEC) · 1:30 (DFSA) · 1:200 (SCB) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 80% 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 |
FxPro | 4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% 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 money. (EU, UK) |
Swissquote | 4.3 | 2.6 | $1000 | 1:100 (FINMA) 1:20 (SFC) · 1:30 (MFSA) · 1:100 (MAS) · 1:30 (CSSF) · 1:30 (CySEC) · 1:30 (FCA) · 1:30 (DFSA) · 1:100 (FSCA) | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments |
FP Markets | 4.6 | 4.1 | $100 | 1:500 (FSA) 1:500 (FSCM) · 1:500 (Unregulated) · 1:400 (FSCA) · 1:30 (ASIC) · 1:500 (CMA) | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. |
AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:30 (CBI) · 1:200 (BVI FSC) · 1:30 (ASIC) · 1:400 (ADGM) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
How Did FXEmpire Choose the Best Brokers for Commodity Trading?
We carefully considered the needs of commodities traders and focused on the points that benefit this group the most.
- We reviewed the range of commodities available, including CFDs on spot commodities, commodity futures, and ETFs.
- We’ve assessed the quantity and diversity of the commodity offerings provided by brokers.
- We measured the spreads for trading commodities (against the industry average) and preferred brokers with tight spreads, which helps to keep trading costs minimal for commodity traders.
- We researched how each broker is regulated and assessed its level of trustworthiness, financial strength, and reliability.
- We reviewed the available software for trading commodities, focusing on platforms with robust charting, diverse order types, an intuitive interface, and automated trading capability.
- We examined the maximum available leverage for trading different types of commodities at each broker.
Best Overall
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
In my experience, IC Markets is one of the most trusted brokers in the industry, founded in 2007 and based in Sydney, Australia. IC Markets is a veteran of the forex and CFD business. It is regulated by several authorities, including ASIC and CySEC and offers CFDs on currency pairs, commodities, indices, shares, ETFs, futures, and cryptocurrencies.
Commodity Trading Features:
- Commodity-based assets for trading: 30+
- Metals: Gold, Silver, Platinum, Palladium
- Gold Pairs: XAU/USD, XAU/EUR, XAU/CHF, XAU/GBP, XAU/AUD
- Silver Pairs: XAG/USD, XAG/EUR, XAG/CHF, XAG/GBP, XAG/AUD
- Energies: WTI Crude Oil, Brent Crude Oil, Natural Gas
- Softs: Cocoa, Coffee, Corn, Cotton, Orange Juice, Soybeans, Sugar, Wheat
- CFDs on Commodity Futures: Yes
- Maximum leverage for commodities trading: 1:1000 (Global Entity), 1:20 (EU Entity) 1:20 (ASIC Entity)
One thing I really liked about IC Markets is its range of over 30 commodity-based assets for trading. It lets you trade Gold and silver against five different currencies, and there is an extensive range of soft commodities as well. Various CFDs on commodity-related ETFs, such as the iShares Gold Trust, are also available. Traders can access CFDs on both spot commodities and commodity futures.
IC Markets offers MetaTrader 4, MetaTrader 5, and cTrader platforms that provide advanced charting and sophisticated order types for commodity trading. In my hands-on tests using a Standard Account, I found highly competitive spreads of 3 pips in WTI crude oil and 10 pips in gold.
Pros and Cons
- Excellent range of tradable commodities.
- Rock bottom spreads.
- Robust platforms and tools.
- 24/7 support.
- $1M insurance via Lloyds of London (offshore entity).
- High swap fees.
Best for Automated Trading
- $20Min Deposit
- 6313Tradable Instruments
- MediumFees
Why We Picked It
I think Capital.com is the ultimate choice to trade commodities with automated systems, as it provides a vast selection of commodity-related 90+ CFD contracts, futures, and knock-out options. While testing, I found that they have excellent conditions for automated trading in metals, energies, and soft commodities.
Commodity Trading Features:
- Commodity-based assets for trading: 97
- Metals: Gold, Silver, Platinum, Palladium
- Energies: WTI Crude Oil, Brent Crude Oil, Natural Gas
- Softs: Cocoa, Coffee, Corn, Cotton, Orange Juice, Soybeans, Sugar, Wheat
- CFDs on Commodity Futures, Knock-Out Options
- Maximum leverage for commodities trading: 1:10
Automated trading is available via Capital.com’s MetaTrader 4 platform, which features Expert Advisors (EAs) trading and a sophisticated strategy testing tool. And for cost-conscious traders who are also enthusiastic about fast execution speeds, Capital.com provides FIX APIs integration. This service enables Direct Market Access (DMA) trading, allowing algorithmic traders to obtain raw spreads directly from an exchange’s order books.
Speaking of costs, Capital.com provides affordable prices across major commodities. Through my live testing, I found that the broker offers an average crude oil spread of 0.03 pips and a 30-pip spread on gold. These values are aligned with the industry average.
Pros and Cons
- One of the biggest seldctions of commodities in the industry
- FIX APIs integration
- Competitive spreads on EUR/USD, US stocks, and indices
- Strategy testing
- Commodity spreads could be lower
Best Commodity Trading App
- $0Min Deposit
- 2534Tradable Instruments
- LowFees
Why We Picked It
Founded in 2002 in Poland, XTB is a globally regulated broker that is listed on the Warsaw Stock Exchange (WSE:XTB) and offers over 2,300 CFD instruments, including a variety of commodity products. All these can be traded on XTB’s xStation platform and its mobile version.
Commodity Trading Features:
- Commodity-based assets for trading: 27
- Metals: Aluminium, Silver, Gold, Palladium, Platinum, Copper, Nickel, Zinc
- Energies: WTI Crude Oil, Brent Crude Oil, Low Sulphur Gas Oil, Natural Gas, Carbon Emissions
- Softs: Cattle, Cocoa, Coffee, Corn, Cotton, Lean Hogs, Soybeans, Soybean Oil, Sugar, Wheat
- CFDs on Commodity Futures: Yes
- Maximum leverage for commodities trading: 1:500 (FSC Belize), 1:100 (KNF), 1:20 (CySEC, FCA, BaFin, CNMV)
The broker’s proprietary xStation 5 platform, which is well-designed and offers a robust range of built-in tools and features such as performance statistics, watchlists, and price alerts, offers the full range of markets. Its mobile app version retains the same degree of versatility.
The XTB app allows commodity traders to always stay on top of the latest market developments and manage their account performance. It also features 30+ technical indicators, drawing tools, and other chart configurations. The app also supports all basic order types: market, limit, and stop.
I tested XTB’s Standard account, which features commission-free trading and floating spreads from 0.8 pips. In February 2026, I recorded extremely high spreads on XAUSUD and crude oil – $1.23 and $0.07, respectively. However, XTB had warned of heightened market volatility at this time.
Pros and Cons
- Rare commodities like Carbon Emmissions and Lean Hogs
- Powerful charts and intuitive desing on the web platform and mobile app
- Video market breakdowns
- 17 Exchange Traded Commodities
- High fees on gold and oil
Best Commodity Trading Platform
- $100Min Deposit
- 2764Tradable Instruments
- HighFees
Why We Picked It
Founded in 2008, I think Plus500 is a powerhouse in the world of CFD trading and has left a mark with its drive toward innovation. It offers services in over 50 countries worldwide and is regulated by multiple top-tier regulators, including FCA, CySEC, and ASIC. One thing I found really unique is that it is a publicly traded company listed on the London Stock Exchange.
Commodity Trading Features:
- Commodity-based assets for trading: 28
- Metals: Silver, Gold, Palladium, Platinum, Copper
- Energies: WTI Crude Oil, Brent Crude Oil, Heating Oil, Low Sulphur Gas Oil, Natural Gas, Gasoline
- Softs: Sugar, Coffee, Corn, Wheat, Lean Hogs, Live Cattle, Soybeans, Cocoa, Feeder Cattle, Cotton.
- CFDs on Commodity Futures: Yes
- Maximum leverage for commodities trading: 1:150 (Global entity), 1:20 (ASIC), 1:20 (CySEC), 1:20 (FCA), and 1:150.
While testing, it was pretty evident that Plus500 has invested heavily in its proprietary WebTrader platform, which has taken the ease of use to a new level. For many, this is a significant improvement on the dated look and feel of the widely used MetaTrader platform. Beginners and casual traders can appreciate its intuitive yet feature-rich interface.
One thing I believe is a great advantage for traders is high-quality research tools built into the Plus500 platform. It’s called +Insights, and it provides unique data like the most traded instruments and the most profit-making positions among Plus500 clients. During my tests, the spread was 41 pips in gold and 4 pips in WTI oil.
Pros and Cons
- Innovative and intuitive Plus500 platform.
- Gold futures and options available.
- Insightful research materials.
- Fast-responding 24/7 chat support.
- No phone support.
Best Range of Commodities
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
If you are looking for flexibility, FxPro should be your go-to choice. It is a forex and CFD broker established in 2002 and licensed by the UK FCA, CySEC, FSCA, and SCB. Over 2,100 instruments, including a wide range of commodity markets, are available. Multiple account options and trading platforms cater to the needs of beginners to professionals.
Commodity Trading Features:
- Commodity-based assets for trading: 40
- Metals: Aluminium, Copper, Lead, Palladium, Platinum, Zinc
- Gold Pairs: Gold/USD, Gold/EUR, Gold grams
- Silver Pairs: Silver/USD, Silver/EUR
- Energies: WTI Crude Oil, Brent Crude Oil, Natural Gas
- Softs: Cocoa, Coffee, Corn, Cotton, Soybean, Sugar, Wheat
- CFDs on Commodity Futures: Yes
- Maximum leverage for commodities trading: 1:20 (FCA, CySEC, FSCA), 1:200 (SCB)
The biggest advantage of FxPro is its strong selection of commodities for trading, especially a notable range of metals beyond gold and silver. The broker also provides less commonly offered metals like lead and zinc, which I think sets FxPro apart from other competitors. Traders can also access a variety of soft commodities, like cocoa, soybeans, and corn
One thing I believe that really goes in traders’ favor is the in-house research: the FxPro team regularly publishes market insights on key commodities such as gold, silver, and WTI crude oil, covering both fundamental and technical analysis. Clients can also access Trading Central research through the portal for even deeper insights into commodity trends. During my fee test, a gold spread of 32 cents was aligned with the benchmark, but the WTI oil price of $0.05 exceeded it.
Pros and Cons
- Wide selection of commodities.
- Feature-rich FxPro web platform amd mobile app
- Regular market research on commodities
- Trading Central signals for gold and oil
- $10 monthly inactivity fee after 6 months of no activity
Best for Professional Traders
- $1000Min Deposit
- 454Tradable Instruments
- HighFees
Why We Picked It
If you are a professional trader and are looking for the best and most suitable broker for you, Swissquote is the best choice. Swissquote is a leading bank offering various financial services, including forex and CFD brokerage. The Gland, Switzerland-based bank is listed on the SIX Swiss Exchange, and its entities are regulated by multiple top-tier authorities in Europe and around the globe, including FCA, FINMA, and CySEC.
Commodity Trading Features:
- Commodity-based assets for trading: 30
- Metals: Gold, Silver, Platinum, Palladium
- Gold Pairs: XAU/USD, XAU/AUD, XAU/CHF, XAU/EUR, XAU/GBP
- Silver Pairs: XAG/USD, XAG/AUD, XAG/CHF, XAG/EUR, XAG/GBP
- Energies: WTI Crude Oil, Brent Crude Oil, Natural Gas
- CFDs on Commodity Futures: No
- Maximum leverage for commodities trading: 1:50 (FINMA), 1:20 (FCA), 1:20 (CySEC)
Swissquote does a good job with its trading software. The broker has developed a proprietary CFXD platform that features fluid TradingView charts, research materials from Autochartist, and FIX API integration that lets you receive raw spreads directly from an exchange’s order books.
You can also use MT4 and MT5 platforms with EAs if you are into algo trading. The lineup of trading assets is also high-class: Swissquote offers over 4 million trading and investing products, including 450 CFDs and 30 commodities. I can say that this is one of the largest offerings I’ve seen while reviewing brokers for FXEmpire.
The only drawback of the broker is its pricing – yes, Swissquote is not the cheapest one. In my live tests, I recorded high spreads on the most popular instruments. Plus, their minimum deposit requirement starts at $1000, proving that Swissquote suits serious traders with substantial capital.
Pros and Cons
- Execution of around 9ms.
- FIX APIs.
- Advances CFXD platform with advanced order types.
- 4 million trading and investing products.
- High fees and minimum deposit.
Best for Beginners
- $100Min Deposit
- 10180Tradable Instruments
- MediumFees
Why We Picked It
If you are just starting out in trading, FP Markets should be your choice. FP Markets was founded in Sydney, Australia, in 2005. It’s regulated by several financial authorities, including top-tier CySEC and ASIC. FP Markets offers over 10,000 CFD instruments spanning stocks, indices, forex, commodities, and cryptocurrencies. These are available on MetaTrader 4, MetaTrader 5, cTrader, TradingView, and the FP Markets mobile app.
Commodity Trading Features:
- Commodity-based assets for trading: 28
- Metals: Gold, Silver, Platinum, Palladium
- Gold Pairs: XAU/USD, XAU/EUR, XAU/AUD
- Silver Pairs: XAG/USD, XAG/EUR, XAG/AUD
- Energies: WTI Crude Oil, Brent Crude Oil, Natural Gas
- Softs: Corn, Cocoa, Soybeans, Coffee, Wheat
- CFDs on Commodity Futures: Yes
- Maximum leverage for commodities trading: 1:500 (Global Entity), 1:20 (EU Entity), and 1:20 (ASIC Entity).
If you are a new trader, FP Markets has your back. The broker provides a massive library of educational materials, which includes dozens of articles, guides, e-books, webinars, and podcasts. They cover trading basics and also lead you through your journey as soon as you hone your skills.
I can also confirm that FP Markets has good prices: I recorded very competitive spreads on gold (23 crnts) and WTI oil ( $0.04), using the Standard account that features only AUD 100 minimum deposit (for Australian clients). In my review, FP Market’s customer support also performed flawlessly. I received very helpful and quick answers within the live chat, but there are also phone and email options available.
Pros and Cons
- Low fees on commodities.
- Wide range of trading platforms.
- Excellent collection of educational content.
- Responsive customer support.
- No proprietary platform.
- No Islamic account.
Best Low Spreads
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
If you are looking for the lowest spreads on commodities, AvaTrade is the most suitable choice. It started in 2006 and operates globally. One thing that builds our trust as traders is regulations, and it scores well in that category as AvaTrade is regulated by the FCA, CySEC, and ASIC.
Commodity Trading Features:
- Commodity-based assets for trading: 19
- Metals: Copper, Gold, Silver.
- Energies: Brent Crude Oil, WTI Crude Oil, Gasoline, Heating Oil, Natural Gas.
- Softs: Cocoa, Coffee, Corn, Cotton, Palladium, Platinum, Soybeans, Sugar, Wheat.
- CFDs on Commodity Futures: No.
- Maximum leverage for commodities trading: 1:200 (Global Entity), 1:20 (EU Entity), and 1:20 (ASIC Entity).
In my live testing, I recorded spreads of 0.02 pips for WTI crude oil (against 0.03-pip benchmark) and 29 cents for gold (against 36-cent benchmark). Spreads on other assets were also competitive; for example, I experienced spreads of 0.8 pips in EUR/USD.
AvaTrade has a wide variety of commodity-related CFD instruments, including ETFs such as Market Vectors TR Gold Miners. Advanced MetaTrader 4 and 5 platforms provide access to robust charting, advanced order types, and automated trading. While the proprietary Ava Web Trader platform offers an intuitive and user-friendly alternative.
Pros and Cons
- Tight spreads in crude oil.
- 1,250+ tradable instruments overall.
- Versatile account types.
- Great range of trading platforms.
- Inactivity fee.
All the Brokers We Tested
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About the Authors
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Leveraging years of hands-on experience, Soban provides in-depth reviews of proprietary trading firms, carefully evaluating their models, rules, and impact on traders.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
As a Senior Content Editor at FXEmpire, Ola has revised and fact-checked over 200 broker reviews and guides. Her profound understanding of financial markets has been crucial in developing the proprietary rating system.
- List of Top Commodity Trading Brokers and Platforms
- How Did FXEmpire Choose the Best Brokers for Commodity Trading?
- Best Overall
- Best for Automated Trading
- Best Commodity Trading App
- Best Commodity Trading Platform
- Best Range of Commodities
- Best for Professional Traders
- Best for Beginners
- Best Low Spreads
- All the Brokers We Tested
- Update history
- Related Guides