Best Commodity CFDs Forex Brokers 2026

Every broker here offers CFD access to major commodities — gold, silver, Brent and WTI oil, natural gas — with competitive spreads and near-24-hour liquidity.

Updated April 2026 167 brokers analyzed Editorially independent
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How We Rank Brokers

Commodity CFDs track spot or front-month futures prices without the contract-expiry complexity of direct futures trading. Simpler for speculation, more accessible position sizes, multi-commodity access from a single account.

Commodity Range (30%)

Coverage across metals, energies, agriculturals

Commodity Spreads (25%)

Typical spreads on gold, oil, silver

Regulation & Safety (20%)

Tier-1 regulatory licensing

Contract Roll Handling (15%)

Transparent roll mechanics for futures-based CFDs

Near-24-Hour Access (10%)

Continuous commodity markets across Asia/Europe/US

Top 10 Brokers for Commodity CFD Trading

Ranked by commodity range (metals, energies, agriculturals), typical spreads on gold and oil, contract roll handling, near-24-hour access, and regulatory oversight.

#1

IG Group

4.6
★★★★★
Premium Tier FCA · BaFin · ASIC
Rating
4.6
Min Deposit
$250
Platforms
IG Trading Platform · TradingView · MetaTrader 4
Regulation
FCA · BaFin · ASIC
Tier
Premium
Founded
1974
Why traders choose IG Group

IG Group is a FCA and BaFin-regulated broker operating since 1974 (52 years). With a $250 minimum deposit and tight commodity CFD pricing during London and US sessions, it suits traders who prioritise speculating on metals, energies and agriculturals without futures-contract complexity.

#2

Saxo Bank

4.5
★★★★☆
Premium Tier FCA · FINMA · ASIC
Rating
4.5
Min Deposit
$0
Platforms
SaxoTraderGO · SaxoInvestor · SaxoTraderPRO
Regulation
FCA · FINMA · ASIC
Tier
Premium
Founded
1992
Why traders choose Saxo Bank

Headquartered in Copenhagen, Denmark, Saxo Bank provides CFD access to major commodities including gold, silver, oil and natural gas. Expect typical spread of 0.6 pips on EUR/USD — competitive for this category.

#3

CMC Markets

4.4
★★★★☆
Premium Tier FCA · ASIC · BaFin
Rating
4.4
Min Deposit
$0
Platforms
TradingView · MetaTrader 5 · MetaTrader 4
Regulation
FCA · ASIC · BaFin
Tier
Premium
Founded
1989
Why traders choose CMC Markets

CMC Markets provides CFD access to major commodities including gold, silver, oil and natural gas. The broker is notable for operating since 1989 (37 years), regulated by FCA and ASIC — factors that matter to traders looking at speculating on metals, energies and agriculturals without futures-contract complexity.

#4

Interactive Brokers

4.4
★★★★☆
Premium Tier SEC · CFTC · FCA
Rating
4.4
Min Deposit
$2000
Platforms
IBKR GlobalTrader · IBKR API · IBKR Mobile
Regulation
SEC · CFTC · FCA
Tier
Premium
Founded
1978
Why traders choose Interactive Brokers

Operating since 1978 (48 years) and regulated by SEC and CFTC, Interactive Brokers offers commodity CFDs on precious metals, energies and softs. The broker offers typical raw spread of 0.2 pips plus $4.0 round-turn commission, placing it among the more competitively-priced options on this list.

#5

IC Markets

4.8
★★★★★
Premium Tier ASIC · CySEC
Rating
4.8
Min Deposit
$200
Platforms
TradingView · MetaTrader 5 · MetaTrader 4
Regulation
ASIC · CySEC
Tier
Premium
Founded
2007
Why traders choose IC Markets

IC Markets is a ASIC and CySEC-regulated broker founded in 2007. With a $200.0 minimum deposit and tight commodity CFD pricing during London and US sessions, it suits traders who prioritise speculating on metals, energies and agriculturals without futures-contract complexity.

#6

FP Markets

4.5
★★★★☆
Premium Tier ASIC · CySEC
Rating
4.5
Min Deposit
$100
Platforms
cTrader · FP Markets Trading App · IRESS
Regulation
ASIC · CySEC
Tier
Premium
Founded
2005
Why traders choose FP Markets

Headquartered in Sydney, Australia, FP Markets provides CFD access to major commodities including gold, silver, oil and natural gas. Expect typical raw spread of 0.1 pips plus $6.0 round-turn commission — competitive for this category.

#7

Pepperstone

4.6
★★★★★
Premium Tier ASIC · FCA · BaFin
Rating
4.6
Min Deposit
$0
Platforms
TradingView · MetaTrader 5 · MetaTrader 4
Regulation
ASIC · FCA · BaFin
Tier
Premium
Founded
2010
Why traders choose Pepperstone

Pepperstone provides CFD access to major commodities including gold, silver, oil and natural gas. The broker is notable for founded in 2010, regulated by ASIC and FCA — factors that matter to traders looking at speculating on metals, energies and agriculturals without futures-contract complexity.

#8

XTB

4.4
★★★★☆
Premium Tier FCA · CySEC · KNF
Rating
4.4
Min Deposit
$0
Platforms
xStation 5 · xStation Mobile
Regulation
FCA · CySEC · KNF
Tier
Premium
Founded
2002
Why traders choose XTB

Operating since 2002 (24 years) and regulated by FCA and CySEC, XTB offers commodity CFDs on precious metals, energies and softs. The broker offers typical spread of 0.9 pips on EUR/USD, placing it among the more competitively-priced options on this list.

#9

Spreadex

4.6
★★★★★
Premium Tier FCA
Rating
4.6
Min Deposit
$0
Platforms
Spreadex Proprietary Platform
Regulation
FCA
Tier
Premium
Founded
1999
Why traders choose Spreadex

Spreadex is a FCA-regulated broker operating since 1999 (27 years). With no minimum deposit and tight commodity CFD pricing during London and US sessions, it suits traders who prioritise speculating on metals, energies and agriculturals without futures-contract complexity.

#10

HYCM

4.6
★★★★★
Premium Tier FCA · DFSA
Rating
4.6
Min Deposit
$100
Platforms
MetaTrader 5 · MetaTrader 4 · HYCM Trader
Regulation
FCA · DFSA
Tier
Premium
Founded
1977
Why traders choose HYCM

Headquartered in London, United Kingdom, HYCM provides CFD access to major commodities including gold, silver, oil and natural gas. Expect typical raw spread of 0.1 pips plus $8.0 round-turn commission — competitive for this category.

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Frequently Asked Questions

Common questions about choosing a commodity cfds forex broker

Which commodities are most commonly traded through CFDs?
Gold (XAU/USD) is by far the most-traded commodity CFD — often more liquid than major forex minors. Silver, Brent and WTI crude oil, and natural gas round out the top five. Agricultural commodities (wheat, corn, soybeans, coffee, sugar) are available at broader brokers like IG and Saxo but less universally offered.
How does gold CFD pricing work?
Gold CFDs track the spot gold market (XAU/USD), denominated in US dollars per troy ounce. At $2,000/oz, a 1-lot position (100 oz) represents $200,000 notional. Typical spreads run 10-30 cents at ECN brokers, with commission structures varying. Most brokers quote gold with near-24-hour liquidity (following Asia→London→New York sessions).
Are oil CFDs based on futures or spot prices?
Oil CFDs are typically based on the front-month futures contract (either Brent or WTI). This creates a roll cost as contracts approach expiry — most brokers handle this transparently by closing positions at one contract's settlement and opening them at the next, adjusting for the price difference. Long-term oil traders should understand the contango/backwardation dynamics that affect their P&L over contract rolls.
Can commodity CFDs replace holding physical commodities or ETFs?
For short-term speculation and hedging, yes. For long-term investment exposure, they're expensive — the cumulative financing costs on held CFD positions can exceed ETF management fees several times over on multi-year holds. Commodity-backed ETFs or spot metals (for gold/silver) are typically more cost-effective for buy-and-hold exposure. CFDs excel for tactical, leveraged, or short-side positions.