Best Commodity CFD 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 October 2026Every broker in our database 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 Forex Brokers

Ranked on the factors above — this order reflects fit for this specific use case, not overall broker quality. The rating shown on each card is our general assessment, which is why a lower-rated broker can rank higher here.

#1

IG Group

4.4
★★★★½
ASICFCABaFin
Overall rating
4.4
EUR/USD
0.72
Min Deposit
$0
Platforms
IG Trading Platform · MetaTrader 4 · TradingView
Regulation
ASIC, FCA, BaFin
Founded
1974
Why IG Group ranks here

Holds 3 tier-1 licences (ASIC, FCA, BaFin). Operating since 1974. EUR/USD averages 0.72 pips.

#2

CMC Markets

4.4
★★★★½
ASICFCABaFin
Overall rating
4.4
EUR/USD
0.53
Min Deposit
$0
Platforms
CMC Next Generation · MetaTrader 4 · MetaTrader 5
Regulation
ASIC, FCA, BaFin
Founded
1989
Why CMC Markets ranks here

Holds 3 tier-1 licences (ASIC, FCA, BaFin). Operating since 1989. EUR/USD averages 0.53 pips.

#3

Saxo Bank

4.1
★★★★
FINANSTILSYNETFCAFINMAMASSFCJFSA
Overall rating
4.1
EUR/USD
1
Min Deposit
$0
Platforms
SaxoTraderGO · SaxoTraderPRO · SaxoInvestor
Regulation
FINANSTILSYNET, FCA, FINMA
Founded
1992
Why Saxo Bank ranks here

Holds 6 tier-1 licences (FINANSTILSYNET, FCA, FINMA, MAS, SFC, JFSA). Operating since 1992. EUR/USD averages 1 pip.

#4

Interactive Brokers

4.2
★★★★
CFTCFCASEC
Overall rating
4.2
EUR/USD
0.65
Min Deposit
$0
Platforms
Trader Workstation (TWS) · IBKR Mobile · IBKR GlobalTrader
Regulation
CFTC, FCA, SEC
Founded
1978
Why Interactive Brokers ranks here

Holds 3 tier-1 licences (CFTC, FCA, SEC). Operating since 1978. EUR/USD averages 0.65 pips.

#5

Pepperstone

4.2
★★★★
ASICFCABaFin
Overall rating
4.2
EUR/USD
1.07
Min Deposit
$0
Platforms
MetaTrader 4 · MetaTrader 5 · cTrader
Regulation
ASIC, CySEC, FCA
Founded
2010
Why Pepperstone ranks here

Holds 3 tier-1 licences (ASIC, FCA, BaFin). Operating since 2010. EUR/USD averages 1.07 pips.

#6

IC Markets

4.3
★★★★½
ASIC
Overall rating
4.3
EUR/USD
0.88
Min Deposit
$200
Platforms
MetaTrader 4 · MetaTrader 5 · cTrader
Regulation
ASIC, CySEC, FSA (Seychelles)
Founded
2007
Why IC Markets ranks here

Holds 1 tier-1 licence (ASIC). Operating since 2007. EUR/USD averages 0.88 pips.

#7

Plus500

3.7
★★★½
ASICFCAMAS
Overall rating
3.7
EUR/USD
1.2
Min Deposit
$100
Platforms
Plus500 WebTrader · Plus500 Mobile App
Regulation
ASIC, CySEC, FCA
Founded
2008
Why Plus500 ranks here

Holds 3 tier-1 licences (ASIC, FCA, MAS). Operating since 2008. EUR/USD averages 1.2 pips.

#8

Vantage

4.1
★★★★
ASICFCA
Overall rating
4.1
EUR/USD
1.37
Min Deposit
$50
Platforms
MetaTrader 4 · MetaTrader 5 · cTrader
Regulation
ASIC, CySEC, FCA
Founded
2009
Why Vantage ranks here

Holds 2 tier-1 licences (ASIC, FCA). Operating since 2009. EUR/USD averages 1.37 pips.

#9

XTB

3.6
★★★½
KNFFCABAFINCNMV
Overall rating
3.6
EUR/USD
1.17
Min Deposit
$0
Platforms
xStation 5 · xStation Mobile
Regulation
KNF, FCA, CYSEC
Founded
2002
Why XTB ranks here

Holds 4 tier-1 licences (KNF, FCA, BAFIN, CNMV). Operating since 2002. EUR/USD averages 1.17 pips.

#10

FP Markets

4.3
★★★★½
ASIC
Overall rating
4.3
EUR/USD
1.16
Min Deposit
$100
Platforms
MetaTrader 4 · MetaTrader 5 · cTrader
Regulation
ASIC, CySEC, FSCA
Founded
2005
Why FP Markets ranks here

Holds 1 tier-1 licence (ASIC). Operating since 2005. EUR/USD averages 1.16 pips.

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Frequently Asked Questions

Common questions about choosing a commodity cfd 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.

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