Commodities trading
Strike while the iron, copper, lead, zinc, nickel or cobalt is hot. Open an account with us to start trading commodities – including metals, energies and agricultural markets.
Call 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.
Contact us: 010 500 8624
Call 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.
Contact us: 010 500 8624
Why trade commodities with us?
Access a wide range of commodity markets
Choose from 35 commodities or a range of commodity stocks and ETFs
Speculate on continuous prices
Take a position on commodity spot prices with our exclusive undated market offering
Get the best commodity prices
Keep your costs down with spreads from just 2.8 points on Brent Crude and 0.3 on gold
Achieve your trading goals
Focus on short-term profits with CFDs
Keep up to date on market movements
See live market updates with our in-platform newsfeed
Protect your capital
Attach a guaranteed stop to cap your risk – even in the most volatile market conditions
Ways to trade commodities with us
Commodity CFD trading | |
Markets to trade | Spot prices, futures, options contracts, shares and ETFs |
Main benefits | Go long or short on market prices. |
Traded in | Contracts |
Commission | Share CFDs are subject to commission. All other markets are charged via the spread |
Platforms | Web, mobile app and advanced platforms |
Learn more |
How to trade commodities
- Open a trading account
- Find an opportunity
- Take a position
- Monitor your trade
Open a commodity trading account now
*Demo accounts are only available for spread betting and CFD trading.
Open a commodity trading account now
Fast execution on a huge range of markets
Enjoy flexible access to 17,000 global markets, with reliable execution
React faster with powerful technology
Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach
Grow your confidence with an established provider
We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none
*Demo accounts are only available for spread betting and CFD trading.
Open a commodity trading account now
Open a commodity trading account now
Fast execution on a huge range of markets
Enjoy flexible access to 17,000 global markets, with reliable execution
React faster with powerful technology
Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach
Grow your confidence with an established provider
We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none
Trade commodities on the world’s best trading platform
Trade commodities anywhere, anytime on our award-winning platforms.3
- Web-based platform
- Mobile trading app
- Meta Trader 4
Get interactive charts, minute-by-minute analysis and a suite of risk management tools, all from our intuitive online trading platform.
Trade on the go from our mobile and tablet app – with instant price alerts, trading signals and customisable charts.
Trade gold, silver and oil markets on the popular MetaTrader4 platform – available only to CFD trading clients. Get the edge with 18 free indicators and thousands more add-ons.
Discover our commodities markets
- Energies
- Metals
- Softs
Trade our range of energy markets – including popular oils such as Brent Crude and US Crude.
Learn more about oil trading
Take a position on more than 20 types of soft commodities.
Find a commodity to trade
Looking for a commodity? Use our search tool to find charts, data and news on the commodities you’re interested in.
Undated commodities vs commodity futures
Trade commodities at our undated ‘spot’ or futures prices – both available through spread betting and CFD trading. Your choice will depend on how long you intend to hold your position for.
Undated commodity markets
Take a position on the current value of a commodity with our proprietary ‘spot’ prices.
- Positions cost less to open, but will incur a fee if left open overnight
- Speculate on the underlying market price with no fixed expiries
- Perform technical analysis over the longer term with continuous charting
Commodity futures
Speculate on the underling price of silver futures contracts.
- Trade over a longer time period – with no overnight funding fees
- Positions open at expiry will be rolled over unless you specify otherwise
- Get a clear overview of your contract’s price within its date range
Commodities costs
- Spreads for commodities
- Margin for commodities
The spread is our charge for executing your trade. It’s the difference between the buy and sell price, which we wrap around the underlying market price.
Market | Spread for futures | Spread for undated markets |
OIL - US CRUDE | 6 | 2.8 |
OIL - BRENT CRUDE | 6 | 2.8 |
SPOT GOLD | 0.6 | 0.3 |
SPOT SILVER (5000OZ) | 3 | 2 |
CHICAGO WHEAT | 1 | 0.6 |
LONDON SUGAR | 0.8 | 0.6 |
The charge will vary depending on whether you trade futures or our undated contracts. Futures have a wider spread, but no overnight funding charges – so are more cost-effective for longer-term trades. Learn more about our spreads
CFDs are leveraged, which means you can gain full exposure for the fraction of the cost. The deposit you pay to open a position is called margin. Although it’s not an additional cost to you, it can make a big difference to the affordability of your trade.
Remember, leverage can magnify your losses, as well as magnify any profits.
Market | Retail | Professional |
OIL - US CRUDE | 10% | 1.35% |
OIL - BRENT CRUDE | 10% | 1.35% |
SPOT GOLD | 5% | 0.45% |
SPOT SILVER (5000OZ) | 10% | 1.80% |
CHICAGO WHEAT | 10% | 1.80% |
LONDON SUGAR | 10% | 2.70% |
Find out more about our margin rates
Choose the world’s No.1 spread betting provider
Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.
*Demo accounts are only available for spread betting and CFD trading.
Choose the world’s No.1 spread betting provider
Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.
*Demo accounts are only available for spread betting and CFD trading.
Choose the world’s No.1 spread betting provider
Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.
Choose the world’s No.1 spread betting provider
Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.
Get the latest commodities news
Try these next
Discover everything you need to know about futures trading with us
Learn how to trade CFDs step by step, from opening an account to closing a position
Find out what ETFs are and how you can open your first position.
1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
2 Deal three or more times in the previous month to qualify for our best commission rates.
3 Winner of ‘Best Multi-Platform Provider’ at ADVFN International Finance Awards 2020.