9 Best Commodity Trading Brokers and Platforms for 2026

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.

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.

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.

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.

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.

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.

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.

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.

Founded in 2008, Plus500 is regulated worldwide and listed on the London Stock Exchange. In 2022, the broker launched its Futures Trading App for U.S. residents. The easy-to-use app offers a wide range of futures markets with competitive fees.

Commodity Trading Features:

• Commodity-based assets for trading: 23
• Metals: Gold, Copper, Micro Gold, Micro Copper, Platinum, E-mini Gold, Silver
• Energy: Micro WTI Crude Oil, Brent Crude Oil, Heating Oil, Natural Gas, E-mini
• Natural Gas, RBOB Gasoline, E-mini Crude Oil, Micro Natural Gas
• Agriculture: Soybean Meal, Corn, Soybean, Wheat, Live Cattle, Soybean Oil, Feeder Cattle, Lean Hogs
• CFDs on Commodity Futures: No
• Lowest margin for commodities trading: $20 per contract.

The Plus500 Futures Trading App is a breeze to use. Catering to beginner traders, it offers easy access to commodity futures and forex, crypto, interest rates, and equity indices futures. I found a good range of standard and micro contracts with competitive commissions – micro contracts at $0.49 and standard contracts at $0.89 per contract.

Overall, costs are very competitive as there are zero platform, routing, data, deposit, withdrawal or inactivity fees. The Plus500 Futures Trading Academy is also an excellent source of high-quality educational materials. A library of articles and videos covers the basics of futures trading, commodity markets, and some futures trading strategies to get started with.