9 Best Commodity Trading Brokers and Platforms for 2025

Founded in 2007, IC Markets is a veteran of the forex and CFD industry. With over 180,000 active clients worldwide and US $1.2 trillion in trading volume (according to the broker’s website), it has emerged as a market leader.

The Sydney, Australia-based broker provides access to trading in CFDs on currency pairs, commodities, indices, shares, ETFs, futures, and cryptocurrencies. While researching trust and stability signals, I confirmed that IC Markets is regulated by multiple authorities, including top-tier ASIC and CySEC.

Commodity Trading Features:

• Commodity-based Assets: 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: 1:1000 (Global Entity), 1:20 (EU Entity) 1:20 (ASIC Entity)

My research revealed that IC Markets offers over 30 commodity-based assets for trading. Gold and silver can be traded against five different currencies, and there is an exciting range of soft commodities. 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.

The MetaTrader 4, MetaTrader 5, and cTrader platforms provide advanced charting and sophisticated order types for commodity trading. In my hands-on tests using a Standard Account, I recorded highly competitive spreads of 3 pips in WTI crude oil and 10 pips in gold.

Capital.com dominates the commodities trading scene with its 130 CFD contracts, futures, and knock-out options. It provides excellent conditions for automated trading in metals, energies, and soft commodities.

Commodity Trading Features:

• Commodity-based assets for trading: 130
  • 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: Yes
• Other Assets: Knock-Out Options
• Maximum leverage: 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, which is listed on the Warsaw Stock Exchange (WSE:XTB) and offers over 2,300 CFD instruments and 3,600 real US shares from its flagship xStation 5 platform.

Commodity Trading Features:

• Commodity-based assets for trading: 23
  • 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: 1:20 for retail traders; 1:200 for professional traders

On top of an excellent range of metals, XTB offers an impressive selection of other markets. There are over 1,971 share CFDs to trade long or short, covering European and US stock exchanges. Furthermore, over 3,600 real US shares are available to invest in. A standout feature is the ability to earn 4.9% interest on any uninvested funds, ensuring your capital is always growing.

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.

XTB also offers a mobile version of the xStation platform, featuring a modern, well-designed interface. It provides the same range of features as the web platform, including 1-click trading, trading from the chart, robust charting tools, and full order type support.

Originally hailing from Israel, Plus500 is a powerhouse in the world of CFD trading and has left a mark with its drive toward innovation. The broker was founded in 2008 and now offers services in over 50 countries worldwide. Plus500 is regulated by multiple top-tier regulators, including FCA, CySEC, and ASIC, and is a publicly-traded company listed on the London Stock Exchange.

Commodity Trading Features:

• Commodity-based Assets: 30
  • 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: up 1:20 CFD Commodities

Plus500 has invested heavily in its proprietary WebTrader platform. 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 (*beginners have access to an unlimited demo account where they need to start their trading experience with Plus500).

Plus500 has built some great research tools into the platform. The +Insights tool provides unique data like most traded instruments and most profit-making positions among Plus500 clients. During my tests, I experienced spreads of 41 pips in gold and 4 pips in WTI oil.

FxPro 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: 38
  • 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: 1:20 (FCA, CySEC, FSCA), 1:200 (SCB)

FxPro offers a strong selection of commodities for trading, with an especially notable range of metals. In addition to gold and silver, the platform also features less commonly offered metals like lead and zinc, setting it apart from many competitors. Traders can also access a variety of soft commodities, providing opportunities across multiple markets.

The in-house research 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 our fee test, the average spread for WTI crude oil was 3.95 cents—higher than the industry average of 2.00 cents.