Best Commodity Brokers

Category: Broker Guides | Author: Trading Brokers | Date: April 12, 2026

In terms of financial markets, commodities are physical goods that are bought, sold and traded in markets. Since there are so many commodities, they are grouped into three major categories: agriculture, energy, and metals. Commodity trading is where various commodities and their derivatives products are bought and sold.

OUR #1 BROKER 2026

Plus500 is a regulated and leading broker providing CFD Trading and Futures Trading (USA) with excellent trading conditions.

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Crypto CFDs are not available to UK retail clients. Trading in futures involves the risk of loss.

Introduction to Commodity Trading

When trading commodity CFDs, you can speculate on the price the price of a commodity falling or rising without needing to take physical ownership of the underlying asset. This makes trading commodities accessible to anyone with an internet connection. You just need an account with a commodity broker.

A commodity broker acts as a go-between for individual traders and exchanges, to facilitate trades of commodities, such as oil, gas and precious metals. The commodity broker executes orders to buy or sell commodity contracts on behalf of the clients and charges them a commission. Traders can benefit from commodity brokers, since they improve the trading process through technology, experience, and monitoring regulations.

However, it can seem like an uphill task to find a suitable broker with so many brokers offering commodities trading. That is why we have compiled this commodity trading broker guide, to help you discover some of the best brokers for trading commodities online. Having the best commodity brokers according to our findings listed in one place, can help you save time when looking for the best commodities broker for your own individual needs.

Top 10 Commodity Brokers

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.
Plus500 Review

ASIC, CySEC, FCA (FRN 509909), FSA, FSCA, FMA, ISA, MAS, EFSA, DFSA, SCB, NFA, CFTC

£/€/$50

2008

1:30

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Crypto CFDs are not available to UK retail clients. Trading in futures involves the risk of loss.
2.
IUX Review

ASIC, FSCA, SVGFSA, FSC MU

$50

2016

1:3000

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.
IC Markets Review

ASIC, CySEC, FSA, SCB

$200

2007

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.
AvaTrade Review

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA

$100

2006

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.
IG Review

ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA

$1

1974

1:30

69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
6.
Pepperstone Review

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$200

2010

1:400

Between 74-89 % of retail investor accounts lose money when trading CFDs,
7.
XM Group Review

ASIC, CySEC, DFSA, IFSC

$5

2009

1:888

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
8.
BlackBull Markets Review

FMA, FSA

$1

2014

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
9.
RoboMarkets Review

CySEC

$100

2012

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
10.
Libertex Review

FSC

$100

1997

1:1000

Trading in financial instruments is a risky activity and can bring not only profits, but also losses.
11.
Global Prime Review

ASIC, FSA, VFSC

$200

2010

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
12.
RockGlobal (Previously Rockfort Markets) Review

FMA

$200

2017

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Overview Of Top Commodity Brokers

Several brokers have built strong reputations as leaders in the commodity trading space due to their competitive pricing, reliable execution, diverse market access, and advanced trading technology. The best commodity brokers typically combine tight spreads or low commissions (other fees may apply) with powerful platforms, strong regulatory oversight, and responsive customer support.

Below, we highlight some of the best commodity brokers based on key criteria such as fees, trading tools, platform performance, customer service quality, and margin requirements—helping traders identify the right partner for their specific trading style and capital needs.

Plus500

Plus500 is a long-established, globally recognized trading provider with a solid reputation and proven track record since its inception in 2008. Publicly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, the company delivers a comprehensive multi-asset fintech trading ecosystem spanning diverse regions, platforms, and regulatory jurisdictions.

The broker offers thousands of CFD instruments across numerous asset classes, all accessible through its proprietary trading platform available on desktop, web, and mobile. Its clean interface, technology-driven infrastructure, and fast execution help position Plus500 as a user-friendly option for both beginner and experienced traders. Newcomers can take advantage of a risk-free demo account to practice and refine strategies, while the single retail account structure streamlines the onboarding experience. Clients also benefit from competitive spreads, no standalone commissions on most CFDs, a variety of convenient funding methods, and multilingual customer support depending on location.

Plus500 continues to expand its international footprint, enhance platform functionality, and introduce new product offerings. Although CFD trading is not available to U.S. residents, the company provides fully regulated futures trading in the United States through Plus500US, ensuring that American traders have access to a compliant and reliable alternative.

While every broker has limitations and CFD trading carries substantial risk, Plus500 remains a strong choice for traders seeking a well-regulated global platform that combines intuitive design, broad market coverage, and a commitment to technological advancement.

Pros
  • Trading platforms for web, desktop and mobile
  • Large range CFD trading instruments
  • Fast and reliable order execution
  • Fast and secure withdrawals
  • Trading guides to help educate beginners
  • Market news and insights for inspiration
  • Advanced analytical tools
  • Practice trading accounts
  • Excellent customer support 24/7
Cons
  • No fixed spread accounts
  • No MetaTrader platforms

IC Markets

IC Markets are one of our best forex brokers that offer online forex trading on the ever popular MetaTrader 4 (MT4) platforms for desktop, web and mobile devices. IC Markets has a great advantage of being a true ECN forex broker with a large range of instruments to trade across all of the different account types, including a huge portfolio of forex currency pairs, stocks, indices, commodities, cryptocurrencies, precious metals, energies and more.

IC Markets have some of the lowest trading costs available to retail forex traders and fast trade execution speeds. The spreads are very tight and commissions low when compared to many other brokers. There are no limitations on the type of forex trading strategy that you can use with IC Markets as they allow scalping, hedging, and automated trading with forex robots. They also offer 24/7 customer support who are always on hand to assist with general, technical and account related questions.

IC Markets Platforms & Tools

IC Markets offer the MetaTrader 4, MetaTrader 5, and cTrader platforms. These are the 3 most popular and user-friendly trading platforms available today. The true ECN trading model is incorporated into all of the platforms at no extra cost for all levels of traders. Trading on the go is possible via the mobile and tablet apps. This is useful for those who need to access their account and trade whilst on the go.

IC Markets have partnered with some of the world’s best trading technology companies which allows them to bring forex traders the ultimate trading environment and unique cutting-edge tools. Some of these tools include: Depth of Market (DOM), inbuilt spread monitoring, ladder trading, automated close of trades with custom order templates, and more.

IC Markets provide traders with a range of additional forex trading tools and apps that can assist with detailed market analysis and help to enhance the overall trading experience. These tools include economic calendars, alerts, technical indicators, market data and free VPS if you qualify.

IC Markets Research & Education

IC Markets have a vast selection of educational materials including basic and advanced trading guides and video tutorials. These can help clients to learn some of the most importance aspects about online trading including how it operates, technical and fundamental analysis, market influences, trading platforms and more.

IC Markets Trading Accounts

IC Markets offer a variety of forex trading accounts to cater for the needs of each individual trader, including accounts suited towards both beginners and experienced traders. The main difference between the accounts are the pricing models implemented. There are commission free accounts with a small spread mark-up or variable spread accounts with tighter spreads and a small commission fee. The account type you opt for can depend on your trading strategy. If you are a scalper then you would most likely require the true ECN account whereas swing traders may not be as dependant on the spread.

The IC Markets true ECN account is the key factor that helps to separate IC Markets from other forex brokers. This account connects forex traders to a very deep and diverse mix of up to 50 liquidity providers, which again reiterates that they provide some of the best spreads and superior execution for forex trading.

You can open a free demo trading account with IC Markets to practice your online trading strategies with virtual funds. This can be a great way to become familiar with the trading platforms and to improve your trading skills before you gain the confidence to open a real account. IC Markets are a Muslim friendly broker as they offer Islamic swap free accounts that comply with Sharia law.

IC Markets Account Funding

IC Markets accept client’s deposits in 10 major currencies with a wide variety of convenient methods for making deposits and withdrawals including Wire Transfer, Credit Card, Debit Card and online payment processors which include Neteller, PayPal and Skrill. There is likely to be a method suitable for every individual anywhere in the world.

IC Markets Customer Service

IC Markets offer multilingual support 24/7 via phone, chat and email. They are prompt, efficient and polite when answering support questions.

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investment Commission (ASIC). This means that they must abide by the strict rules put in place to protect investors and meet the strict capital requirements that they impose. All IC Markets client’s funds are held in segregated client trust accounts with the top Australian banks, thus helping to give the forex trader added security. IC Markets cannot use these funds for any other purposes such as running costs. This regulation helps to give you peace of mind that you are using a forex broker which must comply with very strict regulatory conditions.

IC Markets Summary

IC Markets have grown over the years to become one of the largest MetaTrader 4 and true ECN forex brokers in the world. They have achieved this by giving forex traders what they really want which is tight spreads, low commissions and plenty of liquidity to ensure trades get filled at the best possible prices with minimal slippage. They also provide excellent 24/7 customer support. I have always received an immediate response and never had any issues with making withdrawals.

Opening a demo or real account at IC Markets is extremely quick and easy. They offer a diverse range of forex trading accounts to suit the needs of all traders They offer user friendly trading platforms including the popular MetaTrader 4, a huge range of trading instruments, multiple account funding methods and strict regulation.

Pros
  • Variety of powerful trading platforms for all of your devices
  • Free premium trading tools to get the best out of your forex strategies
  • Some of the best forex trading conditions you will find
  • Institutional grade liquidity from a large liquidity pool
  • True ECN model delivers exceptional execution speeds
  • Low fees with no hidden costs
  • Tight spreads from as low as 0.0 pips
  • Multiple account funding options
  • Social trading platforms for copy trading
  • Free demo trading accounts
  • Excellent 24/7 customer support
Cons
  • Do not have a proprietary trading platform
  • Forex products can vary depending on your location
  • Minimum $200 deposit is not the lowest
  • Could add some more standalone tools
  • No fixed spread accounts

AvaTrade

At AvaTrade you can trade a wide range of commodity markets from metals to energies and more through CFDs. You can speculate on whether you think the price of the asset will move up or down. They provide hard and soft commodities and are one of the leading regulated brokers. You can enjoy all the benefits that go along with them including very competitive trading conditions, award winning platforms, powerful tools and excellent customer support.

Pros
  • Trade long and short on hard or soft commodities via the advanced MetaTrader platforms
  • Trade on the go anytime, anywhere with the innovate AvaTradeGO trading app
  • Manual and auto trading solutions available, including expert advisors
  • Access leading copy trading platforms including ZuluTrade and DupliTrade
  • Start with a small amount and trade with flexible leverage to choose from
  • Get competitive spreads with zero commission fees
  • 24/5 live client support in your language
  • Free demo trading accounts
Cons
  • High inactivity fees
  • CFD trading only
  • Instruments vary between platforms
  • Cannot accept traders in the USA

IG

With IG, you can trade commodities anywhere, anytime on their award-winning platforms. They have a good range of energy markets including popular oils such as Brent Crude and US Crude. You can speculate on the price of precious and base metals including gold and silver. There are over 20 types of soft commodities that you can take a position on. IG have a great selection of free resources including powerful tools for analysing commodity markets and expert analysis to help inspire trade ideas.

Pros
  • Choose from 35 commodities or a range of commodity stocks and ETFs
  • Take a position on commodity spot prices with exclusive undated market offering
  • Keep your costs down with spreads from just 2.8 points on Brent Crude and 0.3 on gold
  • Go long or short on market prices with commodity CFDs
  • Keep informed and see live market updates with an in-platform newsfeed
  • Attach a guaranteed stop to cap your risk and protect your capital
  • Accept USA traders
  • Free demo trading accounts
Cons
  • Could offer some more deposit and withdrawal methods
  • Minimum deposit of $250 is not the lowest
  • Limited instruments on MetaTrader 4
  • No MetaTrader 5 platforms
  • Inactivity fee after 2 years

Pepperstone

Pepperstone are one of the most established brokers you will find. They have been in the industry since back in 2010 and are regulated in multiple jurisdictions. The broker has a good range of commodity trading products including Gold, Silver, Crude, Natural gas and more. You can trade commodities with razor sharp pricing, low spreads and fast execution speeds, without worrying about physical delivery, ownership and rollovers.

Pros
  • Razor sharp pricing from multiple Tier 1 banks with consistently competitive spreads as low as 0.05 points on Gold with no commissions
  • Top tier liquidity. Get all of your Commodities trades filled in full, with no partial execution or requotes on market orders
  • High fill rate, fast execution and no dealing desk intervention
  • Award-winning customer support, available 24 hours 5 days per week, and even on weekends
  • Seize all opportunities, all commodities are spot markets with leverage, no expiry and no rollovers
  • Quick and easy account opening takes just a few minutes
  • Free demo trading accounts are available
Cons
  • Primarily CFD trading instruments offered
  • Do not have a proprietary trading platform
  • Cannot accept traders in the USA
  • Minimum deposit of $200 is not the lowest
  • Limited non-FX instruments compared to some brokers

IC Markets

IC Markets are a leading provider of online trading products and services. They have excellent trading conditions all round with powerful platforms for all of your devices and high-quality trading tools to improve your trading strategies. You can trade the most popular commodities from around the world, including energies, agriculture and metals, within the industry standard MetaTrader 4, 5 and cTrader trading platforms. IC Markets combines tight pricing and flexible conditions to give you one powerful product. This is backed up by excellent 24/7 support.

Pros
  • Good selection of over 22 commodities to trade
  • Energy, agriculture and metals
  • You can trade spot and futures CFDs
  • Flexible leverage is available
  • Spreads start from as low as 0.0 pips
  • Deep liquidity pools deliver rapid trade execution speeds
  • Free demo trading accounts
  • Excellent 24/7 customer support
Cons
  • Do not have a proprietary trading platform
  • Available trading products can vary depending on your location
  • Minimum $200 deposit is not the lowest
  • Cannot accept traders in the USA

XM Group

XM Group is an industry leading broker that has excellent trading conditions including raw spreads from just 0.0 pips and rapid trade execution speeds. XM provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy. The majority of all trading orders are executed in less than one second, with no re-quotes and no rejections. You can trade long or short on a generous selection of popular commodities via intuitive platforms for all of your devices with all of the tools you need at your disposal.

Pros
  • Trade commodities without actually owning the financial instrument on which the contract is based
  • Speculate on future uptrend/downtrend market price movements
  • Ideal also for beginner traders due to low deposit requirements
  • Ability to go long and short to try and benefit from rising and falling prices
  • No stock exchange fees or hidden costs
  • Choose from a selection of advanced trading platforms for web, desktop and mobile
  • Free demo trading accounts
Cons
  • Cannot accept traders in the USA
  • Inactivity fees apply
  • Only provide the MetaTrader platforms
  • Standard accounts are more expensive
  • Primarily CFD trading instruments offered

BlackBull Markets

Founded in 2014, BlackBull Markets are an award-winning online broker based in New Zealand who offer institutional grade trading conditions on user-friendly platforms, specialising in Forex and CFDs.

Pros
  • Trade across multiple devices on the popular MetaTrader 4 platforms
  • 23,000+ tradeable instruments including forex, shares, crypto, indices, gold, silver and oil
  • Various account types & funding options
  • Commission free accounts
  • Lightning-fast execution speeds
  • Industry-leading low spreads from 0.0 pips
  • FIX API trading
  • Free demo accounts
  • Swap-free Islamic accounts
  • Managed accounts available
  • Social trading signals
  • Outstanding customer support 24 hours a day
Cons
  • Cannot accept traders in the USA
  • Minimum deposit of $200 not the lowest
  • Limited amount of stock indices
  • No MetaTrader 5 platform

RoboMarkets

RoboMarkets is a multi-asset broker offering 8 asset types and more than 12,000 instruments for trading. Apart from this, clients get access to professional trading platforms and cutting-edge proprietary technologies. RoboMarkets multilingual customer support works 24/7 and is ready to serve you at any time.

Pros
  • Excellent choice of advanced trading platforms for all of your devices
  • Large selection of over 12,000 financial instruments to trade
  • Commission free stock trading
  • Tight spreads from just 0.0 pips and rapid execution speeds
  • Robust trading tools to help with your market analysis
  • No restrictions on algorithmic trading
  • Good variety of account types and funding options
  • Free withdrawal of funds twice a month
  • 0% commissions for all deposits
  • Free demo accounts to practice trading online
  • Very helpful 24/7 multilingual customer support on hand to assist
Cons
  • Cannot accept traders in the USA
  • $100 minimum deposit is not the lowest
  • Do not currently support crypto funding
  • Could improve educational resources for beginners

Libertex

Libertex is a regulated commodity broker proving you with convenient market access to trade a good selection of financial instruments on user-friendly trading platforms for all of your devices. They have good trading conditions with plenty of handy tools for conducting market analysis to find trading signals and make informed decisions.

Pros
  • User-friendly MetaTrader platforms give easy market access
  • Proprietary trading platform for all of your devices
  • Good range of trading instruments to choose from
  • Very competitive trading conditions
  • Quick and easy account funding options
  • Trading Central for automated market analysis
  • Market sentiment indicators and other useful tools
  • Free demo accounts to try them out
  • Islamic accounts for Muslim traders
  • Excellent customer support
Cons
  • Cannot accept traders in the USA
  • Limited account types to choose from
  • Limited educational materials for beginners
  • Do not have the MetaTrader 5 platform
  • No FIX API trading
  • No managed accounts

Global Prime

Global Prime provide custom liquidity solutions for retail and institutional traders who are looking for transparent, flexible and cost-effective trading solutions. They use an ECN/NDD model with MT4 and FIX API trading platforms available.

Pros
  • Powerful trading platforms for traders of all expertise
  • Tight spreads and low trading fees
  • FIX API trading solutions
  • Copy trading signals via third-party integration
  • Professional trading tools
  • Plenty of educational materials for beginners
  • ECN / NDD for quick execution speeds
  • Free VPS for eligible clients
  • Decent variety of convenient account funding options
  • Demo trading accounts
  • Good customer support
Cons
  • Cannot accept traders in the USA
  • Limited non-FX instruments
  • No Islamic account options
  • Minimum deposit is not the lowest
  • Not a great variety of account types

Rockfort Markets

Rockfort Markets is a New Zealand based online trading broker that offers a good range of trading instruments across multiple asset classes on the powerful MT4 and TWS platforms for all of your web, desktop and mobile devices.

Pros
  • MT4 trading platform to trade CFDs on Forex, Indices, Commodities and Cryptos
  • Tight spreads, fast execution and deep liquidity
  • STP/ECN brokerage model
  • Multiple trading account types for all strategies
  • Fast deposits and withdrawals
  • A range of useful trading tools
  • Insightful weekly chart analysis
  • Free trading signals from Trading Central
  • Free demo trading accounts to practice trading
  • Islamic swap-free accounts for Muslim traders
  • Active customer service
  • Dedicated account manager
Cons
  • Cannot accept traders in the USA
  • Minimum $200 deposit not the lowest
  • No direct crypto funding methods
  • No managed accounts
  • Inactivity fees

Conclusion

Here you will find our best commodity brokers, based on thousands of hours of extensive research, testing and analysis across hundreds of brokers. Upon conclusion of each of our broker reviews, we have assigned each broker with a rating.

Some of the most important factors that contribute towards a good broker for trading commodities online have been considered including things such as the available commodities, other financial instruments, platforms, apps, tools, spreads, execution, liquidity, fees, education, funding options, regulation, customer service and more.

Each of our best brokers for commodity trading have undergone and passed our stringent broker reviews with flying colours, based on what we consider to be amongst the most important considerations when choosing a commodity broker for trading online. These brokers are well-established within the online trading industry, providing top commodity trading conditions to traders and investors of all experience levels.


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