Commodities

Flexible access to global commodities markets

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Trading commodities with IG

Trade commodities with us using both spread bets and CFDs.

Both offer a number of advantages over traditional commodities trading. See how they compare.

Our charges

We keep our pricing as clear, consistent and competitive as possible:

  • No commission
  • Spreads from 0.5 points
  • Tiered margin from just 1%
  • Premium for guaranteed stops
  • No platform or settlement fees

Review our full list of charges and prices or find out more about our tiered margins.

Popular markets

Metals

Spread from

Spot Gold 0.5 points
Spot Silver (5000oz) 3 points
High Grade Copper 40 points

 

Energies

Spread from

US Light Crude 4 points
Brent Crude 6 points
Natural Gas 20 points

 

Softs

Spread from

Cocoa (London) 4 points
Chicago wheat 1 point
London sugar 0.8 points

 

 

Spread betting

Small minimum deal sizes, leveraged access, limited currency risk, tax-free1

Find out more

CFDs

Leveraged access to all our markets, plus DMA shares and forex, from one account.

Find out more

Who trades commodities and why?

Speculative traders take advantage of price volatility by trading derivative contracts like CFDs or by spread betting. They tend to be investors who don’t have the capital to actually trade large quantities of expensive commodities like gold.

Visit trading skills for a detailed guide to commodities.

Hedgers buy or sell commodities to help manage their risk. Commodities provide a good hedge, as they tend to move in an unconnected or opposite direction to certain stocks and bonds.

Producers who grow, harvest or mine commodities often hedge against adverse price movements by buying or selling futures contracts.

Commodities update
View our weekly round-up of the latest commodity news.

An introduction to commodities
Learn the basics of commodities trading at our seminar.

Commodities news videos

IG analysts and guests discuss the latest commodities news

Our clients' views on key commodities today

These charts show the percentage of IG clients who have long and short positions on these markets. This is calculated to the nearest 1%.

Trading technology

Our trading technology is fast, reliable and accessible via mobiletablet or our web-based platform:

  • 0.1 second execution2
  • 99.95% platform uptime3
  • No requotes with IG's own platforms4
  • Open trades at the price you request or better
  • 24-hour telephone support
  • No commission

Why IG?

We are a trusted, global provider of CFDs and spread bets, with over 125,000 clients in 14 countries around the world.

We started in 1974 as the Investors Gold Index, providing a new and more affordable way of trading the price of gold. Since then we have committed ourselves to maintaining the highest possible standards, delivering complete transparency and continual innovation.

We’re regulated by the FCA and fully segregate client funds from our own accounts. See our comprehensive education programme to find out why we’re the most popular spread betting and CFD provider in the world.

If you have any feedback, please don’t hesitate to let us know.

Ready to get started?

Start trading commodities in minutes by applying for an account and completing our simple online form. You can also try our dealing platform or open a demo account for free, with no obligation to create an account or trade.

Explore our platform

  • Explore our platform preview, risk-free
  • Search for your favourite commodities and open deal tickets
  • Access charts and technical analysis tools

Try our platform

Open a demo

  • Deal with £10,000 practice funds
  • Access charts and view live prices
  • Deal online or via our mobile apps

CFD demo account

Spread betting demo account

1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

99.03% of trades executed by IG globally in 0.1 seconds: average per month, IG globally (12 months to August 2014).

3 99.95% core platform uptime: average per month, IG globally (12 months to August 2014).

4 Excludes MT4, a third-party platform licensed to IG.

Example: buying Spot Gold light

Buying Spot Gold

  Spread bet DFB CFD
Market and price

Spot Gold 1447.96/1448.46

Deal

Buy at 1448.46

Deal size £65 per point Buy 1 lot (1 lot = $100 per point)
Margin required 14 (margin factor) x £65 = £910 Margin required is 0.7% of total exposure = $1448.46
What happens next? Gold rallies more than $10 over the day.
Close

You sell at 1463.46

Gross profit

£975

1463.46 –1448.46 = 15

Value per point = £65

15 x £65 = £975

$1500

1463.46 – 1448.46 = 15

Value per point = $100

15 x $100 = $1500
What if...

If the market dropped 15 points instead ($15):

Gross loss = £975

If the market dropped 15 points instead ($15):

Gross loss = $1500

 

To calculate your net profit or loss, you would need to factor in any spread or funding charges. See our detailed example for more information.

Daily funded bets (DFBs) are long-term bets on the cash price of an underlying instrument. DFBs have no expiry date, so we make a cash adjustment to your account to reflect funding charges.

* Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

Example: buying Spot Gold

Buying Spot Gold: detailed

  Spread bet DFB CFD
Market and price

Spot Gold 1447.96/1448.46

Deal

Buy at 1448.46

Deal size £65 per point Buy 1 lot (1 lot = $100 per point)
Margin required 14 (margin factor) x £65 = £910 Margin required is 0.7% of total exposure = $1448.46
What happens next? Gold rallies $10 over the day. At 10pm, the cut-off time for funding, the market is at 1458.46
Funding

0.268 x £65 = £17.42*

(tom-next rate + 2% pa admin fee) x deal size

0.048 x $100 = $4.80*

(tom-next rate + 0.3% pa admin fee) x deal size

Close

The market continues to rally and you sell your position to close at 1463.46

Gross profit

£975

1463.46 –1448.46 = 15

Value per point = £65

15 x £65 = £975

$1500

1463.46 – 1448.46 = 15

Value per point = $100

15 x $100 = $1500
Costs

0.5 point IG spread (included)

Funding cost = £17.42

0.5 point IG spread (included)

Funding cost = $4.80
Net profit

£957.58 tax free *

$1495.20

What if...

If the market dropped 15 points instead ($15):

£975 + £17.42

Net loss = £992.42

If the market dropped 15 points instead ($15):

$1500 + $4.80

Net loss = $1504.80


Daily funded bets (DFBs) are long-term bets on the cash price of an underlying instrument. DFBs have no expiry date, so we make a cash adjustment to your account to reflect funding charges.

* Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.