Commodities trading

In addition to our vast range of commodity futures, we now offer commodities with no expiry points

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Trade commodities with IG through an international account

In order to trade on price movements across thousands of global markets, you need an international account. Find out why.

Trade commodities with us using CFDs.

CFDs offer a number of advantages over traditional commodities trading.

The new way to trade commodities

Our new commodity product enables you to take a cost-effective short-term view on 47 key commodity markets.

The new offering works in the same way as an index CFD or daily funded bet. And just like an index position, you’ll pay a funding charge for holding your commodity position overnight.

As there are no fixed expiries, we are also able to offer continuous charting on these markets. This means your technical analysis will be available as long as you want it. We have used past data to backdate our charts for the last three to five years, so you can get an accurate historical look.

How do we make our prices?

In the absence of a continuously traded underlying market, we have created an algorithm to derive a price from the forward curve of each commodity. It will automatically calculate and apply day-to-day funding requirements.

Lower spreads

Enjoy the best commodity spreads on the market with no insurance costs, including on gold and oil.

Increased transparency

As a continuous stream, your profit/loss will be clearer over the position's lifetime and with a daily funding charge for holding a position overnight, there's no need to close on expiry and open a new position.

Continuous charting

Take advantage of technical analysis, available as long as you want, and backdated price charts for the last three to five years.

Why trade commodities with IG?

Unique range of markets

Trade CFDs on a wide range of popular and niche metals, energies and softs

Sophisticated risk management

Use our risk management tools to manage your positions even in volatile times

Trade commodities on margin

Trade CFDs to gain full exposure with just a small initial deposit, but remember with leverage comes increased risk

Commodities

Commodities

Trade on commodities as a CFD.

 

CFDs

Spot Gold 0.4

Spot Silver (5000oz)

3.0
US Light Crude 3.0
Brent Crude 3.0
Chicago wheat 0.8
London Sugar 0.6
  Full CFD details

 

Commodities futures

Commodities futures

Trade on commodities as a CFD.

 

CFDs

Spot Gold n/a
Spot Silver (5000oz) n/a
US Light Crude 4.0
Brent Crude 4.0
Chicago wheat 1.0
London sugar 0.8
  Full CFD details

 

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.

Example: buying Spot Gold light

Buying Spot Gold

  CFD
Market and price Spot Gold 1447.96/1448.46
Trade

Buy at 1448.46

Trade size Buy 1 lot (1 lot = $100 per point)
Margin required

Margin required is 1% of total exposure = $1448.46

What happens next? Gold rallies more than $10 over the day.
Close

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

Gross profit

$1500

1463.46 – 1448.46 = 15

Value per point = $100

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

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

$1500 + $4.80

Net loss = $1504.80

 

Example: buying Spot Gold

Buying Spot Gold: detailed

  CFD
Market and price Spot Gold 1447.96/1448.46
Trade

Buy at 1448.46

Trade size Buy 1 lot (1 lot = $100 per point)
Margin required

Margin required is 1% 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

0.048 x $100 = $4.80*

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

Close

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

Gross profit

$1500

1463.46 – 1448.46 = 15

Value per point = $100

15 x $100 = $1500
Costs

0.5 point IG spread (included)

Funding cost = $4.80
Net profit

$1495.20

What if...

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

$1500 + $4.80

Net loss = $1504.80

 

Commodities are available to trade on an international account only.

South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

Panel Title

Flexible access to global commodities markets

Available on an international account

Try our platform

1 99.05% of trades executed by IG globally in 0.1 seconds: average per month, IG globally (12 months to February 2015)

2 99.98% core platform uptime, average per month, IG globally (12 months to February 2015)

IG globally, year ending 31 May 2014

South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.